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    The Largest CRE Database in the US with Over 1 Million Listings

    961 Highway 4 Dorrington, CA 95223

    Sponsored
    For Sale
    $399,000

    Mixed Use - Arnold, CA

    Type:Mixed Use
    Property size:
    1,324 SF
    Lot size:
    1.21 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 26 at 7:06 am

    Property Features for 961 Highway 4

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C2-General Commercial
    APN
    026026017000
    Parking
    20
    Exterior features
    Low Maintenance
    Fireplace
    1
    Size
    1,324 SF
    Lot size
    1.21 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s), Fireplace Insert, Floor Furnace, Propane (Heating), Propane Stove
    Cooling system
    Multi Units, Other (Cooling), Wall Unit(s)

    Building Details

    Flooring type
    Other
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Barry Ward
    Barry Ward

    Corcoran Global Living (925) 634-1111

    Listing agent Barry Ward (209) 795-6600 License #00555577

    Listing date Jan 8, 2026

    MLS# 202501360 Listing URL

    Copyright © 2026 Calaveras County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Parcel in Arnold, CA

    This 1.21-acre commercial parcel is located in Arnold, California. Zoned C-2, the nearly level lot offers development potential for commercial uses. The property includes a 1,324 sq. ft. retail building with an addition. The interior features a gas log fireplace and low-maintenance flooring, with pecky cedar accents. The property is suited for a boutique retail shop, art gallery/studio, restaurant, tasting room, or beer garden. The property has dual access from Highway 4 and Maple Street. Historically, the property hosted the Arnold Craft Fairs. The location offers visibility and accessibility in a high-traffic area, near Big Trees State Park and other outdoor attractions. Arnold is a hub for visitors exploring the Sierra Nevada foothills.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Auto Parts Store Clothing Store Department Store HVAC Service Grocery Store Garden Center Smoke and Vape Shop Veterinary Clinic Home Appliance Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dorrington
    County
    Calaveras
    State
    California
    Longitude
    -120.35072
    Latitude
    38.25539

    Nearby Similar for Sale

    • $995,000
      4,000 SF

      Highway Frontage Mixed-Use Property

      8.13 acre mixed-use property with highway frontage.
      3022 Highway 4, Dorrington, CA 95223
      View Details
    • $489,000
      1,808 SF

      Turnkey Restaurant in Arnold, CA

      Fully equipped restaurant with indoor/outdoor dining near Bear Valley.
      1051 Highway 4, Dorrington, CA 95223
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    FAQs

    What type of property is this?
    Retail space - 1.21-acre commercial parcel with 1,324 sq. ft. retail building.
    Where is this retail space located?
    The property is located at 961 Highway 4 Dorrington, CA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - 1.21-acre commercial parcel zoned C-2, offering flexible development potential.; - Prime location in high-traffic area of Arnold, California, with dual access from Highway 4 and Maple Street.; - High visibility and accessibility, frequented by tourists and locals.
    (209) 470-4600
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    961 Highway 4 Dorrington, CA 95223
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    Dorrington, CA 95223
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    961 Highway 4 Dorrington, CA 95223
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    We can help!
    Listing Contact
    Barry Ward
    Barry Ward
    Real Estate License ID: 00555577
    (209) 470-4600
    Learn more
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