Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 Choctaw Trail Santa Margarita, CA 93453

    View on Map
    Pending
    Contact for pricing

    Land/Lot - Santa Margarita, CA

    Lot size:
    108,900.00 Acres
    Added:
    Apr 29, 2025
    Days on Market:
    338
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 0 Choctaw Trail

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RS
    Exterior features
    Community Features Included: Valley, Horse Trails, Rural, Hiking, Mountainous, Blm/National Forest, Foothills, Hunting
    Standard status
    Pending
    APN
    083191011
    Lot size
    108,900.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sean Hogoboom
    Sean Hogoboom

    Listing agent Sean Hogoboom License #01990969

    Listing office Keller Williams Realty Central Coast 350 James Way, Pismo Beach, CA

    Listing date Apr 29, 2025

    MLS# PI25093970 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flat, Usable Land in California

    Located in the upper West side of the California Valley, this 2.5-acre lot features flat, usable land. The parcel is situated just off Soda Lake and Belmont Trail roads, which connect many of the interconnecting roads throughout the valley. Active power lines are located nearby for utilities. The property is suitable for full-time residence or weekend recreational use, such as hiking and off-roading. The land also provides ample space for animals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Santa Margarita
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.021
    Latitude
    35.235

    Nearby Similar for Sale

    • $9,500

      Santa Margarita Land For Sale

      2.5-acre parcel in a remote, peaceful setting with stunning views.
      Burney Road, Santa Margarita, CA 93453
      View Details
    • $53,750

      Santa Margarita Vacant Land

      5.42 acres of vacant land with running creek.
      0000 Belmont Trail, Santa Margarita, CA 93454
      View Details
    • $58,000

      2.5 Acres with Well, Electricity

      2.5-acre lot with well and electricity near Santa Margarita, CA.
      0 Georgia Road, Santa Margarita, CA 93453
      View Details
    • $475,000

      Santa Margarita Land with Acreage

      220+/- acres of recreational land in Santa Margarita, California.
      0 Stage Coach Rd Road, Santa Margarita, CA 93453
      View Details
    • $949,000

      Santa Margarita Ranch Land Opportunity

      1.68-acre homesite in a custom home community.
      0 Lot 3 The Preserve, Santa Margarita, CA 93453
      View Details
    • $800,000

      Santa Margarita Ranch Land Opportunity

      Luxury homesite with views and privacy in a vibrant community.
      0 Lot 19 The Preserve, Santa Margarita, CA 93453
      View Details
    • $23,000

      Usable Land in California Valley

      2.5 acres of flat, usable land ready to build.
      1 Cole Trail, Santa Margarita, CA 93453
      View Details
    • $8,500

      2.5 Acre Residential Suburban Lot

      2.5 acre corner lot suitable for residential development.
      0 Clarksberg Road, Santa Margarita, CA 93453
      View Details
    • $12,500

      Santa Margarita Land on 7 Mile

      2.5 acre commercial land in Santa Margarita, California.
      0 7 Mile Rd, Santa Margarita, CA 93453
      View Details
    • $815,000

      Santa Margarita Ranch Land Opportunity

      Luxury homesite in a thoughtfully planned, historic ranch community.
      0 Lot 27 The Preserve, Santa Margarita, CA 93453
      View Details
    • $8,500

      California Valley Vacant Land Parcel

      2.4± acre vacant land parcel in California Valley.
      0 Bellflower Road, Santa Margarita, CA 93453
      View Details
    • $19,216

      Santa Margarita Land for Sale

      2.5 acre lot suitable for residential or agricultural use.
      0 Atolia Road, Santa Margarita, CA 93453
      View Details

    FAQs

    What type of property is this?
    Land - 2.5 acres of flat, usable land ready to build.
    Where is this land located?
    The property is located at 0 Choctaw Trail Santa Margarita, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 2. 5 acres of flat, usable land.; Located in the California Valley.; Close to active power lines for utilities.
    (805) 440-1757
    We can help!
    Listing Contact
    Sean Hogoboom
    Sean Hogoboom
    Real Estate License ID: 01990969
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!