Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Retail/Office Space Available Title is generated by Realmo AI

    6848 Skwy K, Paradise, CA 95969

    View on Map
    Claim this Listing
    For Lease
    $1,695 /Mo

    Excellent location in busy Paradise shopping center, Skyway frontage.

    Type:Commercial
    Added:
    Apr 10, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 10 at 8:29 am

    Property Features for 6848 Skwy K

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    Michael Donnelly
    Michael Donnelly

    Listing agent Michael Donnelly License #01350075

    Listing office Coldwell Banker C & C Properties

    Listing date Apr 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker C & C Properties

    HighLights

    • Prime retail/office location.
    • Located in a busy shopping center.
    • In the heart of Paradise on the Skyway.
    • One of the best leasing opportunities in Paradise.
    • Former Holiday Market Center location.
    • Year Built: 1964.

    Overview

    Located in the heart of Paradise, this retail/office space offers a leasing opportunity within a busy shopping center on the Skyway. Formerly the Holiday Market Center, the property benefits from its prime location. The area has a bike score of 49, indicating it is somewhat bikeable, and a walk score of 37, suggesting car dependence.
    Location Intelligence

    Current Use by Public Records

    Paradise Playdium Family Recreation Center C&C Photo Booth ... Photography Service Barber Johns on the Ridge Barber Shop Anytown Realty Travel ... Real Estate Agency Little Caesars Pizza Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Butte
    State
    California
    Longitude
    -121.6203874
    Latitude
    39.7623273

    Nearby Similar for Lease

    • $1,588/Mo
      1,444 SF

      Paradise Professional Office Space Available

      Professional office space in a park-like setting, perfect for medical.
      6585 Clark Road #120, Paradise, CA 95969
      View Details
    • $1,588/Mo
      1,444 SF

      Paradise Professional Office Space Available

      Professional office space in a park-like setting, perfect for medical use.
      6585 Clark Rd 120, Paradise, CA 95969
      View Details
    • $1,103/Mo
      1,003 SF

      Move-in Ready Paradise Office Space

      Professional office space in Paradise, ready for immediate occupancy.
      6585 Clark Road #420, Paradise, CA 95969
      View Details
    • $1,900/Mo
      1,728 SF

      Paradise Office Space For Rent

      Professional office space in a park-like setting, 1,728 sqft.
      6585 Clark Road #360, Paradise, CA 95969
      View Details
    • $2,148/Mo
      1,953 SF

      Commercial Unit with Drive-Up Window

      Commercial unit suitable for pharmacy, retail, office, or coffee shop.
      6585 Clark Road #100, Paradise, CA 95969
      View Details
    • $475/Mo

      RV Park Space in Paradise, CA

      RV parking spaces for rent in central Paradise, California.
      1280 Wagstaff Road, Paradise, CA 95969
      View Details
    • $350/Mo
      200 SF

      Updated Office Space in Paradise

      Private first-floor office space with ample parking and utilities included.
      6141 Center Street #B, Paradise, CA 95969
      View Details
    • $350/Mo
      200 SF

      Updated Office Space For Rent

      Private first-floor office space with ample parking in Paradise.
      6141 Center Street #F, Paradise, CA 95969
      View Details
    • Contact for pricing
      17,430 SF

      Paradise Retail Space For Rent

      Retail space available in a fast-growing California town.
      6007 Clark Road, Paradise, CA, 95969
      View Details
    • $0.85 SF/Yr
      32,457 SF

      Paradise Retail Center Space Available

      Retail spaces available in Paradise's dominant shopping center.
      6600-6606 Clark Rd, Paradise, CA
      View Details
    • Contact for pricing
      3,400 SF

      Professional Office Suite For Rent

      Versatile office space suitable for medical or professional uses.
      6161 Clark Road #8, Paradise, CA 95969
      View Details
    • $6,000/Mo
      9,200 SF

      Freestanding Retail Building in Paradise

      Retail building with open floor plan, offices, and storage.
      5990 Foster Road, Paradise, CA 95969
      View Details

    FAQs

    What type of property is this?
    Retail space - Excellent location in busy Paradise shopping center, Skyway frontage.
    Where is this retail space located?
    The property is located at 6848 Skwy K Paradise, CA.
    What is the lease rate?
    The lease rate is $1,695 /Mo.
    What are key features of this property?
    This property features: Prime retail/office location.; Located in a busy shopping center.; In the heart of Paradise on the Skyway.
    (530) 828-0011
    We can help!
    Listing Contact
    Michael Donnelly
    Michael Donnelly
    Real Estate License ID: 01350075
    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

    Thank You for Inquiry
    6848 Skwy K, Paradise, CA 95969
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!