Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kelseyville Land Ready to Develop Title is generated by Realmo AI

    9717 Mt Hood Way, Kelseyville, CA 95451

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Riviera lot with utilities at street, ready for development.

    Type:Lot/Land
    Added:
    Aug 27, 2024
    Days on Market:
    644
    Last Refresh:
    Mar 13 at 11:11 am

    Property Features for 9717 Mt Hood Way

    General Information

    Standard status
    Active
    Property subtype
    Lot/Land

    We can help!

    Listing Contact
    Kathryn Evans
    Kathryn Evans

    Listing agent Kathryn Evans License #01516315

    Listing office Evans Realty

    Listing date Aug 27, 2024

    Source Compass

    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 Evans Realty

    HighLights

    • Riviera lot
    • Gentle upslope
    • Ready to develop
    • Utilities at street
    • Buyer to verify utilities
    • Lot

    Overview

    This Riviera lot features a gentle upslope and is ready for development. Utilities are available at the street. Buyers are advised to verify all information.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Kelseyville
    County
    Lake
    State
    California
    Longitude
    -122.7276233
    Latitude
    38.9497879

    Nearby Similar for Sale

    • $2,950,000

      Kelseyville Vineyard Opportunity

      136.56-acre vineyard with contracted revenue in place.
      4500 Clark Drive, Kelseyville, CA 95451
      View Details
    • $2,950,000

      Kelseyville Vineyard Opportunity

      136.56 acre vineyard with contracted revenue in place.
      4500 Clark, Kelseyville, CA 95451
      View Details
    • $294,000

      40-Acre Creekside Legacy Property

      Rare 40-acre property along Kelsey Creek, ideal for agriculture.
      9550 Kelsey Creek Drive, Kelseyville, CA 95451
      View Details
    • $249,000

      Kelseyville Corner Commercial Lot

      Prime 0.76-acre commercial corner lot with high visibility.
      9700 State Highway 281, Kelseyville, CA 95451
      View Details
    • $395,000
      960 SF

      Turn-Key Restaurant in Kelseyville, CA

      Fully-equipped restaurant with indoor and outdoor dining in a vibrant neighborhood.
      9703 State Highway 281, Kelseyville, CA 95451
      View Details
    • $198,000

      Kelseyville Land with Natural Beauty

      Private 15+ acre parcel with rolling hills and mature trees.
      9615 Adobe Creek, Kelseyville, CA 95451
      View Details
    • $129,000

      Kelseyville Land with Panoramic Views

      Expansive rural property with infrastructure and stunning views.
      9237 Diamond Dust, Kelseyville, CA 95451
      View Details
    • $139,000
      994 SF

      Restaurant, Bar and Music Venue

      Restaurant, bar, and music venue in Soda Bay.
      6445 Soda Bay Road, Kelseyville, CA 95451
      View Details
    • $275,000

      Kelseyville Acreage with Well & Septic

      4.82 acres near downtown Kelseyville with well and septic.
      6495 Jacobson Rd, Kelseyville, CA 95451
      View Details
    • $525,000
      2,412 SF

      Kelseyville Riviera Duplex with Expansion Potential

      Charming duplex near schools, shopping, and dining with expansion potential.
      10401 Point Lakeview Road, Kelseyville, CA 95451
      View Details
    • $1,700,000

      Established Cabernet Sauvignon Vineyard

      Turn-key vineyard in Big Valley AVA with high-margin returns.
      1650 Bell Hill, Kelseyville, CA 95451
      View Details
    • $49,500

      Kelseyville Land with Panoramic Views

      3+ acre parcel with lake and mountain views.
      7205 Grande Vista Drive, Kelseyville, CA 95451
      View Details

    FAQs

    What type of property is this?
    Land - Riviera lot with utilities at street, ready for development.
    Where is this land located?
    The property is located at 9717 Mt Hood Way Kelseyville, 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: Riviera lot; Gentle upslope; Ready to develop
    (707) 272-9163
    We can help!
    Listing Contact
    Kathryn Evans
    Kathryn Evans
    Real Estate License ID: 01516315
    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
    9717 Mt Hood Way, Kelseyville, CA 95451
    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!