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Convenience Store with Residence

13719 Hill Boulevard, Shasta Lake, CA 96019

For Sale
New
$799,000

The sale combines a neighborhood store, its operating business, and a mobile home behind the store.

Property Size3,128 SF
Price / SF$255.43
Days on Market5

Property Features for 13719 Hill Boulevard

General Information

Standard status Active
Size 3,128 SF
Property subtype Commercial
Zoning Commercial Retail

Additional Details

Business Included Yes

Building Details

Building Size 3,128 SF
Year Built 1945
Units 1
Listing Agency: Ares Realty
Listed By: Tony Singh
Source: Bellavierealestate
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 3:36PM

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 Ares Realty

Rey
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Investment Insights

Based on property information with market context.

This 3,128-square-foot convenience store property includes the building and the operating business. A mobile home is situated behind the store, and the property was built in 1945. The zoning is Commercial Retail.

At 13719 Hill Boulevard in Shasta Lake, the store is described as the last retail stop before Shasta Dam. The sale also includes APN 006-470-026-000.

Key Highlights

  • 3,128‑square‑foot convenience store property
  • Sale includes the store building and operating business
  • Mobile home located behind the store

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,748
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,960 $975.0K
Cap Rate 7%
$696,400 $696.4K
Cap Rate 9%
$541,644 $541.6K
Market Conditions
NOI Build-Up for 3,128 SF
Gross rent
$67.6K $21.60/SF
− Vacancy
−$2.6K −$0.82/SF
EGI
$65.0K $20.78/SF
− OpEx
−$16.2K −$5.19/SF
NOI
$48.7K $15.58/SF
Area
Shasta County, CA
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,960
Cap Rate 7%
$696,400
Cap Rate 9%
$541,644

Alternative Uses

Best Use
Specialty Retail
$696.4K
$609.4K – $812.5K (±1% cap)
NOI $48,748 @ 7.0% cap · market cap 6.10%
Second Best
Retail
$586.3K
$513.0K – $684.1K (±1% cap)
NOI $41,043 @ 7.0% cap · market cap 5.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive-In-Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Carpet & Flooring Store Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby
Well-served
Demand for This Use

Demographics for 96019, CA

10,491
Population
4,277
Households
2.5
Avg Household Size
42
Median Age
14%
College-Educated
91%
High-School Grad
19.3 sq mi
ZIP Area
544
Density / Sq Mi
$60,972
Median Household Income
$35,683
Median Earnings
$1,264
Median Rent
$271,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The sale combines a neighborhood store, its operating business, and a mobile home behind the store.
Where is this grocery and convenience store located?
The property is located at 13719 Hill Boulevard Shasta Lake, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3,128‑square‑foot convenience store property; Sale includes the store building and operating business; Mobile home located behind the store
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