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

    1701 Bruce Dr Anderson, CA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $968,000

    Remodeled 11,710 SF commercial building suitable for various businesses.

    Type:RETAIL
    Property size:
    11,710 SF
    Lot size:
    0.52 Acres
    Added:
    Jul 23, 2025
    Days on Market:
    253
    Last Refresh:
    Mar 29 at 10:53 pm

    Property Features for 1701 Bruce Dr

    General Information

    Standard status
    Active
    Size
    11,710 SF
    Lot size
    0.52 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Ryan Haedrich
    Ryan Haedrich

    Listing agent Ryan Haedrich License #01747622

    Listing office Capital Rivers Commercial

    Listing date Jul 23, 2025

    Source Moodyscre

    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 Capital Rivers Commercial

    Overview

    Remodeled Commercial Building in Anderson

    The property is a remodeled commercial building with ±11,710 square feet of space, located in Anderson, CA. It is suitable for office, retail, warehouse-based, or light industrial businesses. The building benefits from a signalized intersection just off Highway 273, providing strong local connectivity. A solar power system with battery backup ensures a consistent energy supply.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Halcyon Solar Construction Production Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Shasta
    State
    California
    Longitude
    -122.296
    Latitude
    40.4444

    Nearby Similar for Sale

    • $379,000
      3,440 SF

      Downtown Anderson Commercial Opportunity

      Two adjoining storefronts in Anderson's Downtown Redevelopment Corridor.
      2992 East Street, Anderson, CA 96007
      View Details
    • $999,000
      2,200 SF

      Highway Frontage Mixed-Use Property

      4-acre commercial property with office, shop, and residential income.
      6738 State Highway 273, Anderson, CA 96007
      View Details
    • $570,000

      Turnkey Fourplex in Anderson, CA

      Four-unit property with fenced yards, covered parking, and in-unit laundry.
      2616 W Hillside Drive, Anderson, CA 96007
      View Details
    • $429,900

      Remodeled Fourplex in Anderson, CA

      Fully occupied, remodeled fourplex near amenities in Anderson, CA.
      3200 Franklin Street, Anderson, CA 96007
      View Details
    • $945,000
      11,132 SF

      Corner Location Retail/Warehouse Opportunity

      11,132 SF building suitable for retail, warehouse, and more.
      2500 Balls Ferry Rd, Anderson, CA 96007
      View Details
    • $570,000
      3,000 SF

      Anderson Office and Industrial Units

      Office and industrial units with excellent accessibility in Anderson, CA.
      6172 Meister Way, Anderson, CA
      View Details
    • $1,695,000
      13,350 SF

      Anderson Industrial Facility with Cleanroom

      13,350 SF industrial facility with clean room in Anderson.
      6100 Bellevue Ln, Anderson, CA 96007
      View Details
    • $3,010,000
      17,639 SF

      Veterinary Clinic Investment Opportunity

      Corporate-guaranteed NNN lease with annual rent increases.
      2006 S Barney Rd, Anderson, CA 96007
      View Details
    • $199,000
      1,728 SF

      Anderson Office Building with Expansion

      Office building with expansion potential in prime Anderson location.
      2161 Ferry St, Anderson, CA
      View Details
    • $199,000
      1,728 SF

      Anderson Office Building with Expansion

      Office building with expansion potential near I-5 in Anderson.
      2161 Ferry St, Anderson, CA 96007
      View Details

    FAQs

    What type of property is this?
    Office building - Remodeled 11,710 SF commercial building suitable for various businesses.
    Where is this office building located?
    The property is located at 1701 Bruce Dr Anderson, CA.
    What is the asking price?
    The asking price for this property is $968,000.
    What are key features of this property?
    This property features: ±11,710 SF remodeled commercial building.; Suitable for office, retail, warehouse‑based, or light industrial businesses.; **Signalized intersection just off Highway 273 with strong local connectivity.**
    (530) 917-4981
    We can help!
    Listing Contact
    Ryan Haedrich
    Ryan Haedrich
    Real Estate License ID: 01747622
    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!