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

    18223 Main St Jamestown, CA 95327

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $374,500

    Commercial property in historic Jamestown, ideal for various business ventures.

    Property Features for 18223 Main St

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Eleda Carlson
    Eleda Carlson
    Source: Corcoran

    Listing Agency: PINE MTN LAKE REALTY Listing Agent: Eleda Carlson

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

    Learn more

    Property Insight Report

    Overview

    Historic Jamestown Commercial Property

    This commercial property is located in downtown Jamestown and offers opportunities for various commercial uses under the C-1 zoning category. The property includes the original 1938 Shell Service Station building, with consideration given to retaining the historic architecture during renovation and modernization. The location is a well-known historic landmark. Jamestown was designated a California Historical Landmark on March 16, 1949, and founded in 1848 following the discovery of a 75-pound gold nugget. Tourism is a main economic driver for the area as visitors explore downtown shops while stopping to see nearby Railtown 1897, a State Historic Park, and the Sierra Steam Railway. Other nearby attractions include Columbia State Park and Yosemite National Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Tuolumne
    State
    California
    Longitude
    -120.422546
    Latitude
    37.954256

    Nearby Similar for Sale

    • $1,249,000
      92.88 Acres

      Jamestown Ranch with Lake Views

      92+ acre ranch featuring lake views and multiple access points.
      13300 Lone Bend Rd, Jamestown, CA 95327
      View Details
    • Contact for pricing
      5,000 SF

      Commercial Building in Jamestown, CA

      5,000 sq ft commercial building with multiple units.
      18267 4Th Ave, Jamestown, CA 95327
      View Details
    • $165,000
      1,355 SF

      Historic Jamestown Property with Redevelopment Potential

      Historic property in Jamestown with redevelopment potential for various businesses.
      18190 Main St, Jamestown, CA 95327
      View Details
    • $599,000
      6,156 SF

      Historic Jamestown Main Street Investment

      Two-story mixed-use property with upgrades and income potential.
      18228 Main St, Jamestown, CA 95327
      View Details
    • $690,000
      7,089 SF

      Jamestown Mixed-Use Investment

      High-traffic location, two-building complex.
      18389 Main St, Jamestown, CA 95327
      View Details
    • $690,000
      7,089 SF

      Jamestown Commercial Property - High Visibility

      High-traffic location, fully leased, redevelopment potential.
      18389 Main St, Jamestown, CA 95327
      View Details

    FAQs

    What type of property is this?
    Gas station - Commercial property in historic Jamestown, ideal for various business ventures.
    Where is this gas station located?
    The property is located at 18223 Main St Jamestown, CA.
    What is the asking price?
    The asking price for this property is $374,500.
    What are key features of this property?
    This property features: - Prime downtown Jamestown location, perfect for various commercial ventures under C-1 zoning.; - Designated California Historical Landmark, own a piece of history.; - Original 1938 Shell Service Station building with renovation potential.
    (209) 814-4123
    Request Owner's contact information
    18223 Main St Jamestown, CA 95327
    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.
    18223 Main St
    Jamestown, CA 95327
    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
    18223 Main St Jamestown, CA 95327
    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

    We can help!
    Listing Contact
    Eleda Carlson
    Eleda Carlson
    Real Estate License ID: 00632516
    (209) 814-4123 (888) 962-4080 (209) 962-7156
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!