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

    18360 Spruce Rd Ext Middletown, CA 95467

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    19 commercial lots for sale near Grocery Outlet.

    Type:LAND
    Lot size:
    1.01 Acres
    Added:
    Nov 19, 2025
    Days on Market:
    133
    Last Refresh:
    Mar 29 at 11:09 pm

    Property Features for 18360 Spruce Rd Ext

    General Information

    Standard status
    Active
    Lot size
    1.01 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Ryan Orn
    Ryan Orn

    Listing agent Ryan Orn License ##02070096

    Listing office Capital Rivers Commercial

    Listing date Nov 19, 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

    Commercial Lots in Hidden Valley

    19 commercial lots situated on five parcels are available for purchase in Hidden Valley Lake, California. The location is anchored by a Grocery Outlet, which provides a strong regional draw. The property is adjacent to approximately 380 single-family homes within the Valley Oaks Residential Development. Convenient regional access is facilitated by nearby Highways 29 and 175.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Lake
    State
    California
    Longitude
    -122.568
    Latitude
    38.7952

    Nearby Similar for Sale

    • $1,200,000

      Guenoc Valley Agricultural Land

      108+ acre agricultural land with well, tanks, and irrigation.
      19755 Grange, Middletown, CA 95461
      View Details
    • $649,000
      2,490 SF

      Creekside Home with Income Potential

      Acre-plus property with main home and three cabins.
      24019 Hilderbrand Drive, Middletown, CA 95461
      View Details
    • $875,000
      13,000 SF

      Middletown Commercial Property on Main

      Prime commercial real estate with boundless potential on main street.
      21130 Calistoga Road, Middletown, CA 95461
      View Details
    • $779,000

      Expansive Land with Scenic Views

      160-acre property with ranch home, workshops, and family cabin.
      19665 Oat Hill Road, Middletown, CA 95461
      View Details
    • $130,000

      Middletown Land Development Opportunity

      R3 zoned land in downtown Middletown with water meter.
      21265 Bush Street, Middletown, CA 95461
      View Details
    • $300,000

      Middletown Acreage with Building Sites

      40-acre parcel near Middletown with utilities and building sites.
      19576 State Highway 175, Middletown, CA 95461
      View Details
    • $450,000

      Highway Frontage Commercial Land Opportunity

      Commercial land for sale with highway frontage and C1 zoning.
      20900 S State Highway 29, Middletown, CA 95461
      View Details
    • $1,290,000

      Multifamily

      15801 Wardlaw St, Middletown, CA 95461
      View Details
    • Contact for pricing

      Commercial Lots in Hidden Valley

      19 commercial lots for sale near Grocery Outlet.
      18320 Spruce Rd Ext, Middletown, CA
      View Details
    • $75,000

      Middletown Land Development Opportunity

      R3 zoned land in downtown Middletown with water meter.
      21255 Bush Street, Middletown, CA 95461
      View Details
    • $30,000

      Anderson Springs Land Opportunity

      Land in Anderson Springs community with paid water connection.
      11541 Anderson Springs Road, Middletown, CA 95461
      View Details
    • Contact for pricing

      Commercial Lots in Hidden Valley

      Nineteen commercial lots for sale near Grocery Outlet.
      18426 CA-29, Middletown, CA
      View Details

    FAQs

    What type of property is this?
    Land - 19 commercial lots for sale near Grocery Outlet.
    Where is this land located?
    The property is located at 18360 Spruce Rd Ext Middletown, CA.
    What are key features of this property?
    This property features: Anchored by Grocery Outlet with strong regional draw; 19 commercial lots on five parcels; Adjacent to ±380 single‑family homes in the Valley Oaks Residential Development
    (510) 495-5975
    We can help!
    Listing Contact
    Ryan Orn
    Ryan Orn
    Real Estate License ID: #02070096
    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!