Retail Studio with
New
For Sale
Contact for pricing
21619 N Vallejo Street, Burney, CA 96013
Commercial Sale, Burney, CA
Property Size208 SF
Price / SF$143.75
Days on Market2
Property Features for 21619 N Vallejo Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Subdivision
50 - Burney
Standard status
Active
APN
030-170-035-000
Size
208 SF
Listing Agency:
TREG INC - The Real Estate Group
(530) 222-5522
Listed By:
Doug Phelps · License #01241280
(530) 227-1691
Added: Sep 28
Last Checked: Sep 29 at 1:06AM
MLS# 26-5380
Copyright © 2026 Shasta Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 208-square-foot retail space has an open studio layout, a bathroom, and a kitchenette. Off-street parking is available, and the property occupies a corner lot just beyond Burney. Burney Falls is nearby.
Key Highlights
- 208‑square‑foot retail space
- Open studio layout with bathroom and kitchenette
- Corner lot just outside Burney
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$2,729
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$54,580
$54.6K
Cap Rate 7%
$38,986
$39.0K
Cap Rate 9%
$30,322
$30.3K
Market Conditions
NOI Build-Up for 208 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$4.1K $19.92/SF
− Vacancy
−$244 −$1.18/SF
EGI
$3.9K $18.74/SF
− OpEx
−$1.2K −$5.62/SF
NOI
$2.7K $13.12/SF
Area
Shasta County, CA
Vacancy
5.90%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$54,580
Cap Rate 7%
$38,986
Cap Rate 9%
$30,322
Alternative Uses
Best Use
Retail
$39.0K
$34.1K – $45.5K
NOI $2,729 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$46.3K
$40.5K – $54.0K
NOI $3,242 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 96013, CA
4,020
Population
2,025
Households
2
Avg Household Size
46
Median Age
8%
College-Educated
90%
High-School Grad
153.4 sq mi
ZIP Area
26
Density / Sq Mi
$52,065
Median Household Income
$38,750
Median Earnings
$936
Median Rent
$227,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - An open-plan interior includes a private bathroom and kitchenette.
Where is this retail space located?
The property is located at 21619 N Vallejo Street Burney, CA.
What are key features of this property?
This property features: 208‑square‑foot retail space; Open studio layout with bathroom and kitchenette; Corner lot just outside Burney
