Listing Agency: Sierra Homes Realty Show Phone

Listed By: Jeffrey D. Wood Show Phone

Source: Exprealty

Added: May 19 Changed: Aug 8 Last Checked: Jul 19 at 3:29AM

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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 Sierra Homes Realty

Investment Insights

Based on property information with market context.

Offered for sale, this private parcel is tucked behind a gated entrance in the Sierra foothills of Gold Run. The property is already set up with power and septic, and includes a strong-producing 6.89 gallon-per-minute well. A 40x40 metal shop on-site adds flexible workspace, featuring roll-up doors, a new electrical panel, and an RV charging plug.

The location is described as secluded, surrounded by towering trees, with mountain biking and hiking trails available right on the property. While the setting emphasizes privacy and an outdoor lifestyle, the remarks also note convenient access to Colfax, Auburn, and Truckee for shopping, dining, and recreation.

The site is positioned for buyers looking to build a custom mountain home or cabin retreat while maintaining practical on-property storage and utility support through the existing shop and utilities.

Key Highlights

• Private parcel behind a gated entrance in the Gold Run foothills
• Power and septic are already installed for immediate build readiness
• Strong‑producing 6.89 GPM well is installed on the property

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

$19,704

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

6.06%

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%

$394,080 $394.1K

Cap Rate 7%

$281,486 $281.5K

Cap Rate 9%

$218,933 $218.9K

Market Conditions

NOI Build-Up for 1,600 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

$29.6K $18.48/SF

− Vacancy

−$1.4K −$0.89/SF

EGI

$28.1K $17.59/SF

− OpEx

−$8.4K −$5.28/SF

NOI

$19.7K $12.32/SF

Area

Placer County, CA

Vacancy

4.80%

Lease Rate

$18.48 /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%

$394,080

Cap Rate 7%

$281,486

Cap Rate 9%

$218,933

Alternative Uses

Best Use

Industrial

$281.5K

$246.3K – $328.4K (±1% cap)

NOI $19,704 @ 7.0% cap · market cap 6.06%

Second Best

Flex RnD

$134.1K

$117.3K – $156.4K (±1% cap)

NOI $9,385 @ 7.0% cap · market cap 2.89%

Theoretical Best

Office A

$619.4K

$542.0K – $722.7K (±1% cap)

NOI $43,359 @ 7.0% cap · market cap 13.34%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Bar & Pub

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

25

Businesses Nearby

Explore this area Business Placement

Demographics for 95717, CA

243

Population

83

Households

2.9

Avg Household Size

53

Median Age

25%

College-Educated

94%

High-School Grad

19.5 sq mi

ZIP Area

12

Density / Sq Mi

$45,667

Median Earnings

$1,125

Median Rent

$490,000

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Private, gated parcel with power, septic, a strong-producing well, and a 40x40 metal shop with roll-up doors.

Where is this residential land & home lot located?

The property is located at 30220 Magra Rd Gold Run, CA.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Private parcel behind a gated entrance in the Gold Run foothills; Power and septic are already installed for immediate build readiness; Strong‑producing 6.89 GPM well is installed on the property