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    Two-Building Flex and Workshop Property Title is generated by Realmo AI

    55 Delleker Drive, Portola, CA 96122

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    Claim this Listing
    New
    For Sale
    $700,000

    COMMERCIAL - Portola, CA

    Property size:
    3,240 SF
    Lot size:
    1.15 Acres
    Price / SF:
    $216/SF
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 55 Delleker Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-2
    Patio and Porch features
    Patio, Porch
    Exterior features
    Lighting, Porch
    Fencing
    Chain Link
    Standard status
    Active
    APN
    125-030-027
    Lot size
    1.15 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)

    Building Details

    Year built
    1997
    Floors in Building
    1
    Flooring type
    Laminate, Concrete
    Building materials
    Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Jeannette Sasser
    Jeannette Sasser

    Listing agent Jeannette Sasser License #00921075

    Listing office MOHAWK VALLEY ASSOC, B 330 BONTA STREET SUITE #4, Blairsden-Graeagle, CA

    Listing date Jun 1, 2026

    MLS# 2600545

    Copyright © 2026 Plumas 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.

    HighLights

    • Two commercial buildings with a shared asphalt entrance and parking; use one and lease the other for additional income potential
    • Building #65: 3,240 SF on 0.47 acres with metal roof and metal siding, two offices, welcoming area, storage areas, and workshop
    • Building #65 includes a 10‑ft roll‑up door workshop space and a fenced‑in area behind the building with two rolling gates
    • Building #55: 2,264 SF on 1.15 acres with covered porch and south‑side mountain views; all‑metal siding and roof for easier maintenance
    • Building #55 includes a 10‑ft roll‑up door and a Connex container that stays with the property
    • Parking lot was repaved in 2023; utilities include propane, with public sewer

    Overview

    This offering includes two separate commercial buildings with a shared asphalt entrance and parking. The parking lot was repaved in 2023. Building #65 is well maintained with metal roof and siding, featuring two offices on opposite sides with a welcoming area in the middle. The property also includes a fenced-in area behind the building with two rolling gates, two storage areas, a breakroom or additional work area, and a rear workshop with a 10 ft roll-up door.

    Building #65 is approximately 3,240 sf on about 0.47 acres, with two offices of approximately 216 sf each and a welcoming area of approximately 324 sf, plus storage areas of approximately 90 sf and a breakroom/additional work area of about 360 sf. The workshop space is approximately 650 sf. Building #55 is approximately 2,264 sf on about 1.15 acres and includes metal siding and roof. A covered porch on the south side provides mountain views. The front portion has an office of approximately 145 sf, a sitting area, and an area that could be used as a showroom, while the rear is dedicated workshop space with a 10 ft roll-up door and a Connex container that stays with the property.

    The combined configuration supports a business that needs both office and shop space, along with exterior yard storage for vehicles and machinery. The second building provides an option to run your operations in one facility while leasing the other for additional space needs, supported by the separate building structures and shared access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wolfcreek Woodstoves (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Kitchen & Bath Showroom Storage Facility Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portola
    County
    Plumas
    State
    California
    Longitude
    -120.499424
    Latitude
    39.808463

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    FAQs

    What type of property is this?
    Flex space - Two metal-roof and siding buildings with shared paved entrance and parking, plus fenced yard storage and roll-up workshop doors.
    Where is this flex space located?
    The property is located at 55 Delleker Drive Portola, CA.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Two commercial buildings with a shared asphalt entrance and parking; use one and lease the other for additional income potential; Building #65: 3,240 SF on 0.47 acres with metal roof and metal siding, two offices, welcoming area, storage areas, and workshop; Building #65 includes a 10‑ft roll‑up door workshop space and a fenced‑in area behind the building with two rolling gates
    (530) 249-3130
    We can help!
    Listing Contact
    Jeannette Sasser
    Jeannette Sasser
    Real Estate License ID: 00921075
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    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.

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