Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    229 Clark Ave Yuba City, CA 95991

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr

    Yuba City retail space, multiple tenants.

    Lot size:
    38,000 SF

    Property Features for 229 Clark Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,000 SF
    Total Rate
    47500

    Spaces For Lease

    at 229 Clark Ave, Yuba City, CA 95991 Contact us
    Unit Suite L

    $15 /Mo

    Size
    382 SF
    Contact us
    Unit Suite F

    $15 /Mo

    Size
    1,000 SF
    Contact us

    We can help!

    Listing Contact
    Ravjeet Basi
    Ravjeet Basi

    Listing Agency: Ethan Conrad Properties Inc Listing Agent: Ravjeet Basi

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

    Learn more

    Property Insight Report

    Overview

    Hillcrest Plaza, located at 229 Clark Ave in Yuba City, CA 95991, presents a unique investment opportunity in a thriving retail environment. This 38,000 square foot retail center, originally a 16,000 square foot grocery store, has been thoughtfully redeveloped to include "mall" style space and a mezzanine level, offering versatile options for a variety of businesses. The property is situated in Sutter County and benefits from a prime location surrounded by a diverse mix of commercial properties, places of worship, a school, and residential areas, ensuring high visibility and foot traffic. The center is currently multi-tenant, with a total of 3,431 square feet of vacant space available. Individual spaces are divisible down to a minimum of 1,052 square feet, with a maximum contiguous space of 1,220 square feet. This flexible layout caters to a wide range of retail, restaurant, and service businesses. The property's strategic location and adaptable design make it an ideal choice for businesses seeking high-traffic exposure and a strong community presence in Yuba City. The property's existing infrastructure and recent renovations provide a solid foundation for immediate occupancy and long-term growth. This is a rare opportunity to acquire a well-positioned retail center in a rapidly developing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Jillian ... Insurance Agency Studio B Academy ... Theater & Performing Art Venue theburningwickcandleco Department Store Skincare by Maddy ... Medical Clinic Hillcrest Jewelers (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Yuba City
    County
    Sutter
    State
    California
    Longitude
    -121.6234575
    Latitude
    39.1233073

    Nearby Similar for Lease

    • $700,000
      1,485 SF

      Prime Yuba City Commercial Space

      Excellent visibility and access in Yuba City.
      1408 Live Oak Blvd, Yuba City, CA 95991
      View Details
    • Contact for pricing

      Yuba City QSR Opportunity

      Ground lease or build-to-suit opportunity in a strong retail corridor.
      590 Colusa Ave, Yuba City, CA 95991
      View Details
    • $2.00 SF/Yr
      5,979 SF

      Retail Space For Lease

      Retail space available for lease at a signalized intersection.
      1258-1290 Stabler Ln, Yuba City, CA 95993
      View Details
    • $1.30 SF/Yr
      1,288 SF

      Office Space on Live Oak

      Office space for rent near offices and medical facilities.
      1237 Live Oak Blvd, Yuba City, CA 95991
      View Details
    • $1.60 SF/Yr
      1,540 SF

      Spacious Corner Suite in Yuba

      Corner suite in Yuba City, ideal for fitness studio.
      950 Tharp Rd, Yuba City, CA 95993
      View Details
    • $1.25 SF/Yr
      1,870 SF

      Modern Commercial Space For Lease

      Modern, versatile commercial property with high visibility and customizable layouts.
      1506-1527 Starr Dr, Yuba City, CA 95993
      View Details
    • $2.00 SF/Yr
      1,200 SF

      Retail Spaces For Lease

      Retail spaces available at a signalized intersection in Yuba City.
      1262 Stabler Ln, Yuba City, CA 95993
      View Details
    • $1.25 SF/Yr
      1,168 SF

      Modern Commercial Space For Lease

      Modern, spacious commercial property with strategic location and customizable layouts.
      1547 Starr Dr, Yuba City, CA 95993
      View Details
    • Contact for pricing
      1,440 SF

      Redeveloped Retail Space on Highway

      Newly remodeled retail space in redeveloped Carriage Square.
      1206-1242 Bridge St, Yuba City, CA 95991
      View Details
    • $2.00 SF/Yr
      150,000 SF

      Retail Space For Lease

      Retail space available in shopping center with anchor tenants.
      1258 Stabler Ln, Yuba City, CA 95993
      View Details
    • Contact for pricing
      5,445 SF

      Retail Space in Yuba City

      Retail space available in Yuba Sutter Marketplace.
      905-1265 Colusa Ave, Yuba City, CA 95991
      View Details
    • Contact for pricing
      2,670 SF

      Freestanding Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru available for lease.
      800 Colusa Ave, Yuba City, CA 95991
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Yuba City retail space, multiple tenants.
    Where is this individual retail property located?
    The property is located at 229 Clark Ave Yuba City, CA.
    What is the lease rate?
    The lease rate is $15-$15 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location on Clark Road.; Dense residential area provides strong tenant base.; Property is in excellent condition.
    Request Owner's contact information
    229 Clark Ave Yuba City, CA 95991
    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.
    229 Clark Ave
    Yuba City, CA 95991
    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
    229 Clark Ave Yuba City, CA 95991
    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
    Ravjeet Basi
    Ravjeet Basi
    Real Estate License ID: 02087094
    Learn more
    Google sign-in failed. Please try again or use another login method.