Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building Unit Opportunity Title is generated by Realmo AI

    1547 Starr Dr, Yuba City, CA 95993

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Own a commercial condominium unit in a busy park.

    Type:Retail
    Property size:
    8,020 SF
    Added:
    Mar 26, 2024
    Days on Market:
    798
    Last Refresh:
    May 12 at 10:26 pm

    Property Features for 1547 Starr Dr

    General Information

    Standard status
    Active
    Size
    8,020 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Jeff Helm

    Listing agent Jeff Helm License #CA 01428618

    Listing office Helm Properties

    Listing date Mar 26, 2024

    Source Crexi

    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 Helm Properties

    HighLights

    • Fee simple ownership of commercial condominium unit.
    • Unit can be customized to fit your business needs.
    • Unit can be rented out for income potential.
    • Unit can be refinanced.
    • Unit can be sold anytime.
    • Located in a busy office and retail park.

    Overview

    This is an opportunity to own part of a commercial building located in a busy office and retail park. The property consists of commercial condominium units, each with its own parcel number. Buyers own their units in fee simple, allowing them to customize, refinance, rent out, or sell their units at any time. The property size is 8020 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    United States Postal ... Logistics Service Five Star Realty Real Estate Agency Gary’s Pool Service Renovation Specialist Sutter Buttes Regional ... Charitable Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Yuba City
    County
    Sutter
    State
    California
    Longitude
    -121.642279
    Latitude
    39.14396

    Nearby Similar for Sale

    • $299,000

      Yuba City Multi-Tenant Retail

      Four-unit commercial property with upside potential in Yuba City.
      217 Percy Ave, Yuba City, CA 95991
      View Details
    • $700,000
      1,485 SF

      Prime Yuba City Commercial Space

      Excellent visibility and access in Yuba City.
      1408 Live Oak Blvd, Yuba City, CA
      View Details
    • $679,000

      Yuba City Bar and Grill

      Established bar and grill in Yuba City, California.
      611 Plumas, Yuba City, CA 95991
      View Details
    • $375,000
      1,760 SF

      Well-Appointed Office Building For Sale

      Office building with six private offices, kitchen, and ADA bathroom.
      642 Bridge St, Yuba City, CA 95991
      View Details
    • $6,550,000
      25,000 SF

      STNL Walgreens in Yuba City

      Walgreens with drive-thru on a NNN lease.
      855 Colusa Avenue, Yuba City, CA 95991
      View Details
    • $499,000
      3,429 SF

      Yuba City Church Property

      Well-located church property suitable for religious or community use.
      998 B Street, Yuba City, CA 95991
      View Details
    • $525,000

      Office Building with Parking Lot

      Office building with parking and potential growth opportunity.
      779 Shasta St, Yuba City, CA 95991
      View Details
    • $485,000
      1,600 SF

      Commercial Office Building For Sale

      Commercial office building suitable for medical or general office use.
      450 Queens Ave, Yuba City, CA 95991-2965
      View Details
    • $12,888,000
      30,579 SF

      Fully Leased Multi Tenant Building

      Fully leased multi-tenant retail building available for sale.
      865 Colusa Ave, Yuba City, CA
      View Details
    • $2,750,000

      Tierra Buena Mobile Home Park

      Professionally managed mobile home park in Yuba City, California.
      2864 Jefferson Ave, Yuba City, CA 95993
      View Details
    • $2,000,000
      8,600 SF

      Prime Retail Location on Highway

      High-visibility retail/office space on a busy thoroughfare.
      603 Colusa Ave, Yuba City, CA 95991
      View Details
    • Contact for pricing

      Productive Farm with Historic Farmhouse

      149.31-acre agricultural estate with almond orchard, rice fields, farmhouse.
      5633 Butte House Rd, Yuba City, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - Own a commercial condominium unit in a busy park.
    Where is this retail space located?
    The property is located at 1547 Starr Dr Yuba City, CA.
    What are key features of this property?
    This property features: Fee simple ownership of commercial condominium unit.; Unit can be customized to fit your business needs.; Unit can be rented out for income potential.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Helm
    Real Estate License ID: CA 01428618
    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

    Thank You for Inquiry
    1547 Starr Dr, Yuba City, CA 95993
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!