Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Stoneridge Dr Truckee, CA 96161
    Back to Search
    Property profile & analytics

    Stoneridge Dr, Truckee, CA 96161

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Stoneridge Dr

    Property type
    Land

    Description

    This exceptional 39-lot residential land offering in Truckee, California, presents a unique investment opportunity. Priced at $3,900,000, this property boasts a prime location within walking distance of downtown Truckee. All roads and subdivision infrastructure are complete, with underground utilities already extended to each buildable lot, significantly streamlining the development process. A previous approval for a 72-unit development exists, providing a solid foundation for future expansion. Currently, 39 developable townhome lots remain, ready for construction. Six units have already undergone initial permit review with the Town of Truckee, aiming for a 2024 construction start. Title 24 updates are complete for the existing triplex plan. The APN is 019-970-005 thru -043. This high-demand location and the existing infrastructure make this a compelling opportunity for developers seeking a streamlined path to construction in a desirable Truckee neighborhood. Seller financing may be available. Bring your offer! The property is located at 10153-10318 Stone Ridge Road, Truckee, CA 96161, in Nevada County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Truckee
    County
    Nevada
    State
    California
    Longitude
    -120.181
    Latitude
    39.333

    Comparable in this City

    • Value Estimation by Request
      41.16 Acres

      000 Rue Hilltop

      Land
      000 Rue Hilltop, Truckee, CA 96161
      View Details
    • Value Estimation by Request
      31.55 Acres

      00000 Brockway Rd

      Land
      00000 Brockway Rd, Truckee, CA 96161
      View Details
    • Value Estimation by Request
      2.09 Acres

      15888 Donner Pass Rd

      MOBILE HOME PARK, TRAILER PARK
      15888 Donner Pass Rd, Truckee, CA 96161
      View Details
    • Value Estimation by Request

      19040 Riv St, Unit 116

      MOBILE HOME PARK, TRAILER PARK
      19040 Riv St, Truckee, CA 96161
      View Details
    • Value Estimation by Request
      60.26 Acres

      16021 Hobart Mls Rd

      CAMPGROUND, RV PARK
      16021 Hobart Mls Rd, Truckee, CA 96161-2687
      View Details
    • Value Estimation by Request
      61.91 Acres

      16021 Hobart Mls Rd

      CAMPGROUND, RV PARK
      16021 Hobart Mls Rd, Truckee, CA 96161-2687
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale in Truckee

      Land available in Truckee, California.
      2790 Cross Cut Ct, Truckee, CA 96161
      View Details
    • $30,000
      0.51 Acres

      Portola Land with Mountain Views

      Three buildable lots near Lake Davis and Feather River.
      146 Cougar Way, Portola, CA 96161
      View Details
    • $59,500

      Land For Sale

      Land available for sale.
      12605 E Sierra Dr, Truckee, CA 96161
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase.
      001 Martis Peak Rd, Truckee, CA 96161
      View Details
    • Contact for pricing

      Land For Sale Truckee

      Land available in Truckee, California.
      10583 Laburnham Cir, Truckee, CA 96161
      View Details
    • $955,000

      Land For Sale Truckee

      Land available for purchase in Truckee, California.
      11483 Chamonix Rd, Truckee, CA 96161
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Truckee, California.
      3001 Northstar Dr, Truckee, CA 96161
      View Details
    • Contact for pricing

      Neighborhood Shopping Center Near Tahoe

      81,449 SF shopping center anchored by Safeway.
      11290 Donner Pass Rd, Truckee, CA 96161
      View Details
    • Contact for pricing

      Commercial Space in Truckee, CA

      Commercial space available for rent in Truckee, California.
      11399 Deerfield Dr, Truckee, CA 96161
      View Details
    • Contact for pricing

      Neighborhood Shopping Center For Rent

      Neighborhood shopping center anchored by SaveMart and CVS.
      11411 Deerfield Dr, Truckee, CA 96161
      View Details
    • Contact for pricing

      Neighborhood Shopping Center in Truckee

      26,000 SF shopping center anchored by SaveMart and CVS.
      11411 Deerfield Dr, Truckee, CA 96161
      View Details
    • Contact for pricing
      6,490 SF

      Retail Space in Truckee Center

      Retail space available in a neighborhood shopping center.
      11391 Deerfield Dr, Truckee, CA 96161
      View Details
    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.
    Stoneridge Dr
    Truckee, CA 96161
    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
    Stoneridge Dr, Truckee, CA, 96161
    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!