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    41441 Tollhouse Rd Shaver Lake, CA 93664

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    41441 Tollhouse Rd Shaver Lake, CA 93664

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    • Specialty properties
    • 4,212 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • K&K Property Management / Vacation Home Rental Agency / Property Management Company
    • Shaver Lake Lodge Airbnb / Vacation Rental
    • Pinnacle Real Estate of Shaver Lake / Real Estate Agency
    • ATM / Atm
    • Linda Ferreira, Pinnacle Real Estate of Shaver / Real Estate Agency

    Property Details for 41441 Tollhouse Rd

    Year built
    2002
    Property size
    4,212 SF
    Property type
    Specialty properties

    Description

    Exceptional Shaver Lake Lodge presents a turnkey investment opportunity with a strong 7.34% cap rate (2023). This 4,212 square foot, two-story building, situated on a 19,602 square foot lot, boasts seven bedrooms and three bathrooms, comfortably accommodating 26 guests. Ideal for families, groups, or corporate retreats, the lodge offers abundant amenities including a game room with foosball, shuffleboard, ping pong, and multiple large TVs. A spacious deck with a fire table provides breathtaking Sierra views. On-site parking accommodates 20 vehicles, and the property is ADA accessible, featuring a ramp and a comprehensive fire suppression system. The HOA manages water services. Rental income is generated through Airbnb, VRBO, and direct bookings. Built in 2002 by a local general contractor, this property is a rare find in Shaver Lake, offering a unique blend of comfort, entertainment, and investment potential. The asking price is $1,645,000, with a net operating income (NOI) of $120,701. The property is vacant and available for a 1031 exchange. Short-term rental options are readily available. APN: 120-151-28.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shaver Lake
    County
    Fresno
    State
    California
    Longitude
    -119.318
    Latitude
    37.0989

    Comparable in this City

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      $1,155,000
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      43435 Dinkey Crk Rd

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    • Value Estimation by Request
      400 SF

      Shaver Lake, CA 93664

      RECREATIONAL, ENTERTAINMENT • 400 SF
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    • Value Estimation by Request
      0.14 Acres

      41786 Tollhouse Rd

      VACANT COMMERCIAL LAND • 0.14 Acres
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    • Value Estimation by Request
      3,980 SF

      41930 Buckeye Ln

      RETAIL STORES (PERSONAL SERVICES) • 3,980 SF
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    • Value Estimation by Request
      3,400 SF

      41579 Dinkey Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,400 SF
      41579 Dinkey Crk Rd, Shaver Lake, CA 93664-9642
      View Details
    • Value Estimation by Request
      3,124 SF

      41203 Tollhouse Rd

      RESTAURANT • 3,124 SF
      41203 Tollhouse Rd, Shaver Lake, CA 93664
      View Details

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    Shaver Lake, CA 93664
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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.

    More about this property
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