Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    400 St Tulelake, CA 96134
    Back to Search
    Property profile & analytics

    400 St, Tulelake, CA 96134

    View on Map
    • Retail properties & Spaces
    • 4,692 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 400 St

    Year built
    1990
    Property type
    Retail properties & Spaces
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional investment opportunity presents a well-established business in Tulelake, California. The property, known as Ross Market, encompasses a 4,692 square foot Class A building constructed in 1990 and zoned GC. The multi-tenant structure includes a thriving gas station and market, currently operating with five tenants. Two apartments are currently rented, generating additional income streams. Further enhancing the property's value is a leased storefront occupied by a gunsmith and a separate duplex, also generating rental income. Included in the sale are the existing inventory, a beer and wine liquor license, and equipment (some equipment is leased). The property's strategic location in Tulelake, near the Lava Beds National Monument and wildlife refuge, offers significant potential for continued growth and profitability. The asking price is $500,000, representing a price per square foot of $106.56. This turnkey operation presents a rare opportunity for an owner/user to acquire a profitable, established business with multiple income streams. The property is located at 400 East St, Tulelake, CA 96134.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tulelake
    County
    Siskiyou
    State
    California
    Longitude
    -121.477
    Latitude
    41.9537

    Comparable in this City

    • Value Estimation by Request
      0.57 Acres

      440 Ee St

      SERVICE STATION WITH FOOD MART
      440 Ee St, Tulelake, CA 96134-9504
      View Details
    • Value Estimation by Request
      0.38 Acres

      496 4th St

      AUTO REPAIR, GARAGE
      496 4th St, Tulelake, CA 96134
      View Details
    • Value Estimation by Request
      0.14 Acres

      400 Fresno St

      AUTO REPAIR, GARAGE
      400 Fresno St, Newell, CA 96134-9260
      View Details
    • Value Estimation by Request
      0.19 Acres

      431 4th St

      AUTO REPAIR, GARAGE
      431 4th St, Tulelake, CA 96134
      View Details
    • Value Estimation by Request
      0.07 Acres

      429 Main St

      RETAIL STORES (PERSONAL SERVICES)
      429 Main St, Tulelake, CA 96134
      View Details
    • Value Estimation by Request
      0.15 Acres

      611 Main St

      RETAIL STORES (PERSONAL SERVICES)
      611 Main St, Tulelake, CA 96134
      View Details

    Similar Nearby for Sale

    • $650,000
      6,084 SF

      Tulelake Commercial Property with Income

      Established convenience store, bar, restaurant, and trailer park for sale.
      17608 Stateline Rd, Tulelake, CA 96134
      View Details
    • $167,500
      7,758 SF

      Tulelake Commercial Property & Home

      Prime Tulelake location, home & commercial building
      522534 D St, Tulelake, CA 96134
      View Details
    • $115,000
      5.84 Acres

      5.84 Acres Agricultural Land Newell

      5.84 acres of agricultural land zoned AG in Newell, OR.
      County Road 113, Tulelake, CA 96134
      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.
    400 St
    Tulelake, CA 96134
    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
    400 St, Tulelake, CA, 96134
    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!