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    Property profile & analytics

    10001 Soaring Way Truckee, CA 96161-3392

    • Grocery and convenience stores
    • 9,294 SF
    • 5.52 lot acres
    OFF-MARKET
    Last Sale
    Feb 08, 2022
    Value Estimations
    $1,980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3416395
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Team O'Neal Tahoe / Real Estate Agency
    • Ricki Manahan, RE/MAX Gold / Real Estate Agency
    • Bulwicks Carpet Installations / General Contractor / Carpet & Flooring Store
    • Laurie Johnson Real Estate / Real Estate Agency
    • Coinstar / Bank / Credit Union

    Property Details for 10001 Soaring Way

    Year built
    2021
    Lot size
    5.52 lot acres
    Property size
    9,294 SF
    Property type
    Grocery and convenience stores
    APN
    019-620-065-000
    APU
    19620065000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,205,000
      Market price range: $728k - $2.21M
      AI Estimate
      $1,554,000
      Market price range: $329k - $1.55M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,375,000
      Current use
      RESTAURANT
      $2,550,000
      Change: +86% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,845,000
      Change: +34% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,775,000
      Change: +29% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Truckee
    County
    Nevada
    State
    California
    Longitude
    -120.155
    Latitude
    39.3197
    CBSA code
    46020
    CBSA name
    TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $274,967
    $4,176,467
    $15,720,043
    $19,896,510
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,405,000
      40,526 SF

      11290 Donner Pass Rd

      GROCERY, SUPERMARKET • 40,526 SF
      11290 Donner Pass Rd, Truckee, CA 96161-4808
      View Details
    • Value Estimation
      $1,925,000
      30,327 SF

      11399 Deerfield Dr

      GROCERY, SUPERMARKET • 30,327 SF
      11399 Deerfield Dr, Truckee, CA 96161-0505
      View Details
    • Value Estimation by Request
      1,874 SF

      11213 Donner Pass Rd Ste, Unit 200

      GROCERY, SUPERMARKET • 1,874 SF
      11213 Donner Pass Rd Ste, Truckee, CA 96161-4818
      View Details
    • Value Estimation
      $3,065,000
      18,667 SF

      11320 Donner Pass Rd

      GROCERY, SUPERMARKET • 18,667 SF
      11320 Donner Pass Rd, Truckee, CA 96161-4963
      View Details
    • Value Estimation
      $1,945,000
      9,800 SF

      11200 Donner Pass Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,800 SF
      11200 Donner Pass Rd, Truckee, CA 96161-4847
      View Details
    • Value Estimation
      $755,000
      10,625 SF

      11479 Donner Pass Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,625 SF
      11479 Donner Pass Rd, Truckee, CA 96161-4952
      View Details

    Similar Nearby for Sale

    • $1,148,000
      Pending

      Commercial Property in Truckee Hub

      High-visibility commercial property with growth potential in Truckee, California.
      12036 Donner Pass Rd, Truckee, CA 96161
      View Details
    • $1,295,000
      1,100 SF

      Downtown Truckee Commercial Opportunity

      Commercial property in the heart of downtown Truckee, California.
      10010 Church St, Truckee, CA 96161
      View Details
    • $650,000
      1.00 Acre

      Northstar, CA Residential Lot

      Residential lot in Northstar, California with mountain and valley views.
      2785 Cross Cut Ct, Truckee, CA 96161
      View Details
    • $650,000
      10.00 Acres

      40 Acres of Land in Truckee

      Four contiguous ten-acre parcels of land in Truckee, California.
      10718 Regency Cir, Truckee, CA 96161
      View Details
    • $320,000
      Pending

      Golf Course Adjacent Residential Lot

      Residential lot near golf course with potential for custom build.
      13854 Northwoods Blvd, Truckee, CA 96161
      View Details
    • $155,000
      0.17 Acres

      Truckee Residential Lot with Views

      Residential lot in Truckee, CA, with panoramic Donner Lake views.
      14580 Denton Ave, Truckee, CA 96161
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      660 SF

      Retail Space in Truckee Center

      Retail space available in a neighborhood shopping center.
      11391 Deerfield Dr, Truckee, CA 96161
      View Details
    • Contact for pricing
      26,553 SF

      Truckee Crossroads Retail Center

      Prime Truckee Retail Space Available
      0 I-80 & Hwy 89, Truckee, CA 96161
      View Details
    • Contact for pricing
      960 SF

      Retail Space in Truckee Center

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

      Donner Pass Rd. & Frates Ln

      Lifestyle centers • 81,449 SF
      0 Donner Pass Rd. & Frates Ln, Truckee, CA 96161
      View Details
    • Contact for pricing

      Retail Space Available For Lease

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

    Property Visit Statistics

    • Visits by month
      76.2k
    • Visitors by month
      47.6k
    • Avg Time on site
      25 min
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    Truckee, CA 96161-3392
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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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