Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11253 Brockway Rd Truckee, CA 96161-3359

    • Retail space
    • 12,948 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimations
    $2,110,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0487436
    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

    • Thai Delicacy / Restaurant
    • Select Physical Therapy - Truckee - Brockway / Medical Clinic / Orthopedic Surgeon
    • Jennifer L Kuhn / Physical Therapist
    • Jennifer Gariepy / Physical Therapist
    • Stealth Tahoe / Bicycle Shop

    Property Details for 11253 Brockway Rd

    Year built
    2007
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    12,948 SF
    Property type
    Retail space
    APN
    019-950-028-000
    APU
    19950028000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,983,000
      Market price range: $1.01M - $3.07M
      AI Estimate
      $1,435,000
      Market price range: $458k - $2.17M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,915,000
      Current use
      COMMERCIAL (GENERAL)
      $2,570,000
      Change: +34% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,470,000
      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
    -120.163
    Latitude
    39.3218
    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
    $48,439
    $937,158
    $2,400,913
    $3,338,071
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      26,553 SF

      I-80 & Hwy 89

      Restaurants • 26,553 SF
      0 I-80 & Hwy 89, Truckee, CA 96161
      View Details
    • Value Estimation by Request
      0.05 Acres

      11065 Donner Pass Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.05 Acres
      11065 Donner Pass Rd, Truckee, CA 96161-4839
      View Details
    • Value Estimation
      $1,445,000
      15,925 SF

      11391 Deerfield Dr

      RETAIL STORES (PERSONAL SERVICES) • 15,925 SF
      11391 Deerfield Dr, Truckee, CA 96161-0505
      View Details
    • Value Estimation
      $965,000
      5,274 SF

      10106 Donner Pass Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,274 SF
      10106 Donner Pass Rd, Truckee, CA 96161-0360
      View Details
    • Value Estimation
      $1,235,000
      6,370 SF

      11310 Donner Pass Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,370 SF
      11310 Donner Pass Rd, Truckee, CA 96161-4849
      View Details
    • Value Estimation
      $1,030,000
      4,919 SF

      10075 Riv St

      RETAIL STORES (PERSONAL SERVICES) • 4,919 SF
      10075 Riv St, Truckee, CA 96161-0538
      View Details

    Similar Nearby for Sale

    • New
      $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
    • $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
    • $1,180,000
      2,560 SF

      Truckee Commercial Space - Great Location

      2,560 sq ft Commercial Space, Prime Truckee Location
      12010 Donner Pass Rd Unit, Truckee, CA 96161
      View Details
    • $1,180,000
      2,560 SF

      Donner Pass Road Office Building

      Prime Truckee Office Condo, 2560 SF
      12010 Donner Pass Rd, Truckee, CA 96161
      View Details
    • $9,950,000
      41.16 Acres

      Hilltop Truckee Development Land

      Prime Truckee development land, mixed-use zoning.
      000 Rue Hilltop, Truckee, CA 96161
      View Details
    • Contact for pricing

      Truckee Commercial Space For Lease

      Prime Truckee location, ideal for various uses.
      11400 Donner Pass Rd Unit, Truckee, CA 96161
      View Details

    Similar Nearby for Lease

    • 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
      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
      1,200 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
    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.
    11253 Brockway Rd
    Truckee, CA 96161-3359
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.