Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2005 Nicolaus Rd Lincoln, CA 95648
    Back to Search
    Property profile & analytics

    2005 Nicolaus Rd, Lincoln, CA 95648

    View on Map
    • Commercial real estate
    • 5.00 lot acres
    Off-Market
    Property ID
    US09-9431318
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2005 Nicolaus Rd

    Lot size
    5.00 lot acres
    Property type
    Commercial real estate
    APN
    021-310-018 : 021-310-019

    Description

    This exceptional 5-acre commercial land parcel, located at 2005 & 2035 Nicolaus Road in Lincoln, California (zip code 95648), presents a unique investment opportunity. The property, identified by APN numbers 021-310-018 and 021-310-019, is priced at $2,100,000, translating to a land value of $100,000 per square foot. Currently configured as 21 tentative mapped lots, ranging in size from 6,700 to 15,000 square feet, this site offers significant potential for development. The possibility exists to combine this parcel with 55 adjacent lots, creating a total of 76 large lots, significantly increasing the overall development potential. The property benefits from readily available utilities, including gas, electricity, city water, and sewer connections. Lincoln's strong demographics further enhance this opportunity, boasting a 2019 US Census population of 48,275, a median household income of $88,734, and a median property value of $447,600. The ample lot sizes also allow for the potential inclusion of Accessory Dwelling Units (ADUs), adding to the overall value and appeal of the development. This prime Placer County location offers exceptional potential for a variety of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Placer
    State
    California
    Longitude
    -121.3151793
    Latitude
    38.8961236

    Comparable in this City

    • Contact for pricing

      Vacant Downtown Lincoln City Lot

      Prime commercial lot in the heart of Historic Downtown Lincoln.
      394 Lincoln Blvd, Lincoln, CA 95648
      View Details
    • $464,900

      Corner Lot on Lincoln Boulevard

      Commercial land for sale at Lincoln Boulevard and Highway 193.
      394 Lincoln Blvd, Lincoln, CA 95648
      View Details
    • Contact for pricing

      9.9 Acre Fenced Lincoln Property

      9.9 acre fenced Lincoln property with pond and NID water.
      7425 Orange Ave, Lincoln, CA 95648
      View Details
    • $375,000

      19.7 Acre Lincoln Parcel

      19.7-acre parcel suitable for estate, vineyard, or retreat.
      6730 Garden Bar Rd, Lincoln, CA 95648
      View Details
    • Contact for pricing

      Vacant Downtown City Lots

      Vacant city lots in the heart of Historic Downtown Lincoln.
      530 5Th St, Lincoln, CA 95648
      View Details
    • Contact for pricing

      Prime Infill Development Land Parcels

      Two parcels for medical or services near senior living.
      3rd St & P St, Lincoln, CA 95648
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Downtown Lincoln City Lot

      Prime commercial lot in the heart of Historic Downtown Lincoln.
      394 Lincoln Blvd, Lincoln, CA 95648
      View Details
    • $464,900

      Corner Lot on Lincoln Boulevard

      Commercial land for sale at Lincoln Boulevard and Highway 193.
      394 Lincoln Blvd, Lincoln, CA 95648
      View Details
    • Contact for pricing

      9.9 Acre Fenced Lincoln Property

      9.9 acre fenced Lincoln property with pond and NID water.
      7425 Orange Ave, Lincoln, CA 95648
      View Details
    • $375,000

      19.7 Acre Lincoln Parcel

      19.7-acre parcel suitable for estate, vineyard, or retreat.
      6730 Garden Bar Rd, Lincoln, CA 95648
      View Details
    • Contact for pricing

      Vacant Downtown City Lots

      Vacant city lots in the heart of Historic Downtown Lincoln.
      530 5Th St, Lincoln, CA 95648
      View Details
    • Contact for pricing

      Prime Infill Development Land Parcels

      Two parcels for medical or services near senior living.
      3rd St & P St, Lincoln, CA 95648
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land Near Thunder Valley Casino

      Land with drive-through potential near a large shopping center.
      741 East Joiner Pkwy, Lincoln, CA 95648
      View Details
    • Contact for pricing
      1 SF

      Highway 65 Land For Lease

      Land available for lease on Highway 65 in Lincoln, CA.
      237 Lincoln Blvd, Lincoln, CA 95648
      View Details
    • Contact for pricing

      Highway 65 Land Parcel

      Land parcel on Highway 65 available for sale or lease.
      237 Lincoln Blvd, Lincoln, CA 95648
      View Details
    • Contact for pricing
      77,778 SF

      HVAC Warehouse Space Available

      77,778 sqft warehouse with full HVAC system for rent.
      1601 Aviation Blvd, Lincoln, CA 95648
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in Lincoln, California.
      Nes Hwy 65 & Nelson Ln, Lincoln, CA 95648
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Lincoln Center

      Retail space available in grocery-anchored Lincoln Hills Town Center.
      355 State Highway 65, Lincoln, CA 95648
      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.
    2005 Nicolaus Rd
    Lincoln, CA 95648
    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
    2005 Nicolaus Rd, Lincoln, CA, 95648
    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!