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    Property profile & analytics

    405 Grass Vly Hwy Auburn, CA 95603-3713

    • Retail space
    • 23,240 SF
    • 2.40 lot acres
    OFF-MARKET
    Last Sale
    Nov 18, 2022
    $6,000,000
    Value Estimations
    $5,470,000
    Show details
    Cap Rate Potential
    8.3%
    Retail space
    Location Intelligence
    Property ID
    US09-9115507
    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

    • Dutch Bros Coffee / Coffee Shop / Cafe

    Property Details for 405 Grass Vly Hwy

    Year built
    1963
    Construction
    WOOD
    Lot size
    2.40 lot acres
    Property size
    23,240 SF
    Property type
    Retail space
    APN
    001-041-028-000
    APU
    1041028000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,435,000
      ML approach
      $4,210,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,005,000
      6.5%
      $5,545,000
      7%
      $5,150,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,839,000
      Market price range: $2.68M - $5.84M

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Placer
    State
    California
    Longitude
    -121.077
    Latitude
    38.9049
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN 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
    $94,002
    $1,428,000
    $4,692,000
    $6,120,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $210,000
      6,120 SF

      2501 Bell Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,120 SF
      2501 Bell Rd, Auburn, CA 95603-2533
      View Details
    • Value Estimation
      $255,000
      6,808 SF

      2580 Bell Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,808 SF
      2580 Bell Rd, Auburn, CA 95603-2502
      View Details
    • Value Estimation
      $500,000
      24,587 SF

      414 Grass Vly Hwy

      RETAIL STORES (PERSONAL SERVICES) • 24,587 SF
      414 Grass Vly Hwy, Auburn, CA 95603-3714
      View Details
    • Value Estimation
      $355,000
      11,743 SF

      1177 Grass Vly Hwy

      RETAIL STORES (PERSONAL SERVICES) • 11,743 SF
      1177 Grass Vly Hwy, Auburn, CA 95603
      View Details
    • Value Estimation
      $460,000
      8,856 SF

      770 Lincoln Way

      RETAIL STORES (PERSONAL SERVICES) • 8,856 SF
      770 Lincoln Way, Auburn, CA 95603-4805
      View Details
    • Value Estimation
      $150,000
      2,500 SF

      380 Nevada St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      380 Nevada St, Auburn, CA 95603-3704
      View Details

    Similar Nearby for Sale

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      11,685 SF

      Auburn Retail Investment Opportunity

      Three-Tenant Retail Building, High Visibility
      906 Lincoln Way, Auburn, CA 95603
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    • $3,418,803
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      7-Eleven NNN Lease Opportunity

      NNN leased 7-Eleven with fuel, corporate guaranty, and freeway access.
      401 Grass Valley Hwy, Auburn, CA 95603
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    • $1,295,000
      3,148 SF

      Auburn Retail Space: Prime Location

      Historic Auburn retail building, 3,148 sq ft.
      216 Washington St, Auburn, CA 95603
      View Details
    • Contact for pricing
      46,948 SF

      Retail Property in Auburn, CA

      Retail property available for sale in Auburn, California.
      2550 Bell Rd, Auburn, CA 95603
      View Details
    • $850,000
      3,642 SF

      Highway 49 Commercial Property

      Commercial property with auto sales and restaurant potential.
      4026 Grass Valley Hwy, Auburn, CA 95603
      View Details
    • Contact for pricing
      1.40 Acres

      Auburn Retail Development Land

      High-traffic Hwy 49 retail site. Two parcels, sale or lease.
      1980 Grass Valley Hwy, Auburn, CA 95603
      View Details

    Similar Nearby for Lease

    • $0.80 SF/Yr
      7,791 SF

      Auburn Retail/Office Space Available

      Office and retail suites available for lease in Auburn.
      212 Palm Ave, Auburn, CA 95603
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space with Highway Exposure

      Retail space in busy shopping center with highway access.
      342-370 Elm Ave, Auburn, CA 95603
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Old Town Auburn

      Retail spaces available in historic Old Town Auburn.
      130 Maple St, Auburn, CA 95603
      View Details
    • $9 SF/Yr
      39,182 SF

      Historic Auburn Retail Space

      Prime downtown Auburn retail, multiple spaces available.
      605 High St, Auburn, CA 95603
      View Details
    • Contact for pricing
      44,600 SF

      Available Retail Space in Auburn

      Large retail space with signage and loading dock.
      372 Elm Ave, Auburn, CA 95603
      View Details
    • $0.99 SF/Yr
      2,084 SF

      Downtown Auburn Retail and Office

      Retail and office suites in historic downtown Auburn location.
      1031-1039 High St, Auburn, CA 95603
      View Details

    Property Visit Statistics

    • Visits by month
      21.4k
    • Visitors by month
      11.1k
    • Avg Time on site
      14 min
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    405 Grass Vly Hwy
    Auburn, CA 95603-3713
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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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