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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    59704 State Hwy 70 Cromberg, CA 96103-9996

    • Mobile home & RV parks
    • 570 SF
    • 9.01 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3614301
    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

    • Mobile home & RV parks

    Property Details for 59704 State Hwy 70

    Lot size
    9.01 lot acres
    Property size
    570 SF
    Zone code
    REC-1
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    122-140-039-000
    APU
    122140039000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Cromberg
    County
    Plumas
    State
    California
    Longitude
    -120.692
    Latitude
    39.86

    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
    $5,428
    $139,266
    $336,207
    $475,473
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $285,000
      169 SF

      102 Little Bear Rd

      CAMPGROUND, RV PARK • 169 SF
      102 Little Bear Rd, Blairsden Graeagle, CA 96103
      View Details
    • Value Estimation
      $455,000
      5.19 Acres

      58321 Gill Rnch Rd

      CAMPGROUND, RV PARK • 5.19 Acres
      58321 Gill Rnch Rd, Cromberg, CA 96103
      View Details
    • Value Estimation
      $325,000
      16.22 Acres

      1519 Graeagle Johnsville Rd

      MOBILE HOME PARK, TRAILER PARK • 16.22 Acres
      1519 Graeagle Johnsville Rd, Graeagle, CA 96103-1119
      View Details
    • Value Estimation
      $510,000
      8.87 Acres

      1291 Graeagle Johnsville Rd

      MOBILE HOME PARK, TRAILER PARK • 8.87 Acres
      1291 Graeagle Johnsville Rd, Graeagle, CA 96103-1119
      View Details
    • Value Estimation
      $295,000
      1,193 SF

      58585 State Hwy 70

      BED & BREAKFAST • 1,193 SF
      58585 State Hwy 70, Cromberg, CA 96103
      View Details
    • Value Estimation
      $260,000
      0.26 Acres

      37 Bonta St

      COMMERCIAL (GENERAL) • 0.26 Acres
      37 Bonta St, Blairsden, CA 96103
      View Details

    Similar Nearby for Sale

    • $385,000
      1,770 SF

      Charming Home Beside Serene Pond

      Move-in ready home near golf resort and outdoor recreation.
      60 W Ponderosa Dr, Blairsden, CA 96103
      View Details
    • $329,000
      66.00 Acres

      66 Acres of Creek Frontage

      Four parcels totaling 66 acres with creek and river frontage.
      9342 Hwy 89, Blairsden-Graeagle, CA 96103
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    • $66,600
      0.37 Acres

      Graeagle Mountain Community Building Lot

      0.37-acre lot in Graeagle, CA, ideal for a custom home.
      61 Paiute Trl, Graeagle, CA 96103
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    • $600,000
      80.00 Acres

      Expansive Off-Grid Retreat in Johnsville

      80-acre property with meadow, springs, and views near hiking trails.
      14500 Sloat Mcrae Rd, Johnsville, CA 96103
      View Details
    • $249,000
      3.24 Acres

      Ready Lot in Mohawk Meadows

      3.24 acre lot ready to build your dream home.
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    • $76,000
      0.32 Acres

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      Level parcel ready for a dream home in Graeagle.
      16 Mohave Trl, Graeagle, CA 96103
      View Details
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    59704 State Hwy 70
    Cromberg, CA 96103-9996
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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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