828 Newville Rd Orland, CA 95963
Property Lookup
Property profile & analytics
828 Newville Rd Orland, CA 95963
- Retail space
- 12,609 SF
- 1.51 lot acres
Property ID
US09-3722346
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 828 Newville Rd
- Year built
- 2010
- Construction
- WOOD
- Lot size
- 1.51 lot acres
- Property size
- 12,609 SF
- Zone code
- C-H
- Property type
- Retail space
- APN
- 040-141-010-000
- APU
- 40141010000
Description
This exceptional investment opportunity presents a fee-simple, single-tenant, absolute triple-net (NNN) leased Walgreens property located at 828 Newville Road, Orland, CA 95963. The 15,930 square foot building, constructed in 2010, sits on a 1.77-acre lot and boasts a prominent location just off Interstate 5, benefiting from high visibility to over 29,000 vehicles daily. The property features a drive-thru pharmacy and ample surface parking. The current lease with Walgreens, a corporate guaranteed tenant, commenced August 31, 2009, and has a remaining term of approximately 9.8 years, expiring August 31, 2034, with fifty one-year lease options. The asking price is $2,100,000, representing a price per square foot of $131.83 and a current NOI of $525,000. The property enjoys 100% occupancy and benefits from strong co-tenancy with national brands such as Subway, Burger King, McDonald's, and Dollar General. Orland, a thriving residential community, offers a stable market with limited retail competition. This investment provides a secure, long-term passive income stream with minimal landlord responsibilities, making it an ideal addition to any portfolio. The property's location along a primary thoroughfare with four points of ingress/egress ensures excellent accessibility and visibility. The town of Orland is situated approximately 100 miles north of Sacramento and benefits from a strong local economy and community engagement. This is a truly exceptional opportunity to acquire a high-performing, low-maintenance investment property with a blue-chip tenant.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,085,000
- AI Estimate
- $1,308,000
Market price range: $477k - $1.09MMarket price range: $513k - $1.31M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $720,000 Current use
- COMMERCIAL (GENERAL)
- $1,530,000 Change: +113% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orland
- County
- Glenn
- State
- California
- Longitude
- -122.2
- Latitude
- 39.7491
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
$23,834
$251,206
$1,923,577
$2,174,783
-
$0.00
$0.00
$0.00
