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From the desk of Travis Majick: Each month: verified transaction data, current financing rates, and local market conditions for Siskiyou County commercial owners. This month: the May 2026 market snapshot across Yreka and Mount Shasta, the most recent transactions on record, and what the Fed's April 29th decision means for commercial financing.
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Section 01
Submarket Pulse
Siskiyou County's commercial market is defined by four distinct communities along the I-5 corridor, each with its own economic character. The county seat anchors transaction activity; the mountain communities serve tourism and lifestyle demand; the highway towns offer land and industrial value plays.
| Yreka County Seat · I-5 Corridor |
175 PROPERTIES TRACKED |
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175
Properties
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564
MF Units
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9
T-24 Trades
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1978
Median Vintage
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75%
Class C
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Yreka is the most active commercial market in the county by transaction volume. The property stock is predominantly Class C, median vintage 1978 — a market defined by long-tenured private owners, limited institutional presence, and low transaction velocity. Retail dominates the inventory (80 properties), followed by office (40) and multifamily (31 apartment properties with 564 tracked units). The county seat's primary employers are government, healthcare, and retail.
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| Mount Shasta Tourism & Lifestyle Anchor |
179 PROPERTIES TRACKED |
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22
20+ Yr Holds
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22
20+ Yr Holds Tracked
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22
20+ Yr Holds
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11
Hospitality Properties
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Mount Shasta's commercial inventory is defined by hospitality, retail, and mixed-use properties concentrated along Mt. Shasta Blvd and the Lake Street corridor. 22 properties in the Mount Shasta market have been held for 20 or more years per CoStar records. Most are privately owned.
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Weed
I-5 Corridor · Highway Commercial
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Market Narrative
Weed sits at a strategic I-5 interchange with Highway 97 — the access corridor to Klamath Falls and southern Oregon. Its commercial inventory skews toward highway-facing retail, service stations, and industrial/warehouse uses. The Black Bear Diner is headquartered in Weed — verify anchor status before citing. I-5 frontage land is active for investor inquiry. Full CoStar data is being compiled for Issue 2.
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Dunsmuir
Historic Downtown · Niche Market
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Market Narrative
Dunsmuir's Sacramento River canyon setting and historic downtown draw outdoor recreation tourism and residential interest. Commercial inventory is limited — a small walkable main street, scattered service businesses, and modest industrial uses. Transaction velocity is low. Most commercial owners are long-tenured locals. Full CoStar data coming in Issue 2.
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Section 02
What Traded — Trailing 24 Months
The trailing 24 months produced 9 verified conventional commercial transactions in Yreka, totaling approximately $5.5M in tracked volume. Mobile home park transactions are excluded.
| Address |
Type |
Price |
Date |
SF |
| MOUNT SHASTA |
| 1124 Pine Grove Dr |
OWNER USER |
$500,000 |
Sep 2025 |
5,000 |
| YREKA |
| 721-735 S Broadway St |
STRIP CENTER |
$1,650,000 |
Apr 2025 |
18,455 |
| 1803 Fort Jones Rd |
RETAIL / FAST FOOD |
$1,572,522 |
Feb 2025 |
3,250 |
| 1515 S Oregon St |
OFFICE |
$1,300,000 |
Mar 2026 |
35,850 |
| 113 E Miner St |
SERVICE STATION |
$1,098,000 |
Dec 2025 |
9,552 |
| 1391 Montague Rd |
RETAIL |
$850,000 |
Dec 2025 |
4,740 |
| 1015 S Main St |
RETAIL FREESTANDING |
$450,000 |
Nov 2024 |
4,956 |
| 145 Montague Rd |
RESTAURANT |
$400,000 |
Sep 2025 |
5,500 |
| 206 4th St · 309 S Broadway · 534 N Main · Others |
OFFICE / RETAIL |
$160K–$430K |
2024–2026 |
Various |
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Volume Context
$5.5M in conventional commercial transactions over 24 months. Siskiyou County is a small market where most owners are long-term holders. All transactions verified by listing broker or public record per CoStar.
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Buyer Profile
The Siskiyou buyer pool is dominated by local and regional private individuals. No institutional buyers appeared in the trailing 24-month data. Sellers negotiate directly with owner-operators.
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Section 03
Market Signals
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Macro Alert — April 29, 2026
The Federal Reserve held rates unchanged but four of twelve FOMC members dissented — the most since October 1992. Three dissented hawkishly, opposing the easing language in the statement. The practical implication: do not plan around rate cuts in the next 90 days. Commercial property financing remains in the 6.5–8.0% range for small-balance conventional loans.
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Commercial Financing Rates · May 2026
| SBA 504 (owner-occupied) | 6.00–6.50% |
| USDA B&I (rural commercial) | 6.25–7.00% |
| Conventional Bank (small balance) | 6.75–8.00% |
| 10-Year Treasury (benchmark) | 4.39% |
Note: USDA Business & Industry loans are available for rural Siskiyou County properties — an often-overlooked financing tool for qualifying commercial assets.
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Siskiyou County Economic Drivers
Government & Healthcare: Siskiyou County government, Yreka community services, and Fairchild Medical Center are the county's anchor employers — providing stable, recession-resistant demand for commercial space.
Tourism: Mount Shasta and the Shasta-Trinity recreation corridor drive seasonal hospitality and retail demand.
I-5 Corridor: Highway commercial activity — fuel, food, logistics — benefits from consistent through-traffic. The Oregon border proximity supports cross-border commerce in Yreka.
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Section 04
Deal Deep Dive
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Featured Transaction · April 2025
The Strip Center Sale: What 18,455 SF on S. Broadway Tells Us About Yreka Retail
721-735 S Broadway St, Yreka · Retail Strip Center · Class C · 1959 · Anchors: Ace Hardware, Round Table Pizza · Verified: CoStar + TiCOR Title
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$1.65M
Sale Price
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$89/SF
Price Per SF
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18,455
Building SF
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57,236
Lot SF
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67%
LTV at Close
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The Transaction
A private buyer — operating as Lifestyle Yreka Re LLC — acquired this anchored strip center on April 8, 2025 for $1,650,000 ($89/SF), financing $1.1M through a commercial loan from GDB LLC at 67% LTV. CoStar records the property as 100% leased at close. The buyer financed with a private lender rather than a conventional bank — consistent with a value-add buyer moving quickly without institutional underwriting timelines. TiCOR Title and CoStar both confirm the sale price and date.
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What's In the Center
Street View shows Ace Hardware (ACE Home Center), Round Table Pizza, and Rite Aid as visible tenants — national and regional brands anchoring a 57,236 SF lot with a large surface parking field. TiCOR classifies the land use as Regional Shopping Center, Mall (w/Anchor). For a 1959-vintage Class C building at $89/SF, the tenant quality is the story — a buyer acquiring stabilized income backed by service retailers that don't get disrupted by e-commerce.
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Context for Yreka owners: A private buyer paid $89/SF for a 66-year-old strip center with national anchor tenants and a full parking lot — fully leased, financed at 67% LTV through a private lender. That is the current market benchmark for anchored retail in Yreka. If you own commercial property in the same zip code and haven't had a valuation in the last 24 months, this transaction is the starting point for that conversation.
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Section 05
Residential Hat Tip
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Siskiyou County Residential · Context
Siskiyou County residential remains affordable relative to coastal California markets. Median home prices across the county's submarkets attract remote workers and retirees — a tailwind for local retail and service commercial. (Verify current median pricing before citing.)
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Mixed-Use Opportunity
Several Yreka properties in the CoStar dataset are classified as Storefront Retail/Residential or Office/Residential — mixed-use assets that blur the line between commercial and residential investment. These properties attract a narrow buyer pool. For investors comfortable underwriting hybrid assets, that can mean less competition.
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From the Agent
From the Agent of ZentryRE
Hello, Siskiyou County
Travis Majick
Senior Associate · ZentryRE
Siskiyou County commercial owners deserve the same market intelligence that institutional investors in Sacramento and San Francisco use.
We use AI applications that surface patterns, trends, and correlations across markets — and translate that into straightforward advice about when to hold, when to sell, and how to position.
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$100M+
Client Value
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20+ Yrs
RE Experience
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1031
Exchange Specialist
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Army
Helicopter Pilot
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Full profile at travismajickre.com →
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Follow ZentryRE
See the properties behind the data.
Follow us on Instagram and Facebook for proprietary investment opportunities and deep dives on properties featured in this report.
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What Is Your Property Worth Right Now?
Whether you own retail in Yreka, commercial space in Mount Shasta, or anything in between — we'll build you a sales activity analysis from CoStar transaction data for your market. Free. Confidential.
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Brokerage
ZentryRE
AI-Driven Real Estate
Real Estate Broker · DRE# 00956743
Our focus is on representing our clients, paying attention to the details, executing transactions precisely, and keeping our clients ahead of the market.
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Your Broker
Travis Majick
Senior Associate · ZentryRE
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