Commercial Real Estate in Nevada County, CA

 
     
                             
 
 

Recent Commercial Real Estate Activity
Coldwell Banker Grass Roots Realty Commercial

Address Property type Transaction Date Sales Price  Square Footage P/SF Bullet Points
2600 Sunset
Rocklin, CA
Retail  Jan-15 1,600,000  10,000  $160.00
  • Represented Buyer in extremely competitive environment
  • Negotiated a credit on Buyer's behalf
  • 6.99% actual cap rate at 88% occupancy, profroma 9% cap
  • 1205 D St.
    Marysville, CA 
    Office Dec-14 504,000  4,700  $107.23
  • Single tenant Net Leased Building (Tenant: AAA of Northern CA, UT, NV)
  • Purchased at 10% cap rate with over three years left on term
  • Property consists of a approximately 4,700 SF office building and almost an acre of land on Lake Ellis
  • Medical Office Condo Medical Office Nov-14 201,000  1,743  $115.32
  • Represented Buyer and Seller
  • Sold for above list price
  • Downtown GV Retail
    109 W. Main St.
    Grass Valley, CA 95945
    Retail  Oct-14 250,000  2,250  $111.11
  • Represented Buyer and Seller
  • Vacant at the time of sale
  • Succesfully negiotated Use Agreement for shared back patio
  • Greenbriar Apartments I
    204 King Hiram Lane
    Nevada City, CA 95959
    Multi-Family  Sep-14  $2,625,000  26,000  $100.96
  • Rare 26 unit apartment complex in Nevada City
  • Off market deal - represented both Buyer and Seller
  • Successfully priced/underwrote the transaction resulting in aggressive bank financing
  • Traded at a 5.70% cap on actuals, with some room for rental rate increases
  • Former Sierra Video Systems Headquarters
    104 New Mohawk Rd.
    Nevada City, CA 95959
    Office/R&D Jun-14  $1,600,000  26,600  $60.15
  • 26,600 SF, 2 story R&D Building located in Nevada City's Tech Corridor
  • Vacant at the time of purchase
  • Represented Buyer and Seller and successfully negotiation Seller Financing
  • Purchased 50% of replacement cost
  • Northern Queen Inn
    400-420 Railroad Ave
    Nevada City, CA 95959
    Hospitality  Jun-14  $3,510,000  50,000  $70.20
  • Largest Full Service Hotel in Western Nevada County
  • Nevada City Landmark
  • 45 rooms, plus 20 independent senior care apartments located on over 11 acres with freeway signage/frontage
  • Successfully represented Buyer in acquiring the asset at a deep discount relative to its replacement cost
  • 13212 Rattlesnake Rd.
    Grass Valley, CA 95945
    Multi-Family  May-14  $406,000  2,300  $176.52
  • Two single family rental units
  •  
    Main St. Offices
    406-412 East Main Street
    Grass Valley, CA 95945
    Office Apr-14  $714,000  7,700  $92.73
  • Two (2) Well located, 2001 constructed multi-tenant office buildings
  • Building has three (3) larger office suites (1,000 SF - 1,500 SF) with the remaining offices leased out on an individual basis
  • Received leasing assignment along with sale listing and increased occupancy from 65% to 85% in a three month period, maximizing proceeds to Seller
  • 8% Cap Rate
  • Converted Nevada City Victorian
    402 Lower Grass Valley Rd.
    Nevada City, CA 95959
    Office Mar-14  $290,000  2,300  $126.09
  • 1910 Constructed Victorian in Nevada City
  • Converted to Office Space
  • Represented Seller
  • Project located on large (.87 acre) lot with great access and freeway frontage
  • Favorable zoning designation allowed for industrial users
  • USFS Service Office
    22380 Foresthill Road
    Foresthill, CA 95631
    Office Feb-14  $1,500,000  6,830  $219.62
  • Single Tenant Office Building Occupied by USFS Field Office for Tahoe National Forest
  • 9 Years remaining on lease term
  • 8.2% Cap Rate
  • Represented Buyer
  • 675 South Auburn Street
    Grass Valley, CA 95945
    Office Feb-14  $180,000  1,690  $106.51
  • Free Standing, two (2) story office building with 9 exclusive parking spots
  • Represented Buyer and Seller
  • Buyer moved tech company from Auburn to Grass Valley
  • 1025 Idaho Maryland
    Grass Valley, CA 95945
    Industrial  Oct-13  $135,000  1,200  $112.50
  • Represented Seller (Bank of America) and Buyer
  • 1,200 SF of improvements on a flat one acre lot in Grass Valley city limits
  • Maltman Retail Center
    671 Maltman Dr.
    Grass Valley, CA 95945
    Retail  Oct-13  $907,000  9,650  $93.99
  • 6 unit retail strip in the Brunswick Basin
  • 100% Occupied
  • 7.5% cap on actuals
  • Undermarket rents at the time of purchase (stabilized 9.5% cap rate)
  • Airpark Industrial Condominiums
    12293-95 Loma Rica Drive
    Grass Valley, CA 95945
    Industrial  Sep-13  $270,000  2,700  $100.00
  • Two (2) 2005 Constructed 1,350 light industrial units
  • Represented Developer/Seller and Buyer
  • USFS Tahoe National Forest Headquarters
    631 Coyote St.
    Nevada City, CA 95959
    Office  Aug-13  $2,400,000  32,000  $75.00
  • Single Tenant Net Leased Property
  • 32,000 SF ($75/SF)
  • 9% Cap Rate
  • 5 Year Renewal signed prior to close
  • Represented Buyer
  • Cold Storage Facility
    810 Whispering Pines
    Grass Valley, CA 95945

    Industrial  Jul-13  $350,000  4,500  $77.78
  • Single Tenant NN Lease Property
  • 10% cap rate
  • 3 years remaining on term
  • One of very few cold storage facilities in Western Nevada County
  • Represented Buyer
  • Springhill Industrial Condominiums
    110 Springhill Dr.
    Grass Valley, CA 95945
    Industrial  Jun-13  $249,500  3,200  $77.97
  • 3,200 SF industrial condo with two (2) 14' roll up doors and loading dock
  • Represented Seller
  • 10339 E. Bennett
    Grass Valley, CA 95945
    Industrial  May-13  $675,000  5,000  $135.00
  • Underutilized small industrial complex
  • Represented Buyer in relocation of business
  •  
    1793 E. Main St.
    Grass Valley, CA 95945
    Office May-13  $187,500  2,388  $78.52
  • Represented bank in REO sale
  • converted from retail to office
  • 622 South Auburn St.
    Grass Valley, CA 95945
    Office Mar-13  $185,000  1,250  $148.00
  • Small office building with 8 private parking spaces
  • Represented Seller
  • Building was converted from medical to office
  • 2325 El Camino
    Sacramento, CA95821
    Office Jan-13  $312,000  2,500  $124.80
  • Represented Buyer in relocation of law firm
  • Building in excellent condition
  • Good access to I-80
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      Jon Blinder | 855 Sutton Way, Grass Valley, CA 95945 | Tyson Tucker  
       
       
         
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      2014© Coldwell Banker Grass Roots Realty. Serving Commercial Real Estate in Nevada County, Placer County, Sacramento, El Dorado and Surrounding County Properties. Office located in Grass Valley, CA. Our Nevada County residential real estate website can be located at www.nevadacounty4sale.com. Search All properties and homes for sale in Nevada County.
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