This exceptional 25,000-square-foot Class A industrial building, constructed in 1985, sits on a 7.71-acre lot in Nevada City's Gold Flat Business Park. Currently, approximately 23,000 square feet is available for lease, with the possibility of leasing the entire building with six months' notice. The two-story steel-frame structure features movable partitions, minimal columns, and ample flexibility for various uses, including manufacturing, flex space, warehouse, R&D, and office space. The EC zoning permits a wide range of employment-centered activities. The property boasts 166 parking spaces, one loading dock, and an elevator. Two additional pad sites offer potential for future expansion. Located just half a mile from Highways 49 and 20, this property enjoys a serene setting near Pioneer Park, offering easy access to both the Sacramento and Reno/Tahoe markets, and proximity to the San Francisco Bay Area. The minimum leasable space is 1,500 square feet, with the maximum contiguous space being the entire 25,000 square feet. The building is in excellent condition and offers cost-effective tenant improvement opportunities. Nevada City's thriving high-tech and cultural scene, combined with its highly-rated schools and stunning natural surroundings, makes it a highly desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,856,278
Hospitality
$4,448,324
Educational
$3,700,954
Medical
$3,828,235
Retail
$5,757,040
Location Insight
City
Nevada City
County
Nevada
State
California
Latitude
39.2504
Longitude
-121.015
CBSA code
46020
CBSA name
TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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