848 Gold Flat RdNevada City, CA 95959

  • Manufacturing properties
  • 27,000 SF
For Sale
$2,700,000 View listing

Property Details for 848 Gold Flat Rd

Year built
1987
Construction
WOOD
Lot size
0.38 AC
Property size (Sq ft)
27,000 SF
Zone code
I
Property type
Manufacturing properties
APN
037-050-062-000
APU
37050062000

Description

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

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
$35,804
$961,456
$2,398,364
$3,359,820
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