Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Lots Near Highway 49 Title is generated by Realmo AI

    10061 Alta Sierra Dr, Grass Valley, CA 95949

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    High-visibility commercial property near Highway 49 in a high-growth area.

    Type:Land
    Lot size:
    1.60 Acres
    Added:
    Oct 21, 2025
    Days on Market:
    222
    Last Refresh:
    Mar 16 at 1:30 pm

    Property Features for 10061 Alta Sierra Dr

    General Information

    Standard status
    Active
    Lot size
    1.60 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Ayrton Swasey
    Ayrton Swasey

    Listing agent Ayrton Swasey License #02172989

    Listing office Coldwell Banker Commercial Grass Roots Realty

    Listing date Oct 21, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Grass Roots Realty

    HighLights

    • High‑visibility location at the gateway to Alta Sierra with excellent traffic exposure.
    • Two adjoining commercial lots totaling approximately 1.6 acres.
    • Zoned C‑1, allowing for a wide range of development possibilities.
    • Two installed water meters and sewer hookup available.
    • Power available at the lot corner and high‑speed internet service in the area.
    • Located near existing commercial and office properties in a high‑growth area.

    Overview

    This offering features two adjoining commercial lots, totaling approximately 1.6 acres. The lots, identified as 25-220-46 (1.28 Acres) and 25-430-09 (.32 Acres), are zoned C-1, which allows for a wide range of development possibilities including retail, office, and mixed-use. The property is strategically located one parcel off Highway 49, providing excellent traffic exposure with thousands of vehicles passing by daily. Infrastructure highlights include two installed water meters, power available at the lot corner, and sewer hookup. High-speed internet service is available in the area. This site is suitable for an office, retail building, self-storage facility, or other commercial ventures. The location is surrounded by existing commercial and office properties. Situated just before the Alta Sierra community, home to thousands of residents, this commercial parcel is located in a high-growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.0699486
    Latitude
    39.1408827

    Nearby Similar for Sale

    • $495,000
      2,100 SF

      Commercial Condos with Warehouse Space

      Two contiguous commercial condo units with office and warehouse space.
      143 Spring Hill Dr, Units A & F, Grass Valley, CA 95945
      View Details
    • $1,750,000
      13,576 SF

      Commercial Condo Units For Sale

      Two commercial condo units totaling ±13,576 SF for sale.
      155 Spring Hill Dr Ste 103 & 104, Grass Valley, CA 95945
      View Details
    • $500,000

      Whispering Pines Land Assemblage

      5.81 acres of raw land near Highway 49.
      1250 Whispering Pines Ln, Grass Valley, CA 95945
      View Details
    • $2,260,000
      5,665 SF

      Medical Office Condo For Sale

      NNN-leased medical office condo occupied by Dignity Health.
      280 SIERRA COLLEGE DR, GRASS VALLEY, CA
      View Details
    • $2,614,058
      5,665 SF

      Medical Office Near Sierra Hospital

      Leased medical office space near Sierra Nevada Memorial Hospital.
      280 Sierra College Drive, Grass Valley, CA 95945
      View Details
    • $550,000

      Grass Valley Corner Lot

      Corner lot in the heart of Grass Valley.
      1300 E Main St, Grass Valley, CA 95945
      View Details
    • $40,000

      Residential Lot in Grass Valley

      Residential lot in Alta Sierra Estates tract, Grass Valley, CA.
      15788 Brewer Road, Grass Valley, CA 95949
      View Details
    • $2,614,058
      7,405 SF

      Medical Office Near Sierra Hospital

      Fully leased medical office condo unit near Sierra Nevada Hospital.
      280 Sierra College Drive, Grass Valley, CA 95945
      View Details
    • $269,900

      20-Acre Parcel in Golden Oaks

      20-acre parcel in Golden Oaks community, between Auburn and Grass Valley.
      22130 Iron Horse Drive, Grass Valley, CA 95949
      View Details
    • $1,100,000

      Grass Valley Affordable Housing Land

      5-acre land parcel for affordable housing development.
      22630 Cameo Drive, Grass Valley, CA 95949
      View Details
    • $2,400,000
      14,229 SF

      Two-Story Office Building For Sale

      Two-story office building with high occupancy in Grass Valley, CA.
      950 E Main St, Grass Valley, CA
      View Details
    • $199,000
      1,742 SF

      Boutique Office Condo with Forest Views

      End-unit office condo in a well-maintained complex with forest views.
      565 Brunswick Rd, Grass Valley, CA 95945
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial property near Highway 49 in a high-growth area.
    Where is this commercial land located?
    The property is located at 10061 Alta Sierra Dr Grass Valley, CA.
    What is the asking price?
    The asking price for this property is $129,799.
    What are key features of this property?
    This property features: High‑visibility location at the gateway to Alta Sierra with excellent traffic exposure.; Two adjoining commercial lots totaling approximately 1.6 acres.; Zoned C‑1, allowing for a wide range of development possibilities.
    (530) 277-0116 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ayrton Swasey
    Ayrton Swasey
    Real Estate License ID: 02172989
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10061 Alta Sierra Dr, Grass Valley, CA 95949
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!