Industrial Condominium Unit
110 Spring Hill Drive 8-9 Grass Valley, CA 95945
110 Spring Hill Drive 8-9, Grass Valley, CA, 95945
$575,000
Pending
For Sale
$575,000
Pending
Units 8–9 total 3,952 SF within a professionally maintained 43,000 SF industrial condominium project.
Property Size3,952 SF
Days on Market97
Property Features for 110 Spring Hill Drive 8-9
General Information
- Standard status
- Pending
- Size
- 3,952 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1976
Listing agency
Tucker Commercial
(530) 470-6090
Listed by
Tyson J. Tucker · License #01804034
Source
Exitrealty
Added: Apr 17 Updated: Jul 22 at 11:19AM Checked: Jul 22 at 11:19AM
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 Tucker Commercial
Investment Insights
Based on property information with market context.
Units 8–9 at 110 Spring Hill Drive offer a total of 3,952 SF in a professionally maintained 43,000 SF industrial condominium project. The configuration provides a dedicated owner-user layout within a multi-unit warehouse/flex style setting.
The property is located within the city limits of Grass Valley, CA. It is zoned M-1, supporting a broad range of industrial and service-based uses.
As part of an industrial condominium project, the space is positioned for tenants or buyers seeking an owner-user option within a maintained shared facility.
The property is located within the city limits of Grass Valley, CA. It is zoned M-1, supporting a broad range of industrial and service-based uses.
As part of an industrial condominium project, the space is positioned for tenants or buyers seeking an owner-user option within a maintained shared facility.
Key Highlights
- Units 8–9 total 3,952 SF within a professionally maintained 43,000 SF industrial condominium project
- Year built: 1976
- Zoned M‑1, supporting a wide range of industrial and service‑based uses
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.2k | $12.96 |
| − Vacancy | −$2.6k | −$0.65 |
| EGI | $48.7k | $12.31 |
| − OpEx | −$7.3k | −$1.85 |
| NOI | $41.4k | $10.47 |
3,952 SF · lease $12.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.22M
$1.07M – $1.43M
NOI $85,717 @ 7.0% cap · market cap 14.91%
Second Best
Warehouse
$590.8K
$517.0K – $689.3K
NOI $41,358 @ 7.0% cap · market cap 7.19%
Theoretical Best
Specialty Retail
$1.41M
$1.24M – $1.65M
NOI $98,904 @ 7.0% cap · market cap 17.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ames Designs
Art Gallery
Snell Casting
Production Facility
Arrow Mountain Screen ...
(Bike/Boat/Book/etc) Store
Sierra Nevada Ambulance ...
Ambulance Service
BrewBilt Brewing Company
Production Facility
Similar For Sale Nearby
Similar Off Market Nearby
- Old Barn Self Storage — 175 Spring Hill Dr, Grass Valley, CA 95945
- Keep-It Self Storage RV's — 11352 E Bennett Rd, Grass Valley, CA 95945
- Ernie's Van & Storage — 177 Spring Hill Dr, Grass Valley, CA 95945, United States
- Stamp Mill Storage — 11352 E Bennett Rd, Grass Valley, CA 95945
- Rental Guys - Grass Valley — 362 Railroad Ave, Grass Valley, CA 95945
FAQs
What type of property is this?
Warehouse - Units 8–9 total 3,952 SF within a professionally maintained 43,000 SF industrial condominium project.
Where is this warehouse located?
The property is located at 110 Spring Hill Drive 8-9 Grass Valley, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Units 8–9 total 3,952 SF within a professionally maintained 43,000 SF industrial condominium project; Year built: 1976; Zoned M‑1, supporting a wide range of industrial and service‑based uses
