Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Professional Office Space For Rent Title is generated by Realmo AI

    471-667 Sutton Way, Grass Valley, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space in a desirable retail area with freeway access.

    Type:OFFICE
    Property size:
    3,335 SF
    Lot size:
    4.84 Acres
    Added:
    Oct 20, 2022
    Days on Market:
    1320
    Last Refresh:
    May 20 at 8:29 pm

    Property Features for 471-667 Sutton Way

    General Information

    Standard status
    Active
    Size
    3,335 SF
    Lot size
    4.84 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 471-667 Sutton Way Contact us

    We can help!

    Listing Contact
    Joey Chiurazzi
    Joey Chiurazzi

    Listing agent Joey Chiurazzi License #01298662

    Listing office Ethan Conrad Properties

    Listing date Oct 20, 2022

    Source Moodyscre

    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 Ethan Conrad Properties

    HighLights

    • Located in the heart of the busiest and most desirable retail area in the county
    • Excellent freeway access to Hwy 49 at Brunswick Rd
    • Coveted above‑standard parking
    • Professional office environment

    Overview

    This office space is situated in a high-traffic retail area and offers convenient access to Highway 49 via Brunswick Road. The property provides a professional office environment and features above-standard parking.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.035
    Latitude
    39.2324

    Nearby Similar for Lease

    • $1.20 SF/Yr
      13,576 SF

      Commercial Condo Units For Lease

      Two contiguous commercial condo units totaling ±13,576 SF.
      155 Spring Hill Dr Ste 103 & 104, Grass Valley, CA 95945
      View Details
    • $1.00 SF/Yr
      10,000 SF

      Industrial Buildings Near Nevada Airport

      Two industrial buildings totaling ±10,000 SF near Nevada County Airport.
      12817-12819 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr
      12,000 SF

      Light Industrial Units For Lease

      Multi-tenant light industrial buildings with units available for lease.
      12731 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $1.00 SF/Yr
      10,000 SF

      Industrial Buildings Near Nevada Airport

      Two industrial buildings totaling ±10,000 SF near Nevada County Airport.
      12817-12819 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr
      2,400 SF

      Renovated Industrial Units with Yard

      Light industrial units for lease, renovated in 2024, with yard.
      12555 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $2.00 SF/Yr
      10,172 SF

      Office/Retail Buildings For Lease

      Two separate office/retail buildings for lease in Gold Country Center.
      841 Sutton Way, Grass Valley, CA, 95945
      View Details
    • $1.20 SF/Yr
      2,400 SF

      Light Industrial Units For Lease

      Multi-tenant light industrial units available for lease.
      12731 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr
      2,400 SF

      Commercial Condo Units For Lease

      Two commercial condo units totaling ±13,576 SF available for lease.
      155 Spring Hill Dr Ste 103 & 104, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr
      16,400 SF

      Renovated Industrial Units with Yard

      Light industrial units for lease with yard and recent renovations.
      12555 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $2,628/Mo

      Retail Space on Bank Street

      Retail space available for rent on Bank Street.
      109 Bank Street, Grass Valley, CA 95945
      View Details
    • Contact for pricing

      Retail Hub Anchored by Raley's

      Shopping center anchored by national tenants in Grass Valley, CA.
      692 Freeman Lane, Grass Valley, CA, 95949
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Buildings Near Nevada County Airport

      Two industrial buildings totaling ±10,000 SF near Nevada County Airport.
      12817 Loma Rica Dr, Grass Valley, CA 95945
      View Details

    FAQs

    What type of property is this?
    Office units - Office space in a desirable retail area with freeway access.
    Where is this office units located?
    The property is located at 471-667 Sutton Way Grass Valley, CA.
    What is the lease rate?
    The lease rate is $1.40 SF/Yr.
    What are key features of this property?
    This property features: Located in the heart of the busiest and most desirable retail area in the county; Excellent freeway access to Hwy 49 at Brunswick Rd; Coveted above‑standard parking
    (916) 996-5539 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joey Chiurazzi
    Joey Chiurazzi
    Real Estate License ID: 01298662
    Learn More
    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
    471-667 Sutton Way, Grass Valley, CA
    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!