Industrial Flex Space With
For Sale
Contact for pricing
12150 Charles Drive Units 1A & 2, Grass Valley, CA 95945
Two adjacent units offer refreshed interiors, warehouse areas, private offices, restrooms, and flexible loading configuration.
Property Size3,445 SF
Price / SF$161.10
Days on Market100
Property Features for 12150 Charles Drive Units 1A & 2
General Information
Standard status
Active
Size
3,445 SF
Property subtype
Industrial
Zoning
Light Industrial
Warehouse & Industrial
Clear Height
16 ft
Mezzanine
500 SF
Drive-In Doors
2
Loading
Front Load, Rear Load
Power
400 amps
Three-Phase Power
Yes
Additional Details
HOA Fee
$518.30
Office Units
2
Building Details
Buildings
2
Units
2
Tenancy
Single
Listing Agency:
Tucker Commercial
Listed By:
Tyson Tucker · License #01804034
(530) 272-7222
Source:
Crexi
Added: Jul 28
Changed: Oct 25
Last Checked: Nov 4 at 1:12PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes two adjacent industrial condominiums totaling ±3,445 SF. Unit 1A contains a warehouse, office, restroom, and approximately 500 SF of finished mezzanine space with a private office, restroom with shower, and open work area. Unit 2 provides an open warehouse with a private office and restroom. Both units have ±16' clear height, painted concrete warehouse floors, and recently refreshed office finishes, including new paint and carpet.
Each condominium has a 10'x10' grade-level roll-up door. Unit 1A loads from the front, while Unit 2 provides rear loading; together, the units may support drive-through access. Combined electrical service is 400 amps of 3-phase power. The owners' association maintains the roof, parking areas, landscaping, and building insurance. The units are available together or separately, and the property is zoned Light Industrial.
Each condominium has a 10'x10' grade-level roll-up door. Unit 1A loads from the front, while Unit 2 provides rear loading; together, the units may support drive-through access. Combined electrical service is 400 amps of 3-phase power. The owners' association maintains the roof, parking areas, landscaping, and building insurance. The units are available together or separately, and the property is zoned Light Industrial.
Key Highlights
- Two adjacent industrial condominiums totaling ±3,445 SF
- Unit 1A includes approximately 500 SF of finished mezzanine space
- Both warehouse areas feature ±16' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,053
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,060
$721.1K
Cap Rate 7%
$515,043
$515.0K
Cap Rate 9%
$400,589
$400.6K
Market Conditions
NOI Build-Up for 3,445 SF
Gross rent
$44.6K $12.96/SF
− Vacancy
−$2.2K −$0.65/SF
EGI
$42.4K $12.31/SF
− OpEx
−$6.4K −$1.85/SF
NOI
$36.1K $10.47/SF
Area
Nevada County, CA
Vacancy
5.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,060
Cap Rate 7%
$515,043
Cap Rate 9%
$400,589
Alternative Uses
Best Use
Flex RnD
$1.07M
$934.0K – $1.25M
NOI $74,720 @ 7.0% cap · market cap 13.46%
Second Best
Warehouse
$515.0K
$450.7K – $600.9K
NOI $36,053 @ 7.0% cap · market cap 6.50%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,216 @ 7.0% cap · market cap 15.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
2
Office units
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95945, CA
26,302
Population
13,051
Households
2
Avg Household Size
50
Median Age
32%
College-Educated
94%
High-School Grad
61.1 sq mi
ZIP Area
430
Density / Sq Mi
$61,068
Median Household Income
$41,072
Median Earnings
$1,420
Median Rent
$496,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Two adjacent units offer refreshed interiors, warehouse areas, private offices, restrooms, and flexible loading configuration.
Where is this flex space located?
The property is located at 12150 Charles Drive Units 1A & 2 Grass Valley, CA.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Two adjacent industrial condominiums totaling ±3,445 SF; Unit 1A includes approximately 500 SF of finished mezzanine space; Both warehouse areas feature ±16' clear height
