Industrial Flex Unit with
For Sale
Contact for pricing
12150 Charles Drive, Grass Valley, CA 95945
M1-zoned unit combines warehouse, office, restroom, and finished mezzanine space.
Property Size1,868 SF
Price / SF$155.25
Days on Market9
Property Features for 12150 Charles Drive
General Information
Standard status
Active
Size
1,868 SF
Property subtype
Industrial
Zoning
M1
Warehouse & Industrial
Clear Height
16 ft
Mezzanine
500 SF
Drive-In Doors
1
Power
200 amps
Three-Phase Power
Yes
Additional Details
Floor
1A
HOA Fee
$259.15
Building Details
Units
1
Tenancy
Single
Listing Agency:
Tucker Commercial
(530) 272-7222
Listed By:
Tyson Tucker · License #01804034
Source:
Crexi
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 4 at 10:57AM
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.
Unit 1A is an approximately 1,868 SF industrial condominium at Loma Rica Industrial Park in Grass Valley. The layout includes warehouse space with approximately 16' clear height, a private office, and a restroom. An approximately 500 SF finished mezzanine adds a second private office, a restroom with shower, and an open work area overlooking the warehouse.
The unit has received new interior paint, new carpet in the office areas, and painted concrete warehouse floors. A 10'x10' grade-level roll-up door provides warehouse access, while 200-amp, 3-phase power supports industrial operations. The owners' association maintains the roof, parking areas, landscaping, and building insurance. Adjacent Unit 2, approximately 1,577 SF, may also be purchased with Unit 1A for a combined approximately 3,445 SF.
The unit has received new interior paint, new carpet in the office areas, and painted concrete warehouse floors. A 10'x10' grade-level roll-up door provides warehouse access, while 200-amp, 3-phase power supports industrial operations. The owners' association maintains the roof, parking areas, landscaping, and building insurance. Adjacent Unit 2, approximately 1,577 SF, may also be purchased with Unit 1A for a combined approximately 3,445 SF.
Key Highlights
- ±1,868 SF industrial condominium in Loma Rica Industrial Park
- Approximately 500 SF finished mezzanine with office, restroom with shower, and open work area
- ±16' clear warehouse height
Financial Insights For Office B
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 | $40.3k | $21.60 |
| − Vacancy | −$10.1k | −$5.40 |
| EGI | $30.3k | $16.20 |
| − OpEx | −$7.6k | −$4.05 |
| NOI | $22.7k | $12.15 |
1,868 SF · lease $21.60/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$578.8K
$506.5K – $675.3K
NOI $40,516 @ 7.0% cap · market cap 13.97%
Second Best
Office B
$324.2K
$283.7K – $378.3K
NOI $22,696 @ 7.0% cap · market cap 7.83%
Theoretical Best
Specialty Retail
$667.8K
$584.4K – $779.2K
NOI $46,749 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - M1-zoned unit combines warehouse, office, restroom, and finished mezzanine space.
Where is this flex space located?
The property is located at 12150 Charles Drive Grass Valley, CA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: ±1,868 SF industrial condominium in Loma Rica Industrial Park; Approximately 500 SF finished mezzanine with office, restroom with shower, and open work area; ±16' clear warehouse height
