Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18286 Gaston Drive Nevada City, CA 95959

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $184,555

    47+ acre property with views, privacy, and recreational opportunities.

    Type:Lot/Land / Lots/Land
    Property size:
    2,061,259 SF
    Lot size:
    47.00 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    85
    Last Refresh:
    Mar 13 at 1:31 pm

    Property Features for 18286 Gaston Drive

    General Information

    Standard status
    Active
    Size
    2,061,259 SF
    Lot size
    47.00 Acres
    Property subtype
    Lot/Land / Lots/Land

    We can help!

    Listing Contact
    Shane Ratilainen
    Shane Ratilainen

    Listing agent Shane Ratilainen License #01454649

    Listing office Twin Oaks Real Estate Inc.

    Listing date Jan 21, 2026

    Source Compass

    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 Twin Oaks Real Estate Inc.

    Overview

    Private Acreage with National Forest Access

    This 47+ acre property, situated on both sides of Gaston Rd, offers views and privacy. Bordered by National Forest on two sides, the property ensures lasting seclusion. Located 5 miles from the south fork of the Yuba River and Washington City, it provides recreational opportunities and access to small-town amenities. A solar-powered water well is already in place, with water piped into large storage tanks at various building pads. The property includes a large 5th wheel travel trailer with a cedar deck. A 40ft high cube Conex box offers storage or conversion potential. An old garden area features premium soil for starting a vegetable garden. Roads traverse the property, and multiple pads, water sources, and shelter are available on site.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Accounting Firm Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada City
    County
    Nevada
    State
    California
    Longitude
    -120.9124099
    Latitude
    39.2665703

    Nearby Similar for Sale

    • $300,000

      Forested Agricultural Land For Sale

      46.28 acres of agricultural land in Nevada City, CA.
      14550 Grizzly Hill, Nevada City, CA 95959
      View Details
    • $60,000

      Forested Agricultural Land For Sale

      4.14 acre forested agricultural land with frontage on Grizzly Hill Rd.
      14435 Grizzly Hill, Nevada City, CA 95959
      View Details
    • $1,200,000
      3,131 SF

      Freestanding Office Building on 1.5 Acres

      Recently renovated office building with expansion potential and high-security infrastructure.
      440 Lower Grass Valley Rd, Nevada City, CA 95959
      View Details
    • $60,000

      Forested Land on Grizzly Hill

      4.14 acre forested agricultural land with road frontage.
      14435 Grizzly Hill Road, Nevada City, CA 95959
      View Details
    • $55,000

      Nevada City Vacant Land

      1.9 acre vacant lot near Nevada City, California.
      13305 Summit Ridge Drive, Nevada City, CA 95959
      View Details
    • $300,000

      Forested Agricultural Land For Sale

      46.28 acres of forested agricultural land in Nevada City.
      14550 Grizzly Hill Road, Nevada City, CA 95959
      View Details
    • $620,000
      1,254 SF

      Renovated Office Building in Nevada

      Freestanding office building in Seven Hills Business District.
      825 Zion St, Nevada City, CA 95959
      View Details
    • $3,100,000
      10,223 SF

      Mixed-Use Asset in Historic Downtown

      10,223 SF mixed-use property in Nevada City, California.
      100 Union St, Nevada City, CA 95959
      View Details
    • $300,000

      Forested Agricultural Land For Sale

      46.28 acres of agricultural land bordered by Spring Creek.
      14550 Grizzly Hill, Nevada City, CA 95959
      View Details
    • $995,000
      8,206 SF

      Historic Riverfront Washington Hotel For Sale

      Gold Rush-era mixed-use property with restaurant, bar, and guest rooms.
      15432 Washington Rd, Nevada City, CA 95959
      View Details
    • $2,050,000
      9,200 SF

      Nevada City Multifamily Investment

      Multifamily property in Nevada City, CA with 7.12% CAP.
      475 Spring St, Nevada City, CA 95959
      View Details
    • $3,350,000
      11,200 SF

      Renovated Hospitality Asset in Nevada

      Newly renovated hospitality asset with leased restaurant in historic downtown.
      233 Broad St, Nevada City, CA 95959
      View Details

    FAQs

    What type of property is this?
    Land - 47+ acre property with views, privacy, and recreational opportunities.
    Where is this land located?
    The property is located at 18286 Gaston Drive Nevada City, CA.
    What is the asking price?
    The asking price for this property is $184,555.
    What are key features of this property?
    This property features: 47+ acre property with amazing views and unbeatable privacy.; National Forest on two sides ensures lasting privacy.; Solar‑powered water well with storage tanks already installed.
    (530) 487-4003
    We can help!
    Listing Contact
    Shane Ratilainen
    Shane Ratilainen
    Real Estate License ID: 01454649
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!