Move-In Ready Medical Office
300 Sierra College Dr Grass Valley, CA 95945
For Sale
Contact for pricing
Turn-key, recently remodeled medical office condo offered as a move-in ready owner-user opportunity.
Property Size1,740 SF
Price / SF$301.72
Days on Market24
Property Features for 300 Sierra College Dr
General Information
Standard status
Active
Size
1,740 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Sacramento
(916) 717-6606
Listed By:
Eric Ortiz · License #01821549
(916) 717-6606
Source:
Moodyscre
Added: Jul 6
Changed: Jul 26
Last Checked: Jul 28 at 12:54PM
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 Colliers | Sacramento
Investment Insights
Based on property information with market context.
This turn-key medical office condo is move-in ready and has been recently remodeled. The space is presented as an owner-user opportunity, suitable for a medical office requirement where an immediate, finished setup is important.
The property is located at 300 Sierra College Dr in Grass Valley, California. Its condo format provides a straightforward, dedicated office configuration for day-to-day use.
At 1,740 square feet, the unit is sized for a compact medical office tenancy, with the benefit of a recently updated interior.
The property is located at 300 Sierra College Dr in Grass Valley, California. Its condo format provides a straightforward, dedicated office configuration for day-to-day use.
At 1,740 square feet, the unit is sized for a compact medical office tenancy, with the benefit of a recently updated interior.
Key Highlights
- Move‑in ready medical office condo
- Recently remodeled medical office space
- Owner‑user opportunity on Sierra College Drive
Financial Insights For Healthcare Medical
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 | $64.7k | $37.20 |
| − Vacancy | −$6.7k | −$3.83 |
| EGI | $58.1k | $33.37 |
| − OpEx | −$23.2k | −$13.35 |
| NOI | $34.8k | $20.02 |
1,740 SF · lease $37.20/SF/yr · vacancy 10.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$497.7K
$435.5K – $580.6K
NOI $34,837 @ 7.0% cap · market cap 6.64%
Second Best
Office B
$302.0K
$264.3K – $352.4K
NOI $21,141 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$622.1K
$544.3K – $725.8K
NOI $43,546 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Turn-key, recently remodeled medical office condo offered as a move-in ready owner-user opportunity.
Where is this medical office space located?
The property is located at 300 Sierra College Dr Grass Valley, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Move‑in ready medical office condo; Recently remodeled medical office space; Owner‑user opportunity on Sierra College Drive
