Mixed-Use Building with
424 Crown Point Circle, Grass Valley, CA 95945
For Sale
Contact for pricing
Office, research, and light manufacturing areas are complemented by both dock and grade-level loading.
Property Size16,000 SF
Lot Size2.14 Acres
Price / SF$140.63
Days on Market19
Property Features for 424 Crown Point Circle
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Warehouse Space
Dock-High Doors
Drive-In Doors
Heavy Power
Additional Details
Condition
Asking Price
Highway Access
Property Use
Amenities
conference room
break room
key card access system
rain catchment system
generator
Building Details
Year Built
Buildings
Stories
Building Size
Listing Agency:
Tucker Commercial
Listed By:
Tyson Tucker · License #01804034
(530) 272-7222
Source:
Crexi
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 4:25PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1992 mixed-use facility combines light manufacturing, research and development, and office functions across approximately 16,000 square feet. The roughly 13,000-square-foot ground floor includes perimeter offices with continuous windows, a conference room, break room, open laboratory space, and about 3,000 square feet of warehouse area with 18-foot clear height. Loading is available through a dock door and a grade-level door. An approximately 3,000-square-foot upper level is positioned above the lab floor. Building systems include a 150 kW natural gas generator, multi-level key card access, and rainwater collection. The property can be delivered vacant.
The improvements occupy a wooded, landscaped parcel of approximately 2.14 acres in Whispering Pines Business Park, Grass Valley. Surface parking is located on three sides of the building, with Highway 49 and downtown Grass Valley minutes away. The business park includes technology firms as well as office and flex businesses.
The improvements occupy a wooded, landscaped parcel of approximately 2.14 acres in Whispering Pines Business Park, Grass Valley. Surface parking is located on three sides of the building, with Highway 49 and downtown Grass Valley minutes away. The business park includes technology firms as well as office and flex businesses.
Key Highlights
- Approximately 16,000 square feet on a ±2.14‑acre parcel
- Ground floor includes offices, conference room, break room, open lab, and approximately 3,000 square feet of warehouse
- Warehouse has 18‑foot clear height, a grade‑level door, and a dock door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,400
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,888,000
$3.9M
Cap Rate 7%
$2,777,143
$2.8M
Cap Rate 9%
$2,160,000
$2.2M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$345.6K $21.60/SF
− Vacancy
−$86.4K −$5.40/SF
EGI
$259.2K $16.20/SF
− OpEx
−$64.8K −$4.05/SF
NOI
$194.4K $12.15/SF
Area
Nevada County, CA
Vacancy
25.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,888,000
Cap Rate 7%
$2,777,143
Cap Rate 9%
$2,160,000
Alternative Uses
Best Use
Office B
$2.78M
$2.43M – $3.24M
NOI $194,400 @ 7.0% cap · market cap 8.64%
Second Best
Mixed Use
$2.14M
$1.87M – $2.50M
NOI $149,850 @ 7.0% cap · market cap 6.66%
Theoretical Best
Specialty Retail
$5.72M
$5.01M – $6.67M
NOI $400,421 @ 7.0% cap · market cap 17.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, research, and light manufacturing areas are complemented by both dock and grade-level loading.
Where is this mixed-use property located?
The property is located at 424 Crown Point Circle Grass Valley, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approximately 16,000 square feet on a ±2.14‑acre parcel; Ground floor includes offices, conference room, break room, open lab, and approximately 3,000 square feet of warehouse; Warehouse has 18‑foot clear height, a grade‑level door, and a dock door
