Food and Beverage Manufacturing
555 Searls Avenue, Nevada City, CA 95959
For Sale
Contact for pricing
The production suite includes process infrastructure and manufacturing equipment that may convey with the property.
Property Size9,580 SF
Lot Size1.21 Acres
Price / SF$200
Days on Market39
Property Features for 555 Searls Avenue
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Additional Details
Asking Price
Heavy Power
Tenant in Place
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Tucker Commercial
Listed By:
Tyson Tucker · License #01804034
(530) 272-7222
Source:
Crexi
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 8 at 3:15PM
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 three-unit manufacturing and laboratory property contains approximately 9,580 square feet on approximately 1.21 acres. Suite 4 offers approximately 3,185 square feet of food and beverage production space, completed in 2018, with storage and distribution on the ground floor and a second-floor break room. Production features include an epoxy-sealed floor, trench drains, overhead process ventilation, an industrial RO water purification system and heavy power. Mixing tanks, a bottling and filling line, and a label applicator may convey. Suite 5 is approximately 2,550 square feet of open shell space with a separate entrance and grade-level loading.
Suite 6 is occupied by Purist Extracts, which has occupied the space since 2020. Its lease was extended in November 2024 for seven years, with two five-year options. The two vacant suites total approximately 5,735 square feet. The property is in Nevada City, California.
Suite 6 is occupied by Purist Extracts, which has occupied the space since 2020. Its lease was extended in November 2024 for seven years, with two five-year options. The two vacant suites total approximately 5,735 square feet. The property is in Nevada City, California.
Key Highlights
- Approximately 9,580 square feet across three units on a 1.21‑acre parcel
- Suite 4 is a 3,185‑square‑foot food and beverage production facility built out in 2018
- Production features include trench drains, process ventilation, industrial RO water purification and heavy power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,378
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,560
$1.8M
Cap Rate 7%
$1,262,543
$1.3M
Cap Rate 9%
$981,978
$982.0K
Market Conditions
NOI Build-Up for 9,580 SF
Gross rent
$132.2K $13.80/SF
− Vacancy
−$5.9K −$0.62/SF
EGI
$126.3K $13.18/SF
− OpEx
−$37.9K −$3.95/SF
NOI
$88.4K $9.23/SF
Area
Nevada County, CA
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,560
Cap Rate 7%
$1,262,543
Cap Rate 9%
$981,978
Alternative Uses
Best Use
Industrial
$1.26M
$1.10M – $1.47M
NOI $88,378 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.43M
$3.00M – $4.00M
NOI $239,752 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Explore this area
Business Placement
Demographics for 95959, CA
18,621
Population
8,840
Households
2.1
Avg Household Size
53
Median Age
45%
College-Educated
96%
High-School Grad
311.9 sq mi
ZIP Area
60
Density / Sq Mi
$79,509
Median Household Income
$36,160
Median Earnings
$1,715
Median Rent
$603,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - The production suite includes process infrastructure and manufacturing equipment that may convey with the property.
Where is this manufacturing property located?
The property is located at 555 Searls Avenue Nevada City, CA.
What is the asking price?
The asking price for this property is $1,916,000.
What are key features of this property?
This property features: Approximately 9,580 square feet across three units on a 1.21‑acre parcel; Suite 4 is a 3,185‑square‑foot food and beverage production facility built out in 2018; Production features include trench drains, process ventilation, industrial RO water purification and heavy power
