Private End-Unit Office
For Sale
$219,000
565 Brunswick Road Unit 15, Grass Valley, CA 95945
Move-in-ready office condominium with private workspaces, shared-area flexibility, and on-site parking near the unit.
Property Size1,554 SF
Price / SF$140.93
Days on Market351
Property Features for 565 Brunswick Road Unit 15
General Information
Standard status
Active
Size
1,554 SF
Property subtype
Office
Additional Details
Furnished
Yes
Amenities
Central Air
Commercial Condo
Public.
Building Details
Year Built
1985
Listing Agency:
Century 21 Cornerstone Realty
9138598
Listed By:
Dianna Helms · License #00713462
9138598
Source:
Xome
Added: Sep 14, 2025
Changed: Aug 29
Last Checked: Aug 29 at 7:22PM
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 Century 21 Cornerstone Realty
Investment Insights
Based on property information with market context.
This 1,554-square-foot office condominium is an end unit with a private interior arrangement and central air. The layout includes five private offices, an open multi-station work area, a conference room, a large reception area, and an interior private restroom. Crown molding, a faux copper Victorian-style ceiling, abundant windows, and views toward a forested greenbelt add distinctive interior character. Office furnishings are also available.
The condominium association maintains the exterior building, grounds, parking lot, and HVAC system. Convenient parking is located close to the office. The configuration may accommodate shared occupancy with other professionals, including use of the conference area, and the seller may consider a lease with an option to purchase.
The condominium association maintains the exterior building, grounds, parking lot, and HVAC system. Convenient parking is located close to the office. The configuration may accommodate shared occupancy with other professionals, including use of the conference area, and the seller may consider a lease with an option to purchase.
Key Highlights
- 1,554 SF office condominium built in 1985
- End‑unit layout with five private offices
- Open multi‑station workspace, conference room, reception area, and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,881
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$377,620
$377.6K
Cap Rate 7%
$269,729
$269.7K
Cap Rate 9%
$209,789
$209.8K
Market Conditions
NOI Build-Up for 1,554 SF
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.
Gross rent
$33.6K $21.60/SF
− Vacancy
−$8.4K −$5.40/SF
EGI
$25.2K $16.20/SF
− OpEx
−$6.3K −$4.05/SF
NOI
$18.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$377,620
Cap Rate 7%
$269,729
Cap Rate 9%
$209,789
Alternative Uses
Best Use
Office B
$269.7K
$236.0K – $314.7K
NOI $18,881 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$555.6K
$486.1K – $648.2K
NOI $38,891 @ 7.0% cap · market cap 17.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
794
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in-ready office condominium with private workspaces, shared-area flexibility, and on-site parking near the unit.
Where is this office units located?
The property is located at 565 Brunswick Road Unit 15 Grass Valley, CA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 1,554 SF office condominium built in 1985; End‑unit layout with five private offices; Open multi‑station workspace, conference room, reception area, and private restroom
