733 Zion Street, Nevada City, CA 95959
Well-maintained 8-unit office property with individual bathrooms, HVAC, and ample parking for tenants and owner-occupants.
- Added:
- Feb 12, 2026
- Days on Market:
- 135
- Last Refresh:
- Jun 25 at 9:11 pm
Property Features for 733 Zion Street
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.80 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1978
Listing office Coldwell Banker Grass Roots Realty (530) 913-9879
Listing date Feb 12, 2026
Source Exitrealty
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 Coldwell Banker Grass Roots Realty
HighLights
- 8‑unit office property built in 1978 with 7,200 SF total across 2 parcels totaling 34,848 SF +/-
- Individual bathrooms and individual HVAC systems for each unit
- Parking for 40 spaces, including 6 covered carport spaces
- Utilities include city sewer, city water, and natural gas; owner pays city sewer & water
- 2026 proforma projects $83,038 NOI at a 7.2% cap rate, based on 93.8% occupancy
- Located near Hwy 49, Hwy 20, and Historic Nevada City
Overview
The asset is described as having high visibility and is positioned near major regional routes, including proximity to Hwy 49 and Hwy 20, as well as Historic Nevada City. City sewer, city water, and natural gas are available, supporting efficient utility service for the building’s tenants.
For leasing and ownership use, the unit-by-unit bathroom and HVAC setup can appeal to professional and office-based tenants seeking independence within a shared property. The offering is also presented as an owner-occupant opportunity, supported by a 2026 proforma projecting $83,038 of Net Operating Income at a 7.2% cap rate, based on 93.8% occupancy. Per the owner’s proforma inputs, the owner pays city sewer and water.
Local Financial Insights For Office B
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 | $155.5k | $21.60 |
| − Vacancy | −$38.9k | −$5.40 |
| EGI | $116.6k | $16.20 |
| − OpEx | −$29.2k | −$4.05 |
| NOI | $87.5k | $12.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Nevada City
- County
- Nevada
- State
- California
- Longitude
- -121.0254481
- Latitude
- 39.2533532
