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    10138 Commercial Ave Penn Valley, CA 95946

    For Lease
    $22 SF/Yr

    Penn Valley Office Space Available

    Lot size:
    15,174 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Gateway Center, located at 10138 Commercial Ave in Penn Valley, CA 95946, presents a prime opportunity for businesses seeking executive office space. This two-story building offers a total of 15,174 square feet, with a minimum divisible space of 210 square feet and a maximum contiguous space of 357 square feet. Currently, 2,095 square feet are vacant and available for lease. The property is ideally situated to serve the residents of the nearby Lake Wildwood gated community, boasting nearly 3,000 homes within a picturesque lakeside setting. This location provides excellent access to a substantial and affluent residential population. The building's classification as "Executive Office" suggests a high-quality finish and amenities suitable for professional businesses. The property is located in Nevada County, California, offering a blend of natural beauty and convenient access to local amenities. The address is easily accessible and provides ample visibility for businesses seeking a strong presence in the area. Interested parties should inquire about lease terms and available spaces. The building's multi-tenant structure allows for flexibility in space requirements, catering to both small and expanding businesses. This presents a unique opportunity to establish a presence in a thriving community with a strong residential base. The available space is ready for immediate occupancy.

    Property Features for 10138 Commercial Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,174 SF
    Total Rate
    28678.86

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    2nd Floor Suite 104
    Size
    357 SF
    Rate per SF
    $22
    Space
    2nd Floor Suite 106
    Size
    306 SF
    Rate per SF
    $22
    Space
    2nd Floor Suite 110
    Size
    306 SF
    Rate per SF
    $22
    Space
    2nd Floor Suite 108
    Size
    238 SF
    Rate per SF
    $22

    HighLights

    • Excellent access to Hwy 20.
    • Second‑floor executive suites available.
    • Prime location near Lake Wildwood's upscale homes and golf course.
    • Strong demographics of professionals, business owners, and retirees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penn Valley
    County
    Nevada
    State
    California
    Longitude
    -121.203754
    Latitude
    39.2071708

    Nearby Comparable

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      Prime location near Lake Wildwood and future Holiday Market.
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    Nearby Similar for Lease

    • $19 SF/Yr
      15,097 SF

      Gateway Center: Penn Valley Office Space

      Prime Penn Valley office suites available.
      10124 Commercial Ave, Penn Valley, CA 95946
      View Details
    • $1.59 SF/Yr
      336 SF

      Retail and Office Space Available

      Prime location near Lake Wildwood and future Holiday Market.
      10118-10144 Commercial Ave, Penn Valley, CA 95946
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Penn Valley Office Space Available
    Where is this office property / space located?
    The property is located at 10138 Commercial Ave Penn Valley, CA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Excellent access to Hwy 20.; Second-floor executive suites available.; Prime location near Lake Wildwood's upscale homes and golf course.
    Request Owner's contact information
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    Penn Valley, CA 95946
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10138 Commercial Ave Penn Valley, CA 95946
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