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    10124 Commercial Ave Penn Valley, CA 95946

    For Lease
    $19 SF/Yr

    Prime Penn Valley office suites available.

    Lot size:
    15,097 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Gateway Center, located at 10124 Commercial Ave in Penn Valley, CA 95946, offers exceptional retail and office space within Nevada County. This multi-tenant property totals 15,097 square feet, with 1,615 square feet currently vacant. The available space is ideal for businesses seeking a presence in a thriving community. Two contiguous spaces are available, ranging from 1,440 to 1,615 square feet, providing flexibility for various business needs. The property's strategic location provides convenient access to the residents of the nearby Lake Wildwood gated community, boasting almost 3,000 homes situated in a picturesque, wooded setting on a large lake. This presents a unique opportunity to tap into a substantial and affluent customer base. The property is classified as both retail and traditional office space, making it suitable for a diverse range of businesses. The building's address is easily accessible and visible from Commercial Avenue, ensuring high visibility for your business. This prime location offers a blend of natural beauty and convenient access to a significant residential population, making it an attractive proposition for businesses seeking growth and stability. Inquire today to learn more about this exciting opportunity.

    Property Features for 10124 Commercial Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,097 SF
    Total Rate
    24004.23

    Unit(s) available at that property

    Space
    Suite 10132/10134
    Size
    1,440 SF
    Rate per SF
    $19
    Space
    Suite 10124
    Size
    1,615 SF
    Rate per SF
    $19

    HighLights

    • Excellent access to Hwy 20.
    • Located near the affluent Lake Wildwood gated community.
    • Strong demographics of professionals, business owners, and retirees.
    • Excellent tenant mix of office, retail, and dining establishments.
    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
    -121.2038757
    Latitude
    39.2071138

    Nearby Comparable

    • $22 SF/Yr
      15,174 SF

      Gateway Center Executive Suites

      Penn Valley Office Space Available
      10138 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
    • Contact for pricing
      9,214 SF

      Pine Creek Shopping Center: Grass Valley

      Prime Grass Valley Retail Opportunity
      692 Freeman Ln, Grass Valley, CA 95949
      View Details
    • $2 SF/Yr
      1,800 SF

      Retail Space For Lease

      Retail space available for lease in Grass Valley, CA.
      111-151 W Mcknight Way, Grass Valley, CA 95949
      View Details
    • $24 SF/Yr
      960 SF

      140 Litton Dr

      Medical offices
      140 Litton Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr
      2,400 SF

      Commercial Condo Units For Lease

      Two commercial condo units totaling ±13,576 SF available for lease.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details

    Nearby Similar for Lease

    • $22 SF/Yr
      15,174 SF

      Gateway Center Executive Suites

      Penn Valley Office Space Available
      10138 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 - Prime Penn Valley office suites available.
    Where is this office property / space located?
    The property is located at 10124 Commercial Ave Penn Valley, CA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Excellent access to Hwy 20.; Located near the affluent Lake Wildwood gated community.; Strong demographics of professionals, business owners, and retirees.
    Request Owner's contact information
    10124 Commercial Ave Penn Valley, CA 95946
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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
    10124 Commercial Ave Penn Valley, CA 95946
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