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    110 Spring Hill Dr Grass Valley, CA 95945

    Sponsored
    For Sale
    $605,000

    3,952 SF Warehouse, Owner-User

    Property size:
    3,952 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,952 square foot industrial condo in Grass Valley, CA, presents a compelling owner-user opportunity. Located at 110 Spring Hill Drive, Units 4 & 5, this property boasts 18-foot ceilings and a 12x12 roll-up door, ideal for various industrial uses. The unit includes a small office and bathroom. The property is part of a larger 43,000 square foot complex built in 1989, offering a professionally managed owners association. Current HOA fees are approximately $0.26 per square foot per quarter, covering hazard insurance, parking lot maintenance, landscaping, and roof maintenance (a new roof was installed approximately two years ago). A $0.13/SF/quarter surcharge for the roof will be removed once paid off, reducing future HOA fees. The property benefits from all city utilities (water and sewer) and is zoned M1. Adjacent units are also available for purchase, potentially expanding the total square footage to 7,900. The asking price is $605,000, with competitive seller financing terms available upon credit approval. Occupancy is available June 1, 2024. This is one of the few industrial condo projects in Grass Valley with city utility access. The property features grade-level loading and is fully sprinklered.

    Property Features for 110 Spring Hill Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    3,952 SF

    Building Details

    Units
    2

    HighLights

    • 3,952 SF industrial condo in Grass Valley, CA, ideal for owner‑users.
    • Located at 110 Spring Hill Drive, Units 4 & 5, featuring 18‑foot ceilings and a 12x12 roll‑up door.
    • Includes small office and bathroom.
    • Part of a 43,000 SF complex with professional HOA (approx. $0.26/SF/quarter, including hazard insurance, parking, landscaping, and a recently replaced roof).
    • M1 zoning, city utilities, and grade‑level loading; fully sprinklered.
    • Adjacent units available for purchase (potential 7,900 SF total).
    Property Profile Location Intelligence

    Current Use by Public Records

    Ames Designs Art Gallery Snell Casting Jewelry Manufacturer Arrow Mountain Screen ... Screen Printer Sierra Nevada Ambulance ... Ambulance Service BrewBilt Brewing Company Brewery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.0410506
    Latitude
    39.2241762

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    FAQs

    What type of property is this?
    Distribution property - 3,952 SF Warehouse, Owner-User
    Where is this distribution property located?
    The property is located at 110 Spring Hill Dr Grass Valley, CA.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: 3,952 SF industrial condo in Grass Valley, CA, ideal for owner-users.; Located at 110 Spring Hill Drive, Units 4 & 5, featuring 18-foot ceilings and a 12x12 roll-up door.; Includes small office and bathroom.
    Request Owner's contact information
    110 Spring Hill Dr Grass Valley, CA 95945
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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
    110 Spring Hill Dr Grass Valley, CA 95945
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