Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Neighborhood Shopping Center For Rent Title is generated by Realmo AI

    1760 Grass Valley Hwy, Auburn, CA 95603

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Neighborhood shopping center with high visibility and access.

    Type:Retail
    Property size:
    96,422 SF
    Added:
    Feb 21, 2024
    Days on Market:
    825
    Last Refresh:
    May 12 at 10:35 pm

    Property Features for 1760 Grass Valley Hwy

    General Information

    Standard status
    Active
    Size
    96,422 SF
    Property subtype
    Retail

    Spaces For Lease

    at 1760 Grass Valley Hwy Contact us

    We can help!

    Listing Contact
    Jenni Tabaka

    Listing agent Jenni Tabaka License #02222330

    Listing office CBRE - Sacramento

    Listing date Feb 21, 2024

    Source Crexi

    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 CBRE - Sacramento

    HighLights

    • Anchored by Best Buy, a major national retailer.
    • Located at the high‑traffic intersection of Highway 49 and Luther Rd.
    • Excellent exposure and visibility from both Highway 49 and Luther Rd.
    • Highway 49 is a major state highway connecting multiple communities.
    • Benefits from heavy traffic flow.
    • Features a major signalized intersection and excellent ingress/egress.

    Overview

    The Plaza is a neighborhood shopping center with a size of approximately 96,422 square feet. It is anchored by Best Buy and situated at the northeast corner of Highway 49 and Luther Road, offering significant exposure and visibility from both roadways. Highway 49 serves as a major state highway connecting communities from Oakhurst to Grass Valley, spanning over 160 miles. The location benefits from substantial traffic volume, a signalized intersection in Auburn, and accessible ingress and egress.
    Location Intelligence

    Current Use by Public Records

    Geek Squad Tech Support Center Hair by Jax Hair Salon SalonCentric (Bike/Boat/Book/etc) Store Woodside Village Mobile ... Cafe & Coffee Shop Bees Radiant Beauties Spa & Massage Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • California DMV Now Kiosk — 2480 Grass Valley Hwy, Auburn, CA 95603
    • Auburn Village — 2222 Grass Valley Hwy, Auburn, CA 95603
    • Auburn Plaza LLC — 1760 Grass Valley Hwy, Auburn, CA 95603
    • Coinstar Kiosk | Bitcoin ATM — Bel Air, 2222 Grass Valley Hwy, Auburn, CA 95603
    • The Plaza — Grass Valley Hwy, Auburn, CA 95603

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Placer
    State
    California
    Longitude
    -121.0864563
    Latitude
    38.9293602

    Nearby Similar for Lease

    • $1.40 SF/Yr
      4,040 SF

      Auburn Office Space For Rent

      Well-maintained office property in a thriving Auburn business park.
      12834 Earhart Avenue, Auburn, CA, 95602
      View Details
    • $1.30 SF/Yr
      3,000 SF

      Steel Building with Roll-Up Door

      Steel building near I-80 and Highway 49 with skylights.
      355 Nevada Street, Auburn, CA, 95603
      View Details
    • $1.35 SF/Yr
      15,816 SF

      Neighborhood Center Retail and Office

      Retail and office spaces available in a neighborhood center.
      11702 Enterprise Drive, Auburn, CA, 95603
      View Details
    • $0.80 SF/Yr
      4,800 SF

      Office/Retail Suites For Rent

      Office and retail suites available for lease.
      210 - 290 Palm Avenue, Auburn, CA, 95603
      View Details
    • $1.25 SF/Yr
      3,240 SF

      Office Space in Auburn, CA

      Office space for lease with highway access and signage.
      161 Palm Avenue, Auburn, CA, 95603
      View Details
    • $14 SF/Yr
      11,346 SF

      Auburn Industrial Spaces Available

      Industrial spaces for rent, ranging from 3,530 to 11,346 SqFt.
      11850 Kemper Rd, Auburn, CA 95603
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Old Town

      Retail spaces available in historic Old Town Auburn.
      130 Maple St., Auburn, CA 95603
      View Details
    • $1.40 SF/Yr
      1,500 SF

      Office Space in Auburn Court

      Office space available for rent in Auburn, California.
      3250 Fortune Court, Auburn, CA, 95602
      View Details
    • $1.25 SF/Yr
      946 SF

      Auburn Office Space For Rent

      Second floor office space available off Highway 49.
      2556 Grass Valley Highway, Auburn, CA, 95603
      View Details
    • $1.25 SF/Yr
      768 SF

      Retail Space in Auburn, CA

      Retail space for lease with building signage and highway access.
      173 Palm Avenue, Auburn, CA, 95603
      View Details
    • $1.35 SF/Yr
      1,050 SF

      Retail Space in Auburn

      Retail space with easy highway access and ample parking.
      11942 Masters Court, Auburn, CA, 95603
      View Details
    • $1.50 SF/Yr
      1,950 SF

      Spacious Office Suite For Lease

      Office suite featuring open areas, private offices, and conference room.
      412 Auburn Folsom Road, Auburn, CA, 95603
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood shopping center with high visibility and access.
    Where is this shopping center located?
    The property is located at 1760 Grass Valley Hwy Auburn, CA.
    What are key features of this property?
    This property features: Anchored by Best Buy, a major national retailer.; Located at the high‑traffic intersection of Highway 49 and Luther Rd.; Excellent exposure and visibility from both Highway 49 and Luther Rd.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jenni Tabaka
    Real Estate License ID: 02222330
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1760 Grass Valley Hwy, Auburn, CA 95603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!