Property profile

810 Whispering Pines Ln Grass Valley, CA 95945

OFF-MARKET
Refrigerated & Cold Storage
4,830 SF 0.91 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional 4,830-square-foot cold storage facility, situated on a 0.91-acre lot in Grass Valley, CA's Whispering Pines Business Park (810 Whispering Pines Ln, 95945), presents a compelling investment opportunity. Built in 1988 and extensively renovated in 2021, this property boasts four dock-high loading positions, providing efficient access for loading and unloading. The interior comprises two independently controlled refrigerated spaces (26'x33' and 50'x33', totaling 2,508 sq ft), a separate freezer space (18'x33', 594 sq ft) with its own entrance, and 500 square feet of well-appointed office/administrative space, plus additional upstairs storage. An exterior, insulated dock-high door allows direct connection to storage containers or 52-foot trailers. Each dock position features power outlets for refrigerated trucks. The facility features epoxy floors, two basin sinks, floor drains, new lighting, and 220v electrical outlets. The cold storage infrastructure, including compressors, is professionally maintained and in excellent condition. Zoned SP1-B, this property is uniquely positioned as the only dedicated cold storage building currently operating in Western Nevada County. The asking price reflects a significant discount compared to replacement cost, especially considering the substantial investment in the cold storage infrastructure. Previous use as a state-approved cat food manufacturing facility demonstrates its suitability for various cold storage and food processing applications. This property is perfect for meat storage/processing, cold distribution, cold room food manufacturing, or for an investor seeking to lease to a single tenant or multiple smaller businesses.

Property profile

Verified
Property type Refrigerated & Cold Storage
Year built 1988
Total area 4,830 SF
Lot 0.91 ac (39,640 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

810 Whispering Pines Ln Grass Valley, CA 95945
Grass Valley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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