Property profile

244 Commercial St Nevada City, CA 95959

OFF-MARKET
Retail space
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Property ID
US09-3631815
4,080 SF 0.06 ac Built 1862
Last sale Jan 2006·$1,035,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A historic retail live-work building of approximately 4,000+ square feet was originally constructed by the Kelsey Brothers circa 1853. The ground floor features a preserved storefront on Commercial Street and is configured for retail use, while the business operating there is a separate matter. The second story contains a loft space of nearly 2,000 square feet with high ceilings, wide plank original wood floors, and old iron shutters that open onto the street below; it also has a separate…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$870k
Assessed land$348k
Assessed improvement$522k
Effective rate1.07%

Value estimate

· Nov 2026
$785k
$707k – $864k
Submarket $/SF estimate$697k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$148/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$78 – $237
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionNEVADA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.2
Convenience Store9.1
Electrical Service8.6

Location

244 Commercial St Nevada City, CA 95959-2507
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
307 Spg, Nevada City, CA 95959-2400 $1,150,000 Jan 2025 3,936 SF
315 Broad, Nevada City, CA 95959-2405 $1,200,000 Nov 2023 4,979 SF
220 Main, Nevada City, CA 95959-2527 $795,000 Jun 2022 3,169 SF
110 Pne, Nevada City, CA 95959-2517 $680,000 Jan 2022 2,948 SF
312 Broad, Nevada City, CA 95959-2406 $800,000 Oct 2020 3,538 SF
15382 Washington, Nevada City, CA 95959 $435,000 Dec 2018 3,190 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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