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Property profile & analytics
OFF-MARKET
Industrial land

101 New Mohawk Rd Nevada City, CA 95959-3226

0.8 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3878655
Property summary
AI-generated overview

This exceptional 1.36-acre property in Nevada City, CA, presents a unique opportunity for light industrial development. Located at 101 New Mohawk Rd, 95959, this site boasts a prime location at the entrance to Nevada City's Gold Flat Business Park, a designated "green zone" permitting specific cannabis uses (conditional use permit required). The property comprises two contiguous parcels, offering easy access to Highway 49/Gold Flat exit (approximately half a mile). All city utilities are readily accessible. Zoning allows diverse uses, including auto service/sales, contractor shops/yards, office space, medical facilities, manufacturing, warehousing (excluding mini-storage), and studios. Mobile home park development and cannabis cultivation are also permissible with a conditional use permit. While the total acreage is 1.36 acres, greenbelt and easement considerations result in a net developable area of approximately 0.95 acres. Conceptual plans illustrate two light industrial, front-loading, high-bay buildings totaling 10,000 square feet, each potentially divisible into separate units. The property is classified as Class B and is situated in Nevada County. This single-tenant property offers significant potential for a variety of industrial and commercial ventures. The property is designated as Industrial, Land, and Special Purpose. The building size is 10,000 square feet.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.8 ac (34,848 SF)
Zoning code I
APN 037-060-064-000
UPID US09-3878655
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Nacf I Holdings LLC · 7 yrs held
Nacf I Holdings LLC
since 2018
7 recorded transactions
2018
Price N/A
2015
$175,400
2007
$275,000
2003
$117,000
2002
Price N/A
1995
$185,000
1995
Price N/A
Zoning & alternative use
I · Nevada City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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