Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1020 Mccourtney Rd Grass Valley, CA 95949-7453

    • Office buildings
    • 11,636 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    $1,150,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-4449931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Brighton Greens Office Park / Business Service Center / Corporate Office
    • Sierra Physical Therapy and Rehab Inc. / Physician
    • Community Beyond Violence / Charitable Organization / Social Service Agency
    • 1020 McCourty / Hair Salon / Nail Salon

    Property Details for 1020 Mccourtney Rd

    Year built
    2001
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    11,636 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    029-210-013-000
    APU
    29210013000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,227,000
      Market price range: $1.23M - $2.75M
      AI Estimate
      $814,000
      Market price range: $676k - $2.13M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,905,000
      RETAIL STORES
      $1,700,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.074
    Latitude
    39.2089
    CBSA code
    46020
    CBSA name
    TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,124
    $192,480
    $1,067,396
    $1,259,876
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,035,000
      14,724 SF

      11363 Mccourtney Rd

      PROFESSIONAL BUILDING • 14,724 SF
      11363 Mccourtney Rd, Grass Valley, CA 95949-9759
      View Details
    • Value Estimation
      $510,000
      3,919 SF

      901 La Barr Mdws Rd

      PROFESSIONAL BUILDING • 3,919 SF
      901 La Barr Mdws Rd, Grass Valley, CA 95949-7703
      View Details
    • Value Estimation by Request
      1,492 SF

      901 La Barr Mdws Rd

      PROFESSIONAL BUILDING • 1,492 SF
      901 La Barr Mdws Rd, Grass Valley, CA 95949-7703
      View Details
    • Value Estimation by Request
      2,320 SF

      15533 Johnson Pl

      PROFESSIONAL BUILDING • 2,320 SF
      15533 Johnson Pl, Grass Valley, CA 95949-6899
      View Details
    • Value Estimation by Request
      1,103 SF

      901 La Barr Mdws Rd

      PROFESSIONAL BUILDING • 1,103 SF
      901 La Barr Mdws Rd, Grass Valley, CA 95949-7703
      View Details
    • Value Estimation
      $3,535,000
      33,705 SF

      944 Mccourtney Rd

      PROFESSIONAL BUILDING • 33,705 SF
      944 Mccourtney Rd, Grass Valley, CA 95949-7401
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Highway 49 Commercial Live/Work Property

      Commercial zoned 1.04-acre property with live/work opportunity.
      Little Valley Rd, Grass Valley, CA 95949
      View Details
    • $245,000
      14.48 Acres

      Grass Valley Acreage: Build Your Dream

      14.48 acres in Grass Valley, ready for your dream home.
      18891 Tanglewood Hollow Way, Grass Valley, CA 95949
      View Details
    • $1,100,000
      5.00 Acres

      Grass Valley Affordable Housing

      48 Units, Prime Location, Grant Funded
      22630 Cameo Dr, Grass Valley, CA 95949
      View Details
    • Contact for pricing

      Grass Valley Agricultural Land Opportunity

      10.1 acres in Grass Valley with well and septic.
      Hallwood Pl, Grass Valley, CA 95949
      View Details
    • Contact for pricing

      10 Acres with Creek Frontage

      Raw land with creek, ideal for countryside retreat.
      Clover Valley Rd, Grass Valley, CA 95949
      View Details
    • $1,772,400
      8.44 Acres

      Grass Valley Industrial Land - 8.44 Acres

      Prime Nevada County industrial land, M1 zoning.
      12022 Ln Barr Mdws Rd, Grass Valley, CA 95949
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,214 SF

      Pine Creek Shopping Center: Grass Valley

      Prime Grass Valley Retail Opportunity
      692 Freeman Ln, Grass Valley, CA 95949
      View Details
    • Contact for pricing

      Retail Hub Anchored by Raley's

      Shopping center anchored by Raley's, Starbucks, JC Penney, and Petco.
      692 Freeman Ln, Grass Valley, CA 95949
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space For Lease

      Retail space available for lease in Grass Valley, CA.
      111-151 W Mcknight Way, Grass Valley, CA 95949
      View Details
    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.
    1020 Mccourtney Rd
    Grass Valley, CA 95949-7453
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!