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Property profile & analytics
OFF-MARKET
Industrial land

107 New Mohawk Rd Nevada City, CA 95959-3226

0.56 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-4699829
Property summary
AI-generated overview

Exceptional opportunity to acquire two contiguous light industrial zoned parcels (LI-PD) totaling 1.36 gross acres in Nevada City, CA. This prime corner lot, situated at the entrance to Nevada City's Gold Flat Business Park, boasts convenient access—approximately half a mile from Highway 49/Gold Flat exit. The property benefits from readily available city utilities including water, sewer, natural gas, and power. While the gross acreage is 1.36 acres, greenbelt and other easements result in a net developable area of roughly 0.95 acres. This "green zone" location allows for certain cannabis uses, subject to a Conditional Use Permit (CUP). Permitted uses under the current zoning include auto service/sales, contractor shops/yards, office space, medical facilities, manufacturing, warehousing (excluding mini-storage), and studios. Mobile home park development is also permitted with a CUP. Conceptual plans illustrate the potential for two light industrial, front-loading, high-bay buildings totaling 10,000 square feet—each divisible into separate units. The seller is open to build-to-suit options for qualified users or tenants. The asking price for this exceptional property is $345,000. Don't miss this chance to secure a strategic location in a thriving business park.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.56 ac (24,393 SF)
Zoning code I
APN 037-060-066-000
UPID US09-4699829
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nacf I Holdings LLC · 7 yrs held
Nacf I Holdings LLC
since 2018
6 recorded transactions
2018
Price N/A
2015
$175,300
2007
$275,000
2003
$117,000
1995
Price N/A
1995
$185,000
Zoning & alternative use
I · Nevada City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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