107 New Mohawk Rd Nevada City, CA 95959-3226
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
I · Nevada City, CANevada City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.