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Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Industrial land
12270 La Barr Mdws Rd Grass Valley, CA 95949-9582
Individually Owned
Free & Clear
Property ID
US09-0236681
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
8.3 ac (361,548 SF)
Zoning code
I
APN
022-160-033-000
UPID
US09-0236681
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
$3.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.79M
Owner & transaction history
Nevada Irrigation District
Nevada Irrigation District
since 2026
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
I · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grass Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grass Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,790,000
ML approach
$3,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±10% · vs last sale $2.65M (Jun 30 2023)
Last sale anchor
$2.65M
Jun 30 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$144,868
Assessed 2023
Previous assessed
$144,868
+0.0% YoY
Assessed land
$144,868
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
8.3 ac (361,548 SF)
Zoning code
I
APN
022-160-033-000
UPID
US09-0236681
Jurisdiction
NEVADA
Zoning & alternative use
I · Grass Valley, CA
Zoning I · permitted uses
I · Grass Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grass Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
8.3 ac
Current owner
From public records · entity-resolved
Nevada Irrigation District
Individual
Free & Clear · 0 yrs held
Mailing address
950 MAIDU AVE, NEVADA CITY, CA 95959-8600
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
—
Nevada Irrigation District
County Of Nevada
Grant Deed
—
Feb 13, 2025
—
State Of California Department Of T
County Of Nevada
Grant Deed
—
Jun 30, 2023
$2,650,000
County Of Nevada
James R Hopper
Grant Deed
—
Aug 17, 2011
—
Hopper,james R & Jami M
South Hill Inv Props LLC
Grant Deed
$298,000 · Grill Fred 2000 Trust (pt)
Mar 30, 2010
$2,115,000
Compass Bk
Stewart Title Of Ca INC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Apr 4, 2006
—
Catlin Grass Valley LLC
Sierra Pacific Industries
Grant Deed
$4,108,000 · Guaranty Bank
Jun 4, 2004
$514,500
Zora M Biagini
Fackrell Trust
Grant Deed
$411,000 · New Century Mortgage
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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