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Property profile & analytics
OFF-MARKET Estimated value $1,490,000
Office buildings

1740 Main St Grass Valley, CA 95945-4023

530 SF 0.01 ac lot Built 2006
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5134045
Property summary
AI-generated overview

This exceptional 2,756-square-foot executive office space is available for lease in the prestigious Lake Olympia Business Park in Grass Valley, CA. Located at 1740 East Main Street, zip code 95945, this single-tenant suite offers a highly visible street-facing location with stunning city and mountain views. Built in 2006, the property boasts top-of-the-line finishes throughout, including attractive hardwood floors, vaulted ceilings with skylights, and abundant natural light. The interior features a gorgeous lobby with a fireplace, large executive offices with adjacent smaller secretarial offices, spacious conference rooms, four bathrooms, and a kitchenette. The property is zoned for commercial use and is ideally suited for a variety of professional businesses, such as law offices or financial services firms. The business park offers ample parking and is conveniently located just five minutes from both downtown Grass Valley and downtown Nevada City, providing easy access to a range of amenities and a strong local clientele. The property's highly visible signage and proximity to adjacent retail, business, and restaurants make it an ideal location for establishing a thriving business. The total building size is 7,781 square feet, with the available space comprising approximately 2,756 square feet.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2006
Total area 530 SF
Lot 0.01 ac (435 SF)
APN 035-310-055-000
UPID US09-5134045
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
Current use
Occupant on record · Public records
  • Olympia Mortgage & Investment Co., Inc Loan Service Bank
  • Corcoran Pruett LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.49M
Owner & transaction history
Daniel Craig Jacuzzi · 4 yrs held
Daniel Craig Jacuzzi
since 2021
Last sale
$1.5M
2 recorded transactions
2021
$1.5M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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