Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1781 Main St Grass Valley, CA 95945-5147
    Property profile & analytics

    1781 Main St, Grass Valley, CA 95945-5147

    View on Map
    • Office buildings
    • 0.24 lot acres
    Off-Market
    Last Sale Feb 3, 2026
    $550,000
    Property ID
    US09-3495661
    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.
    Value Estimations
    $550,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Adventure Travel / Travel Agency

    Property Details for 1781 Main St

    Lot size
    0.24 lot acres
    Property type
    Office buildings
    APN
    035-310-058-000
    APU
    35310058000

    Description

    This meticulously renovated Class A office building, located at 1781 E Main St, Grass Valley, CA 95945, presents a unique owner-user opportunity. The 1,500-1,550 square foot building sits on a 0.24-acre lot and underwent a complete renovation in 2019, including new plumbing, electrical, and HVAC systems. Features include a spacious main office area, an inviting waiting area, and a private office with its own restroom and shower. A significant advantage is the attached 560 square foot garage, providing secure and convenient access. Exterior amenities include a freshly paved parking lot with seven parking spaces (one ADA compliant), landscaping with a waterfall feature, and ADA-compliant wheelchair access. The building boasts abundant natural light, a standing seam metal roof, and is equipped with high-speed internet and cable. The property also includes a dedicated low-voltage cabinet and a 200-amp service panel with a sub-panel in the garage. The permitted zoning is Office/Professional. The asking price is $599,000. This is a turnkey opportunity for a discerning buyer seeking a high-quality, well-maintained office space in a desirable location. The sale is for the real estate only

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.04
    Latitude
    39.2354
    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
    $4,551
    $145,639
    $276,502
    $422,141
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $515,000
      2,501 SF

      13366 Grass Vly Ave

      PROFESSIONAL BUILDING
      13366 Grass Vly Ave, Grass Valley, CA 95945-9549
      View Details
    • Value Estimation by Request
      5,496 SF

      102 Catherine Ln

      PROFESSIONAL BUILDING
      102 Catherine Ln, Grass Valley, CA 95945-5701
      View Details
    • Value Estimation
      $1,800,000
      19,361 SF

      175 Joerschke Dr

      PROFESSIONAL BUILDING
      175 Joerschke Dr, Grass Valley, CA 95945-5259
      View Details
    • Value Estimation
      $1,540,000
      14,229 SF

      950 Main St

      PROFESSIONAL BUILDING
      950 Main St, Grass Valley, CA 95945
      View Details
    • Value Estimation
      $1,550,000
      10,364 SF

      113 Presley Way

      PROFESSIONAL BUILDING
      113 Presley Way, Grass Valley, CA 95945-5833
      View Details
    • Value Estimation
      $750,000
      3,644 SF

      11101 Rough And Ready Hwy

      PROFESSIONAL BUILDING
      11101 Rough And Ready Hwy, Grass Valley, CA 95945-8530
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,750 SF

      Stand Alone Office Building

      Stand alone office building in the Grass Valley area.
      131 South Auburn St, Grass Valley, CA 95945
      View Details
    • Contact for pricing
      2,264 SF

      Downtown Grass Valley Office Building

      Centrally located office building with income potential in downtown Grass Valley.
      231 E Main St, Grass Valley, CA 95945
      View Details
    • Contact for pricing
      14,229 SF

      Two-Story Office Building For Sale

      Two-story office building with high occupancy in Grass Valley, CA.
      950 E Main St, Grass Valley, CA 95945
      View Details
    • Contact for pricing

      Luxury Office Condo in Brunswick

      Turn-key office condo with high-end finishes and flexible layout.
      565 Brunswick Rd, Grass Valley, CA 95945
      View Details
    • $495,000

      Commercial Condos with Warehouse Space

      Two contiguous commercial condo units with office and warehouse space.
      143 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $2,614,058

      Medical Office Near Sierra Hospital

      Leased medical office space near Sierra Nevada Memorial Hospital.
      280 Sierra College Dr, Grass Valley, CA 95945
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Buildings Near Nevada County Airport

      Two industrial buildings totaling ±10,000 SF near Nevada County Airport.
      12817 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr

      Commercial Condo Units For Lease

      Two contiguous commercial condo units totaling ±13,576 SF.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • Contact for pricing
      2,777 SF

      Industrial/Office/Storage Space Available

      2,777 SF industrial/office/storage space for rent.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $2.00 SF/Yr
      10,172 SF

      Office/Retail Buildings For Lease

      Two separate office/retail buildings for lease in Gold Country Center.
      841 Sutton Way, Grass Valley, CA 95945
      View Details
    • Contact for pricing

      Professional Office Space Available

      High-quality office space in desirable Grass Valley location.
      140 Litton Dr, Grass Valley, CA 95945
      View Details
    • Contact for pricing

      Office/Retail Space in Business Park

      Available office or retail space in a centrally located business park.
      1740 E Main St, Grass Valley, CA 95945
      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.
    1781 Main St
    Grass Valley, CA 95945-5147
    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

    Thank You for Inquiry
    1781 Main St, Grass Valley, CA, 95945
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!