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    Property profile & analytics

    23100 Inch By Inch Rd Grass Valley, CA 95949

    • Commercial real estate
    • 29.92 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-4021131
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 23100 Inch By Inch Rd

    Lot size
    29.92 lot acres
    Property type
    Commercial real estate
    APN
    054-450-002-000

    Description

    This exceptional 29.92-acre parcel in Grass Valley, CA (APN 054-450-002-000), offers breathtaking Sacramento Valley views. Priced at $209,410, this property boasts versatile zoning permitting agricultural, residential, grazing, and livestock uses. Imagine building your dream home or establishing a thriving farm on this expansive land. The lot encompasses 1,303,315 square feet and includes deeded water rights, with the potential for additional water rights through application to NID (availability dependent on application timing). An electricity pole is conveniently located nearby. The property's unique blend of agricultural and residential zoning provides exceptional flexibility for a variety of uses. Enjoy the tranquility of this secluded location, while still having convenient access to Grass Valley amenities. Secured access is in place. This is a rare opportunity to own a significant piece of land in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.2262786
    Latitude
    39.0416257

    Comparable in this City

    • $4,775,000
      171.39 Acres

      Sierra Foothills Ranch Estate

      171 Acres, Luxurious Ranch Home
      16096 Perimeter Rd, Grass Valley, CA 95949
      View Details
    • $439,000

      Nevada County Estate Land - 10 Acres

      10-acre agricultural parcel, build your dream home.
      22498 Retherford Rd, Grass Valley, CA 95949
      View Details
    • $1,500,000
      300.00 Acres

      Hyatt Ranch: Prime CA Land

      300-acre California ranch, hunting, cattle grazing.
      12786 Perimeter Rd, Grass Valley, CA 95949
      View Details
    • $420,000

      40+ Acres Ready to Build

      Land with spectacular views, ready for farming or estate.
      16076 Keson Pl, Grass Valley, CA 95949
      View Details
    • $175,000

      Secluded Land with Valley Views

      12.43 acres of land ideal for a dream home.
      22755 Swenson Ravine, Grass Valley, CA 95949
      View Details
    • $599,000

      Wooded Acreage Near Historic Grass Valley

      23.73+/- acres with wells, close to Grass Valley.
      14205 Windwhistle Way, Grass Valley, CA 95949
      View Details

    Similar Nearby for Sale

    • $439,000

      Nevada County Estate Land - 10 Acres

      10-acre agricultural parcel, build your dream home.
      22498 Retherford Rd, Grass Valley, CA 95949
      View Details
    • $1,500,000
      300.00 Acres

      Hyatt Ranch: Prime CA Land

      300-acre California ranch, hunting, cattle grazing.
      12786 Perimeter Rd, Grass Valley, CA 95949
      View Details
    • $4,775,000
      171.39 Acres

      Sierra Foothills Ranch Estate

      171 Acres, Luxurious Ranch Home
      16096 Perimeter Rd, Grass Valley, CA 95949
      View Details
    • $420,000

      40+ Acres Ready to Build

      Land with spectacular views, ready for farming or estate.
      16076 Keson Pl, Grass Valley, CA 95949
      View Details
    • $175,000

      Secluded Land with Valley Views

      12.43 acres of land ideal for a dream home.
      22755 Swenson Ravine, Grass Valley, CA 95949
      View Details
    • $599,000

      Wooded Acreage Near Historic Grass Valley

      23.73+/- acres with wells, close to Grass Valley.
      14205 Windwhistle Way, Grass Valley, CA 95949
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,214 SF

      Pine Creek Shopping Center: Grass Valley

      Prime Grass Valley Retail Opportunity
      692 Freeman Ln, Grass Valley, CA 95949
      View Details
    • $2 SF/Yr
      1,800 SF

      Retail Space For Lease

      Retail space available for lease in Grass Valley, CA.
      111-151 W Mcknight Way, Grass Valley, CA 95949
      View Details
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    23100 Inch By Inch Rd
    Grass Valley, CA 95949
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    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
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