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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
314 Main St Grass Valley, CA 95945-6424
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US09-0371561
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
TILT-UP CONCRETE
Total area
3,198 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C
APN
008-341-001-000
UPID
US09-0371561
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
-
The Center For the Arts Theater & Performing Art Venue
-
Center for performing Arts Theater & Performing Art Venue Music Venue
-
Balloon Circus & Entertainment Nightclub Music Venue
-
The Granucci Gallery Art Gallery
-
Pioneer Arts Inc. Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$625k
Owner & transaction history
Northern Ca Center For The Art · 17 yrs held
Northern Ca Center For The Art
since 2009
7 recorded transactions
Zoning & alternative use
C · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$545,000
+16.6%
Commercial (general)
$525,000
+11.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$470,000
Current use
OFFICE BUILDING
$545,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$525,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$195 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$528
Tax year 2024
Assessed value
$1,565,542
Assessed 2024
Previous assessed
$1,565,542
+0.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$318,620
Assessed improvement
$1,246,922
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
3,198 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C
APN
008-341-001-000
UPID
US09-0371561
Jurisdiction
NEVADA
Zoning & alternative use
C · Grass Valley, CA
Zoning C · permitted uses
C · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$470,000
OFFICE BUILDING
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$525,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Northern Ca Center For The Art
Individual
Mailing address
314 W MAIN ST, GRASS VALLEY, CA 95945-6424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2019
—
Northern California Ctr For Th
—
Deed
related
$500,000 · Michael Funk
Sep 11, 2018
—
Northern California Center For The
—
Deed
related
$3,600,000 · River Valley Community Bank
Feb 10, 2009
—
Northern Ca Center For The Art
Northern Ca Center For The Art
Quit Claim Deed
related
$185,000 · Citizens Bk/nthrn Ca
Dec 31, 2002
—
Northern California Center For
Binder,jon
Grant Deed
$625,000 · Gold Country Lenders INC
Oct 16, 2001
$309,000
Jon Blinder
Metropolitan Beauty College In
Grant Deed
$600,000 · Gold Country Lenders INC
—
—
Northern California Center
—
Deed Of Trust
related
$125,000 · Granucci Family 1997 Trust
—
—
Northern California Ctr For Th
—
Deed Of Trust
related
$500,000 · Michael Funk
—
—
Northern California Ctr For Th
—
Deed Of Trust
related
$1,000,000 · Michael Funk
—
—
Northern California Center Art
—
Deed Of Trust
related
$655,000 · Granucci Trust
—
—
Northern Califonia Center Arts
—
Deed Of Trust
related
$70,000 · Citizens Bank Nevada County
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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