Property profile

408 Colfax Ave Grass Valley, CA 95945

OFF-MARKET
Investment properties
Property ID
US09-2958645
4,800 SF 0.35 ac lot Built 1978
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1978
Construction WOOD
Total area 4,800 SF
Lot 0.35 ac (15,245 SF)
Zoning code C
APN 009-260-003-000
UPID US09-2958645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Insurance Agency
  • Take-out & Catering Catering Service
  • Apartment Building

Location

408 Colfax Ave Grass Valley, CA 95945-6848
Grass Valley metro Census 602 TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$690k
Comparable Approach Comparable
$812k
Blend (final) Blend
$785k

Owner & transaction history

since 2016
2 recorded transactions
2016
$750,000
1996
Price N/A

Zoning & alternative use

C · Grass Valley, CA
Top alternative use upside
Office building $820,000 +4.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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