Property summary
This exceptional 16,000-square-foot industrial property, located at 424 Crown Point Cir, Grass Valley, CA 95945, presents a compelling investment opportunity. Situated on a 2.14-acre lot within the prestigious Whispering Pines Business Park, this building boasts a versatile floor plan ideal for research and development or manufacturing. Currently leased under a NNN lease with a tenant vacating in December 2024, the property offers a strong cash flow stream until then, generating an approximate… Net Operating Income (NOI) of $252,000 and an 8.26% cap rate. Built in 1992, the building features a stick frame construction with stucco exterior and metal roof, and has been meticulously maintained and updated. Modern amenities include a rain catchment system, multi-level key card access, and a recently installed 150 kW Kohler generator hard-lined to natural gas, capable of powering the entire building. The interior layout includes exterior window-lined offices, interior work/manufacturing stations, and specialized manufacturing/testing rooms. The property is zoned I (Grass Valley: SP1-A) and offers significant potential for owner-users or investors seeking a free-standing building in a desirable location. The asking price is $3,050,000, translating to $202.16 per square foot. This represents a unique opportunity to acquire a highly functional building well below replacement cost, with the flexibility to continue leasing or occupy the space after the current lease expires.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 13,387 SF
- Lot area
- 2.14 ac
- Year built
- 1992
- Stories
- 2
- APN
- 009-700-060-000
- Zoning
- I
- Assessed value · 2024
- $2,411,200
- Annual tax · 2024
- $26,509
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Location Insight
- Alternative use
- Local Zoning Insight
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