848 Gold Flt Rd Nevada City, CA 95959-3208
This exceptional 25,000-square-foot Class A industrial building, constructed in 1985, sits on a 7.71-acre lot in Nevada City's Gold Flat Business Park. Currently, approximately 23,000 square feet is available for lease, with the possibility of leasing the entire building with six months' notice. The two-story steel-frame structure features movable partitions, minimal columns, and ample flexibility for various uses, including manufacturing, flex space, warehouse, R&D, and office space. The EC zoning permits a wide range of employment-centered activities. The property boasts 166 parking spaces, one loading dock, and an elevator. Two additional pad sites offer potential for future expansion. Located just half a mile from Highways 49 and 20, this property enjoys a serene setting near Pioneer Park, offering easy access to both the Sacramento and Reno/Tahoe markets, and proximity to the San Francisco Bay Area. The minimum leasable space is 1,500 square feet, with the maximum contiguous space being the entire 25,000 square feet. The building is in excellent condition and offers cost-effective tenant improvement opportunities. Nevada City's thriving high-tech and cultural scene, combined with its highly-rated schools and stunning natural surroundings, makes it a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
I · Nevada City, CANevada City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.