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Property profile & analytics
OFF-MARKET Estimated value $2,160,000
Office buildings

900 Main St Grass Valley, CA 95945-5853

23,131 SF 1.06 ac lot Built 2002
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0070213
Property summary
AI-generated overview

This exceptional three-story, 23,137 square foot office building in Grass Valley, CA, presents a compelling investment or owner-user opportunity. Located on a 1.06-acre lot, this Class B property boasts 100% occupancy with a diverse tenant mix, generating solid cash flow. Built in 2003, the building features a freshly painted exterior, elevator service, and extensive recent upgrades, including fiber optic networking throughout and a fully automated HVAC system. The property benefits from a highly desirable NC-FLEX zoning designation, allowing for a wide range of uses, including hotel, retail, medical, multi-family, office, live/work, and mixed-use development. Situated near Sierra College, Sierra Nevada Memorial Hospital (a major regional hospital), and numerous technology and manufacturing companies, including Texas Instruments and General Dynamics, this location offers unparalleled access to a thriving community. The building also includes secure underground parking and 21 individual storage units. Conveniently located 64 miles from Sacramento International Airport, this property offers exceptional potential for long-term growth and return on investment. Partial owner financing may be available.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2002
Construction TILT-UP CONCRETE
Total area 23,131 SF
Lot 1.06 ac (46,173 SF)
Zoning code C
APN 035-360-015-000
UPID US09-0070213
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
  • Jodi Snyder Physician
  • Joel Herrera Marriage Or Relationship Counselor
  • Rachel Pena-Roos Foster Care Service Social Service Agency
  • Danelle Riles Foster Care Service Social Service Agency
  • Kirsten Loar Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.23M
Blend (final) Blend
$2.16M
Owner & transaction history
Grass Valley Commed LLC · 7 yrs held
Grass Valley Commed LLC
since 2018
7 recorded transactions
2018
$1.5M
2013
Price N/A
2006
Price N/A
2006
$5.0M
2004
$3.4M
2003
$3.0M
2002
$5,000
Zoning & alternative use
C · Grass Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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