Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Grass Valley, CA 95945
    Back to Search
    Property profile & analytics

    , Grass Valley, CA 95945

    View on Map
    • Manufacturing properties
    • 0.15 lot acres
    Off-Market
    Property ID
    US09-4576943
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details

    Lot size
    0.15 lot acres
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    009-230-028-000
    APU
    9230028000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 2, 2015 $375,000 Lebata INC Thomas A Aceituno Grant Deed —
    Mar 9, 2009 — Miles,scott D Scott D Miles Quit Claim Deed · related $250k · Citizens Bk/nthrn Ca
    — — Miles,scott D — Deed Of Trust · related $500k · Citizens Bk/nthrn Ca
    — — Michael B Fairweather — Deed Of Trust · related $150k · El Dorado Savings Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grass Valley
    County
    Nevada
    State
    California
    Longitude
    -121.054
    Latitude
    39.2204
    CBSA code
    46020
    CBSA name
    TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,668
    $156,676
    $0.00
    $156,676
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $895,000
      7,628 SF

      12295 Charles Dr

      MANUFACTURING (LIGHT)
      12295 Charles Dr, Grass Valley, CA 95945-9371
      View Details
    • Value Estimation
      $1,465,000
      16,460 SF

      345 Crown Pt Cir

      MANUFACTURING (LIGHT)
      345 Crown Pt Cir, Grass Valley, CA 95945-9526
      View Details
    • Value Estimation
      $1,420,000
      11,762 SF

      500 Idaho Maryland Rd

      MANUFACTURING (LIGHT)
      500 Idaho Maryland Rd, Grass Valley, CA 95945-5912
      View Details
    • Value Estimation
      $4,900,000
      44,590 SF

      180 Litton Dr

      MANUFACTURING (LIGHT)
      180 Litton Dr, Grass Valley, CA 95945-5076
      View Details
    • Value Estimation
      $2,670,000
      25,082 SF

      12435 Loma Rica Dr

      MANUFACTURING (LIGHT)
      12435 Loma Rica Dr, Grass Valley, CA 95945-9548
      View Details
    • Value Estimation
      $1,190,000
      13,120 SF

      109 Spg Hl Dr

      MANUFACTURING (LIGHT)
      109 Spg Hl Dr, Grass Valley, CA 95945-5965
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,952 SF

      Industrial Condo in Grass Valley

      3,952 SF industrial condo with flexible M-1 zoning.
      110 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $1,750,000

      Commercial Condo Units For Sale

      Two commercial condo units totaling ±13,576 SF for sale.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $3,000,000

      Manufacturing Warehouse Near Nevada Airport

      29,000 SF manufacturing warehouse with office and clean room.
      13355 Nevada City Ave, Grass Valley, CA 95945
      View Details
    • $3,000,000

      Manufacturing Warehouse Near County Airport

      29,000 SF manufacturing warehouse near Nevada County Airport.
      13355 Nevada City Ave, Grass Valley, CA 95945
      View Details
    • $495,000

      Commercial Condos with Warehouse Space

      Two contiguous commercial condo units with office and warehouse space.
      143 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $605,000

      Industrial Warehouse Property

      For-sale warehouse space with straightforward access via Idaho Maryland Rd and Spring Hill Drive.
      110 Spring Hill Dr, Grass Valley, CA 95945
      View Details

    Similar Nearby for Lease

    • $1.20 SF/Yr

      Commercial Condo Units For Lease

      Two contiguous commercial condo units totaling ±13,576 SF.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr

      Commercial Condo Units For Lease

      Two commercial condo units totaling ±13,576 SF available for lease.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • Contact for pricing

      Industrial Buildings Near Nevada County Airport

      Two industrial buildings totaling ±10,000 SF near Nevada County Airport.
      12817 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • Contact for pricing
      2,777 SF

      Industrial/Office/Storage Space Available

      2,777 SF industrial/office/storage space for rent.
      155 Spring Hill Dr, Grass Valley, CA 95945
      View Details
    • $1.00 SF/Yr

      Industrial Buildings Near Nevada Airport

      Two industrial buildings totaling ±10,000 SF near Nevada County Airport.
      12817-12819 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    • $1.20 SF/Yr

      Renovated Industrial Units with Yard

      Light industrial units for lease with yard and recent renovations.
      12555 Loma Rica Dr, Grass Valley, CA 95945
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Grass Valley, CA 95945
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Grass Valley, CA, 95945
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!