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Nevada City CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Nevada City, CA is $592,500. This is higher than the county median home value of $536,250. The national median home value is $277,796. The average price of homes sold in Nevada City, CA is $592,500. Approximately 54% of Nevada City homes are owned, compared to 37% rented, while 9% are vacant. Nevada City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Nevada City real estate agent to arrange a tour today!
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Lot size:
1.52 Acres
Year built:
Courtesy: Ken Switzer - Berkshire Hathaway Home Services California Properties
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Nestled in the woods of the picturesque and authentic Gold Country tourist town of Nevada City, CA, this building is an opportunity for an investor or owner-user to pick up a below-market light industrial & cannabis zoned property. At $84/SF for ~26,336 SF, there is room for substantial value-add or to creatively lease for a rewarding return (pro-forma cap rate ~7.5%). Always one of the most-visited destination spots in the Sierra foothills offering charming historic lodging, restaurants, culture and recreation, Nevada City is now sprouting a vibrant entrepreneurial technology industry. The location is an hour to both Sacramento and Lake Tahoe, within 2.5 hours of the Bay Area, and 7 hours to Los Angeles. See Offering Memorandum in Documents for floorplans, pro-forma, zoning codes, etc.

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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2022 Santa Barbara Association of Realtors

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