12731 Loma Rica Dr - Warehouse FOR SALE


Grass Valley, CA 95945
$998,000 USD
530-470-1740
12731 Loma Rica Dr, Grass Valley, CA for Sale
$998,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

12731 Loma Rica Dr
Grass Valley, CA 95945


HIGHLIGHTS

  • Fully occupied 8-unit light industrial investment for value-add buyer or user.
  • All M2M leases at rents 50% below market.
  • Receivership forces sale.
  • Two 6,000 SF metal buildings on 1.31 acre parcel.

OVERVIEW

12731 Loma Rica Dr consists of two 6,000 SF metal multi-tenant front-load light industrial buildings totaling 12,000 square feet, built in the late 1970s and situated on a single parcel of 1.31 acres. Each building contains 4 tenant spaces, each with 100A 3 phase electrical service. The property is being sold by a receiver under court authority and will be sold AS-IS, WHERE-IS and without warranty. The property is currently fully occupied by 4 tenants all on month-to-month leases at rents approximately 50% below market representing an outstanding opportunity for substantial future rental upside. This value-add offering is situated in Grass Valley's primary industrial park only blocks from the Nevada County Airport.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

12731 Loma Rica Dr.

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

Lighting, Gas - Propane, Water - County, Sewer - Septic Field, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.31

LAND SF

57,064

ZONING

M1-SP

APN/PARCEL ID

006-370-063-000

ASK ABOUT THIS PROPERTY

Lock RichardsHighland Commercial, Inc.More Info
530-470-1740

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Lock RichardsHighland Commercial, Inc.More Info
530-470-1740

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.