Nevada City Homes with Research & Development Property Subtype

Welcome to Nevada City, California—a hidden gem nestled in the Sierra Nevada foothills, where history meets innovation. Known for its charming Gold Rush-era architecture and vibrant arts scene, Nevada City is not just a picturesque destination; it’s also a thriving hub for research and development. With a population that embraces creativity and sustainability, the city fosters an environment where ideas flourish, making it an ideal location for those interested in homes with Research & Development property subtypes.

Imagine living in a community that values both its rich heritage and forward-thinking initiatives. Nevada City boasts a unique blend of natural beauty and modern conveniences, with lush forests and stunning river views just steps from your door. The local economy is bolstered by a diverse range of industries, from technology startups to eco-friendly businesses, creating an exciting landscape for innovation.

Homes designed for research and development in Nevada City cater to those who seek a balance between work and leisure. These properties often feature spacious layouts, inspiring surroundings, and the necessary infrastructure to support cutting-edge projects. Whether you’re an entrepreneur, a researcher, or simply someone passionate about innovation, you’ll find that Nevada City offers the perfect backdrop for your endeavors.

With its welcoming community, rich cultural offerings, and a commitment to sustainability, Nevada City is not just a place to live; it’s a place to thrive. Explore the possibilities of making this enchanting city your home, where your dreams of research and development can become a reality amid breathtaking scenery and a spirited community.

Newest Nevada City Homes with Research & Development Property Subtype

$2,850,000

226049007 MLS

870 Gold Flat Rd is a 29,088 SF multi-tenant office/R&D/industrial building on 6.38 acres in Nevada City, CA. Priced at $2,850,000 ($97.97/SF), the property is offered at a significant discount to replacement cost and presents a compelling opportunity for owner-users or value-add investors. Currently 55% occupied with 2 long-term tenants in place Mini Mania (15+ years) and Ensemble Legacy (20+ years), both with deep operational roots and capital investment in the property the building produces ~$16,000/month in rental income with ~13,000 SF of high-quality office space available for immediate use. Flexible layouts include open office areas, private offices, vaulted ceilings, and a commercial kitchen. Infrastructure highlights include a high-capacity owned solar system, backup generator, ample parking, 3 roll-up doors, and strong site circulation. An owner-user could occupy the vacant space while offsetting costs with in-place income, or an investor could lease up the vacancy to achieve a pro forma cap rate of approximately 9.0%. The low-coverage site (FAR 0.19) also offers potential for additional development.

870 Gold Flat Road, Nevada City

Listing courtesy of Tucker Commercial.

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