Nevada Homes with Research & Development Property Subtype

Welcome to the enchanting Nevada County, nestled in the heart of California's Sierra Nevada foothills. Known for its breathtaking landscapes, rich history, and vibrant arts scene, Nevada County is a hidden gem that offers a unique blend of natural beauty and small-town charm. With its picturesque views of the Sierra Nevada mountains, lush forests, and the sparkling waters of its many rivers and lakes, this region is perfect for outdoor enthusiasts and those seeking a serene lifestyle.

In particular, Nevada City, the county seat, is a historic gold rush town that boasts a delightful mix of Victorian architecture, trendy boutiques, and cozy cafes. Its vibrant community hosts numerous events throughout the year, including art festivals, farmers' markets, and music concerts, making it a lively place to call home.

For those with a keen interest in innovation and development, Nevada County also presents an exciting opportunity with its Homes featuring Research & Development property subtype. These unique properties cater to the needs of entrepreneurs, creatives, and tech enthusiasts, providing the perfect environment for collaboration and growth. Imagine living in a stunning home that not only serves as your sanctuary but also as a hub for your innovative projects. With ample space for laboratories, workshops, or creative studios, these homes are designed to inspire and facilitate the pursuit of your passions.

Whether you are looking to immerse yourself in nature, explore local culture, or cultivate your creative endeavors, Nevada County and its charming town of Nevada City offer a lifestyle that is truly one-of-a-kind. Come discover your dream home in this beautiful corner of California!

Newest Nevada 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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