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33237383
33237369

14724 North Bloomfield-Graniteville Road, Nevada City, CA 95959

AS
CA 01039993
$2,150,000
7 days on market
Updated 7 days ago

14724 North Bloomfield-Graniteville Road

Details
Property Type Mixed Use, Industrial (+1)
Sub Type Single Family Rental Portfolio, Manufacturing (+1)
Square Footage 32,050
Units 30
Cap Rate 13.56%
NOI $291,540
Occupancy 60%
Tenancy Multi
Pro-Forma Cap Rate 21.8%
Pro-Forma NOI $468,600
Price per SqFt $67
Year Built 1960
Year Renovated 2018
Buildings 8
Acreage 15.600
Zoning Mixed
Ground Lease No
Ceiling Height 18
Dock High Doors 1

30+ Units and Residential Complex on 15.6 Acres

Marketing description

Presenting The Nail Factory, a legendary 15.6-acre live-work compound and one of only twelve properties in Nevada County uniquely zoned for a combination of Residential, Agricultural, and Light Industrial use. This rare asset is located just minutes from the world-famous Yuba River and features a high-capacity industrial park and an expansive residential complex nestled in the Sierra Nevada foothills. The industrial core consists of the 16,500 sqft Madrone Building and the 3,700 sqft Cedars Building, currently housing over 30 rental units and equipped with PGE industrial 3-phase power, a 150kW Caterpillar backup generator, and 150Mb fiber internet. Additional outbuildings include a 1,300 sqft horse barn and a separate 336 sqft permitted shed. The residential compound is anchored by a 3,500 sqft 3 bedroom, 3 bath main home, a 2,200 sqft pool house, a 450 sqft detached granny cottage, and a versatile 5700 sqft Quonset building/ workshop. Beyond the workspace, the western Back Forty offers five acres of pristine forest, nature trails, and 25 level campsites, making it an ideal venue for gatherings or retreats. This is a significant value-add opportunity, as the property is being sold with professional engineering plans and as-built permitting work already in progress with Jackson & Sands Engineering. With its robust infrastructure, established rental income, and one-of-a-kind zoning, The Nail Factory represents a premier investment or creative headquarters in a world-class Northern California location.

Listing Contacts

AS
CA 01039993

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$291,540.00
$24,295.00/mo

Valuation Metrics

0
DSCR
13.56%
Cap Rate
13.56%
ROI

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Additional Information

Name
Ryan A Rosas
License
01951343
Brokerage
eXp Realty
Title
Broker of Record
Brokerage Address
204 W Main Street #101
Name
Alan Savage
License
01039993
Brokerage
eXp Realty
Brokerage Phone
5303866236
Title
Real Estate Broker Associate
Brokerage Address
204 West Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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