- For Sale $2,850,000
- Property Type Office - R&D - Office
- Property Size 29,088 SF
- Lot Size 6.38 Acre
- Cap Rate % 9
- Building Class C
- Year Built 1985
- Date Updated Sep 18, 2026
Description
Prime Low-Coverage Multi-Tenant Office/R&D Asset with In-Place Income Perfect For Owner-User or Value-Add Investor
Tucker Commercial is pleased to present 870 Gold Flat Rd, 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, the property produces ~$16,000/month in rental income with ~13,000 SF of high-quality office space available for immediate use. 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 approx. 9.0%.
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Contacts
Tucker Commercial
Location
Tucker Commercial
