Nevada City, CA
Commercial Real Estate Market Trends & Data

$254 Avg asking sale price
$18 Avg asking lease rate
7,355 SF Avg unit lease size
11,439 SF Avg building size for sale
6.68% Average cap rate

Nevada City's Demographic Profile

Nevada City has 1,419 households and a median income of $61,071, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 3,116
# Households 1,419
Median age 53
Median household income $61,071
Avg household size 2.0
Renter-occupied housing units 579
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Nevada City, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Nevada City $252 10,896 SF 9.00%
Grass Valley $278 7,316 SF 9.00%
Brownsville $73 4,073 SF 5.61%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Nevada City $83 30,569 SF 9.00%
Grass Valley $153 23,987 SF 9.00%
Brownsville $73 4,073 SF 5.61%
Auburn $177 43,984 SF 6.21%
Nearby Retail Markets Avg Cost/SF Typical Size
Nevada City $205 13,045 SF
Washington $121 8,206 SF
North San Juan $274 2,000 SF
Grass Valley $219 9,440 SF
Colfax $1,290 2,866 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Grass Valley $320 1,554 SF 5.00%
Penn Valley $546 1,728 SF 5.00%
Auburn $442 6,214 SF 5.50%
Marysville $193 16,310 SF 6.80%

Commercial Properties For Sale in Nevada City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

00 Union St

Nevada City, CA 95959

  • 0.01 AC Lot
  • 1 Commercial Lot
  • $30,000
For Sale

The Griggs Building

Nevada City, CA 95959

  • 10,223 SF Office Building
  • 5.53% Cap Rate
  • $3,100,000
For Sale

565 Brunswick Rd

Grass Valley, CA 95945

  • 20,844 SF Office Building
  • $199,000
For Sale

14724 N Bloomfield Rd

Nevada City, CA 95959

  • 32,050 SF Flex Building
  • $2,150,000
For Sale

825 Zion St

Nevada City, CA 95959

  • 1,256 SF Office Building
  • $565,000
For Sale

224 Church St

Nevada City, CA 95959

  • 5,052 SF Office Building
  • $2,465,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Nevada City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Nevada City $254 11,439 SF
Washington $121 8,206 SF
North San Juan $385 2,000 SF
Camptonville $719 1,600 SF
Grass Valley $226 13,193 SF

Regional Demographic Comparison

This comparison places Nevada City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Nevada City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Nevada City 3,116 1,419 53 $61,071 2 579 -1%
Grass Valley 13,782 6,110 48 $44,747 2 3,321 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Nevada City, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Nevada City

View All Commercial Real Estate For Sale in Nevada City
Is Nevada City a good market for a first-time commercial real estate investor?

Nevada City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Nevada City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Nevada City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Nevada City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Nevada City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Nevada City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Nevada City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Nevada City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Nevada City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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