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10 Nove Way
Valley Springs, CA 95252

Nove Plaza · Retail Property For Sale

Investment Highlights

  • Current cap 5.43% with 41% vacancy. Proforma Cap 8.67% with 19% vacancy
  • Located along the highly traveled CA State Route 26, near CA State Route 12 junction
  • Amazing foothill value add opportunity.
  • Built in 2005, priced at $103 PSF, far below replacement cost
  • Surrounded by national retailers, including CVS, Dollar General, Ace Hardware, Grocery Outlet, Burger King, Taco Bell, AutoZone, O'Reilly Auto Parts,

PROPERTY FACTS

Property Type
Retail
Building Size
16,000 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.45 AC
Zoning
C2-PX
Parking
85 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
491 FT on Nove Way

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
046-016-079-000
Land Assessment
$46,818
Improvements Assessment
$1,565,802
Total Assessment
$1,612,620
  • Listing ID: 20779944

  • Date on Market: 8/28/2020

  • Last Updated:

  • Address: 10 Nove Way, Valley Springs, CA 95252

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