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2391 Nevada City Highway $554,000

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    2391 Nevada City Highway Grass Valley, CA 95945

    • 0.88 Acres
    • Land
    • MLS# 20041022
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    Property Details

    One of four tentative-map commercial lots ranging in size from .42 to 1.56 acres. These parcels have highly coveted C-2 commercial zoning allowing retail, hotel, mixed-use multi-family, school, offices and more. Tractor Supply Company, the largest rural lifestyle retail chain in the US, is the planned anchor tenant located at the center of this development. The property is situated in the Glenbrook/Brunswick Basin, the busiest retail hub in Nevada County. The Buxton Report on retail potential commissioned by the City identified over $200m in regional retail sales leakage annually to outside areas, making these new lots highly desirable in a severely supply-constrained market. Lots 1 & 2 represent highly coveted retail pad sites positioned in front of the TSC store, which can be combined for a total of 1.3 acres. Lots 4 & 5 could allow for mixed-use development consisting of market-rate multi-family rental or sale housing and can be combined for a total of 1.57 acres.

    • General Features
      • Acreage 0.88
      • Approx. Lot Sq. Ft. 38333
      • HOA No
      • HOA Dues $0
      • Current Use Bare Land
      • County Nevada
    • Property Features
      • # of Lots 0
      • Road Surface Paved
      • Road Frontage Highway Exposure, Highway Frontage, Public Maintained Rd
      • Outbuildings Other-Rmks
      • Irrigation Public Water at Site, Water Dist Public
      • Water Public District
      • Utility Electricity to Site, Natural Gas to Site, Phone to Site, Underground
      • Vegetation Other-Rmks
      • Crops Other-Rmks
      • Improvements Paved
      • Special Conditions Other-Rmks
      • Probable Use Commercial, Multi-Residential
      • Equipment Included Other-Rmks
    • Schools
      • Elementary School Grass Valley
      • Middle School Nevada Joint Union
      • High School Grass Valley

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    Neighborhood

    95945 (Grass Valley) Demographics

    50 Median Age
    400 Population Density (per sq. mile)
    39% College Educated
    $43,636 Estimated Median Income
    6,579 Estimated Total Home Owners
    4,783 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,712 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    54 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $554,000
        7/16/2020 1:15:00 PM New in Database Source New Value: $554,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 10/26/2020 1:44:33 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.