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Prime Development Land in Truckee

000 Rue Hilltop, Truckee, CA 96161

For Sale
$9,950,000

Development land in historic Hilltop site with approved masterplan.

Property SizeContact for details
Days on Market1040

Property Features for 000 Rue Hilltop

General Information

Standard status Active
Property subtype Land
Listing Agency: Sierra Sotheby's Int - Rock
Listed By: Ron Hemig · License CA #01157345
Source: Exprealty
Added: Jan 10, 2024 Changed: Nov 5 Last Checked: Nov 12 at 10:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sierra Sotheby's Int - Rock

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Investment Insights

Based on property information with market context.

This prime development land is situated in the center of the historic Hilltop site, located directly above Truckee’s Commercial Row and the Truckee River. The property is zoned “Downtown Mixed Use” (DMU), with a large portion dedicated to residential use, including a large multi-family complex in the middle of the village, plus adjoining separate MFR & SFR residential neighborhoods further up the hill. Another segment is zoned Downtown Commercial, allowing for a large area of commercial development, including the nearby Hilltop cabins, with possible bonus commercial footage. The land also includes a 60-door hotel site. This is one of two master-planned communities in Truckee, approved after years of town and public review. The other development is The Railyard project, now under construction. The site has a Town-approved masterplan for development. Very attractive seller financing is available.

Key Highlights

  • Prime development land in the historic Hilltop site, centrally located above Truckee's Commercial Row and the Truckee River.
  • Town‑approved masterplan for development (multi‑year process).
  • Zoned "Downtown Mixed Use" (DMU) allowing for residential (including multi‑family) and commercial development.

Property Analytics

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Parking Lot & Garage Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

Demographics for 96161, CA

19,651
Population
18,558
Households
1.1
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
262.6 sq mi
ZIP Area
75
Density / Sq Mi
$128,535
Median Household Income
$71,281
Median Earnings
$2,104
Median Rent
$922,000
Median Home Value

Market

Properties on Market for Commercial land in Nevada County

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Development land in historic Hilltop site with approved masterplan.
Where is this commercial land located?
The property is located at 000 Rue Hilltop Truckee, CA.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Prime development land in the historic Hilltop site, centrally located above Truckee's Commercial Row and the Truckee River.; Town‑approved masterplan for development (multi‑year process).; Zoned "Downtown Mixed Use" (DMU) allowing for residential (including multi‑family) and commercial development.
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