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    6400 Douglas Blvd Granite Bay, CA 95746

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    For Sale
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    3.47 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.47-acre commercial land parcel is situated on Douglas Boulevard in Granite Bay, California, a highly desirable area known for its affluent residents and high traffic volume. The property boasts a strategic location on a major arterial road, experiencing over 37,000 vehicles daily. Previously entitled for a 60-bed memory care facility (entitlements expired, but easily renewable per Placer County Planning), this land presents significant development potential. The current zoning is RA-100-B (Residential Agriculture), allowing for a variety of uses. Per Placer County Planning, permitted and conditional uses include education and public assembly (houses of worship, community centers, schools, museums), residential (cluster lot development, residential care homes), and service uses (child and adult day care, animal boarding, medical clinics, veterinary clinics). The property's location within Granite Bay offers access to a strong daytime business population exceeding 96,081 employees within a 5-mile radius and an average household income of $172,505 within a 3-mile radius. The 2023 population within a 3-mile radius is 26,063. This presents a unique opportunity for developers seeking a prime location in a thriving community with high-income demographics. Interested parties should verify permitted uses with Placer County Planning for complete details. The zip code is 95746.

    Property Features for 6400 Douglas Blvd

    General Information

    Property type
    Land
    Lot Size
    151,153 SF

    HighLights

    • 3.47‑acre commercial land parcel in Granite Bay, CA's affluent submarket.
    • High traffic count exceeding 37,000 vehicles daily on Douglas Boulevard.
    • Strong daytime business population exceeding 96,081 employees within a 5‑mile radius.
    • Average household income of $172,505 within a 3‑mile radius.
    • 2023 population within a 3‑mile radius is 26,063.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granite Bay
    County
    Placer
    State
    California
    Longitude
    -121.1841576
    Latitude
    38.7430584

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 3.47 Acres, Prime Location
    Where is this land located?
    The property is located at 6400 Douglas Blvd Granite Bay, CA.
    What are key features of this property?
    This property features: 3.47-acre commercial land parcel in Granite Bay, CA's affluent submarket.; High traffic count exceeding 37,000 vehicles daily on Douglas Boulevard.; Strong daytime business population exceeding 96,081 employees within a 5-mile radius.
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    6400 Douglas Blvd Granite Bay, CA 95746
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6400 Douglas Blvd Granite Bay, CA 95746
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