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    21600 Higgins Rd Auburn, CA 95602

    Sponsored
    For Sale
    Contact for pricing

    1.94-acre commercial pad, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.94-acre commercial land parcel presents a unique retail development opportunity within a new, Holiday Market-anchored shopping center in Auburn, California. Strategically located off Highway 49 and accessible via a new traffic signal from Combie Road, this site benefits from high daily traffic counts: approximately 32,500 vehicles on Highway 49 and 16,000 on Combie Road. The property's ideal position within the center places it adjacent to Holiday Foods, the sole full-service grocery store serving the Lake of the Pines community. This underserved market includes a significant residential population and Bear River High School, with an estimated 1,025 students, creating a substantial customer base. The site is situated in the Northern Auburn market, providing access to a thriving community. The address is 21600 Higgins Rd, Auburn, CA 95602, within Nevada County. This is a rare chance to establish a retail presence in a high-traffic area with strong demographics and a proven anchor tenant. The property is zoned for commercial use and offers significant potential for a variety of retail businesses. This land parcel is ready for development and represents an excellent investment opportunity.

    Property Features for 21600 Higgins Rd

    General Information

    Property type
    Land
    Lot Size
    84,506 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Nevada
    State
    California
    Longitude
    -121.09255940952
    Latitude
    39.040606947169

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    FAQs

    What type of property is this?
    Land - 1.94-acre commercial pad, prime location.
    Where is this land located?
    The property is located at 21600 Higgins Rd Auburn, CA.
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    Auburn, CA 95602
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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
    21600 Higgins Rd Auburn, CA 95602
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