2391 Nevada City Hwy Grass Valley, CA 95945
- Land
- 2.87 lot acres
Current Use by Public Records
- Land
Property Details for 2391 Nevada City Hwy
- Lot size
- 2.87 lot acres
- Property type
- Land
Description
Invest in prime commercial land in Grass Valley, California. This offering comprises 2.87 acres of C-2 zoned land, part of a four-lot development anchored by Tractor Supply Company, the largest rural lifestyle retail chain in the US. The property enjoys a high-traffic location in the Glenbrook/Brunswick Basin, Nevada County's busiest retail hub. Lots 1 & 2 are ideal for retail pad sites directly in front of Tractor Supply, while Lots 4 & 5 are suited for mixed-use development, including multi-family housing, hotels, medical facilities, or live/work spaces. A Buxton Report highlights over $200 million in annual regional retail sales leakage, underscoring the high demand in this supply-constrained market. The property boasts superb Nevada City Highway frontage, offering excellent visibility and accessibility. Individual lots range from 0.42 to 1.56 acres, and the potential exists to assemble additional available lots for larger-scale projects. This is a top-priority infill site in a thriving retail market with record-low housing inventory, presenting a unique opportunity for significant return on investment. The permitted zoning allows for a wide range of uses, including retail, hotels, mixed-use multi-family, schools, and offices.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grass Valley
- County
- Nevada
- State
- California
- Longitude
- -121.035
- Latitude
- 39.2421
