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Property profile & analytics
OFF-MARKET
Land

419 Sierra College Dr Grass Valley, CA 95945

2.13 ac lot
Property ID
Property summary
AI-generated overview

Two adjacent commercial lots totaling 5.91 acres are available for sale in the prestigious Litton Business Park in Grass Valley, California. Located at a signalized corner on Sierra College Drive, this property offers exceptional visibility and accessibility, situated within a half-mile of the Highway 49/20 interchange at Dorsey Drive. The lots, measuring 3.78 and 2.13 acres respectively, can be purchased individually or together for a total asking price of $375,000 ($2.73/sq ft). The CBP zoning allows for a wide range of uses, including corporate office space, medical facilities, light manufacturing, research and development, health clubs, schools, sports facilities, mixed-use developments, residential care facilities, markets, restaurants, retail, banks, and hotels. All city utilities are available on-site. The property boasts proximity to amenities such as a Whole Foods Market, a racquet and swim club, Sierra College, and numerous financial and medical services, as well as a substantial amount of workforce housing. The seller may reserve the right to an easement through the lots. This presents a unique opportunity to develop a significant commercial project in a thriving and highly desirable location. The potential for development is substantial, with over 50,000 square feet of developable space at 20% coverage.

Property profile
Verified
Property type Land
Lot 2.13 ac (92,783 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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