Current Use by Public Records
- Land
Property Details for 419 Sierra College Dr
- Lot size
- 2.13 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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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
- -121.059
- Latitude
- 39.2371
