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Property profile & analytics
OFF-MARKET
Land

1450 Main St Grass Valley, CA 95945

3.93 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.93-acre parcel presents a prime opportunity for multi-family development in Grass Valley, California. Located at 1450 E Main St, this R-3 zoned land boasts over 1000 feet of frontage on East Main Street, just one-third of a mile from Highway 49, and situated between two major intersections. The property's gentle upslope topography offers a coveted southern exposure and desirable views. Its convenient location places it within walking distance of a variety of amenities, including restaurants, shopping centers, medical facilities, Sierra College, a hospital, and a country club. The site is easily divisible, offering flexibility for development plans. This rare infill property combines a pastoral feel with the advantages of high-density zoning, aligning perfectly with the City's General Plan. All utilities are available at the site. The APN is 35-320-70. The asking price is $849,000.

Property profile
Verified
Property type Land
Lot 3.93 ac (171,191 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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