2391 Nevada City Hwy Grass Valley, CA 95945
- Land
- 0.42 lot acres
Current Use by Public Records
- Land
Property Details for 2391 Nevada City Hwy
- Lot size
- 0.42 lot acres
- Property type
- Land
Description
This exceptional 0.42-acre commercial lot, located at 2391 Nevada City Hwy, Lot 2, Grass Valley, CA 95945, presents a unique investment opportunity. Boasting highly desirable C-2 commercial zoning, this property allows for a wide range of uses, including retail, hotel, mixed-use multi-family, school, and office developments. Situated within the Glenbrook/Brunswick Basin, the busiest retail hub in Nevada County, this lot benefits from its prime location in a thriving commercial area. The property is part of a larger development anchored by Tractor Supply Company, the largest rural lifestyle retail chain in the US, ensuring high visibility and foot traffic. A recent Buxton Report highlights over $200 million in annual regional retail sales leakage, underscoring the significant demand and potential for this site. This lot, one of four available, offers a coveted retail pad site directly in front of the Tractor Supply store, providing unparalleled exposure. The property's superb Nevada City Highway frontage further enhances its visibility and accessibility. With a reduced asking price of $358,000, this is an exceptional opportunity to capitalize on the strong demand in a severely supply-constrained market. Consider the potential for assembling this lot with additional available parcels for a larger-scale project.
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
- -121.033
- Latitude
- 39.2431
