Property profile

1-11 Providence Mine Rd Nevada City, CA 95959

OFF-MARKET
Land
15 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre commercial development site in Nevada City, CA (Lots 1-11 Providence Mine Rd, 95959) offers eight light industrial lots for sale individually or as a bulk purchase at a significant discount. The lots range in size from 0.5 to 3.5 acres, with the possibility of combining parcels to create a contiguous site of up to approximately 6 acres. These ready-to-build lots come with development agreement entitlements extending through 2030, allowing for an additional 170,000 square feet of development. Permitted uses include light assembly, manufacturing, repair (conducted within a building), R&D, laboratories, offices, studios, and cabinet shops. The property boasts unparalleled park amenities, including 20 acres of open space, an extensive trail network, basketball and bocce ball courts, picnic areas, and readily available fiber optic internet service. Planned on-site workforce housing adds to the appeal. The location offers convenient access to the 7-Hills Bus District, the emerging cultural and social center of Nevada City. The property is zoned LI-DA (Light Industrial Development Agreement). This is a unique opportunity to acquire prime commercial land in a thriving community with exceptional amenities and development potential.

Property profile

Verified
Property type Land
Lot 15 ac (653,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1-11 Providence Mine Rd Nevada City, CA 95959
Nevada City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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