2005 Nicolaus Rd Lincoln, CA 95648
- Commercial real estate
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2005 Nicolaus Rd
- Lot size
- 5.00 lot acres
- Property type
- Commercial real estate
- APN
- 021-310-018 : 021-310-019
Description
This exceptional 5-acre commercial land parcel, located at 2005 & 2035 Nicolaus Road in Lincoln, California (zip code 95648), presents a unique investment opportunity. The property, identified by APN numbers 021-310-018 and 021-310-019, is priced at $2,100,000, translating to a land value of $100,000 per square foot. Currently configured as 21 tentative mapped lots, ranging in size from 6,700 to 15,000 square feet, this site offers significant potential for development. The possibility exists to combine this parcel with 55 adjacent lots, creating a total of 76 large lots, significantly increasing the overall development potential. The property benefits from readily available utilities, including gas, electricity, city water, and sewer connections. Lincoln's strong demographics further enhance this opportunity, boasting a 2019 US Census population of 48,275, a median household income of $88,734, and a median property value of $447,600. The ample lot sizes also allow for the potential inclusion of Accessory Dwelling Units (ADUs), adding to the overall value and appeal of the development. This prime Placer County location offers exceptional potential for a variety of commercial ventures.
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
- Lincoln
- County
- Placer
- State
- California
- Longitude
- -121.3151793
- Latitude
- 38.8961236
