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Property profile & analytics
OFF-MARKET
Land

300 Dorsey Dr Grass Valley, CA 95945

3.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.12-acre vacant lot presents a remarkable opportunity for multifamily development in the desirable Grass Valley, California market. Located at 300 Dorsey Drive, 95945, this property boasts an R3 zoning designation, allowing for the construction of multi-unit residential buildings. The expansive lot size provides ample space for a substantial project, catering to the growing demand for housing in the area. The APN is 035-412-006. Its strategic location offers proximity to existing multifamily complexes, suggesting a well-established residential neighborhood. The asking price for this prime development land is $995,000. This represents a significant investment opportunity for developers seeking to capitalize on the thriving housing market in Nevada County. The property's size and zoning make it ideal for a variety of multifamily housing projects, from apartments to townhouses. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a substantial piece of land in a highly sought-after location.

Property profile
Verified
Property type Land
Lot 3.12 ac (135,907 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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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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