300 Dorsey Dr Grass Valley, CA 95945
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.