+-6 Acre 4-Lot Light Industrial / Office Land - Divisible!

Whispering Pines Ln/Cambridge Ct Grass Valley, CA 95945

Whispering Pines Ln/Cambridge Ct, Grass Valley, CA, 95945
Whispering Pines Ln/Cambridge Ct, Grass Valley, CA, 95945
FOR SALE
Property Type:
Commercial Land Development
Amount:
$275,000
Last Verified:
May 04, 2020

Highlights

  • 4 contiguous lots with 1000' of road frontage.
  • Road infrastructure & city utilities in place.
  • Office, clean industrial, medical, business serving retail, warehousing, assembly uses.
  • Divisible.
  • Highly desirable Whispering Pines Business Park location.

Description

A 5.81 acre corner parcel consisting 4 separate contiguous parcels with approximately 1000' of frontage on Whispering Pines Lane and Cambridge Court. Located in the desirable Whispering Pines Business Park and only blocks from the recently approved 450 acre Loma Rica Ranch Development which will consist of up to 700 new homes, supporting retail uses. Underground City utilities already in place! This is an exceptional development site directly in the path of progress. Perfect for office, medical, tech industrial, lab, assembly, warehouse/showroom, restaurant, motel and mixed-use. The property is divisible as follows: i) entire site - 4 parcels; ii) parcels 1 & 2 only (3.25 acres); and iii) parcels 3 & 4 only (2.56 acres). Available engineering feasibility analysis shows the entire property capable of accommodating up to 48,000 buildable square feet; Lots 1 &2 - 23,000 SF; and Lots 3 & 4 - 21,000 SF.

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video tech, digital media & other high-tech industries, balanced by national-caliber arts & entertainment sectors. With superb schools & multiple national awards relating to unbeatable quality of life, the region continues to attract residents & businesses from nearby Sacramento & the Bay Area.

Whispering Pines Business Park is Nevada County’s largest master planned business park situated on 155 acres less than a mile east of Highway 49 and centrally located within Grass Valley. Originating in the late 1980’s, the area currently contains approximately 600,000 square feet of office and light industrial uses in approximately 50 buildings. National tenants include Analog Devices, Belden/Grass Valley and TE Connectivity.

Lot Size: 5.81 acres

Map of Whispering Pines Ln/Cambridge Ct, Grass Valley, CA, 95945

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.