Light Industrial Zoned Parcel by Airport

Charles Drive (Lot 4, Eng. Mt. Ranch) Grass Valley, CA 95945

Charles Drive (Lot 4, Eng. Mt. Ranch), Grass Valley, CA, 95945
Charles Drive (Lot 4, Eng. Mt. Ranch), Grass Valley, CA, 95945 Charles Drive (Lot 4, Eng. Mt. Ranch), Grass Valley, CA, 95945 Charles Drive (Lot 4, Eng. Mt. Ranch), Grass Valley, CA, 95945
FOR SALE
Property Type:
Other Land
Amount:
$429,000
Last Verified:
Nov 02, 2017

Highlights

  • Highly desirable and flexible M-1 (lt. Ind.) zoning.
  • One of only two remaining industrial lots in subdivision.
  • Lot may accommodate up to 35,000 SF.
  • May be combined with adjacent parcel to total 7.6 acres.
  • Combined parcel may accommodate up to 65,000 SF.
  • Ready to develop.

Description

One of only two lots remaining for purchase in the English Mountain Ranch industrial subdivision located in the Loma Rica Industrial Park adjacent to the Nevada County Airport. At 35% coverage, this lot could accommodate a +-35,000 SF industrial building (or a smaller if the planned use is R&D, office, flex, etc.). Power, phone and water are in the street and a perc and mantle has been completed for the on-site septic system. Western Nevada County has a severely limited supply of M-1 (light industrial) zoned parcels so this is a rare and valuable offering. This parcel may be purchased and/or developed in conjunction with an adjacent parcel (Lot 3, priced at $349k), for a total lot size of 7.6 acres.

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.
The subject property is located in the Loma Rica Industrial Park, a 250+ acre business park adjacent to the Nevada County Airport. The park is a primary employment center for Nevada County with more than 20% of all county manufacturing jobs located in this area.

Lot Size: 3.78 acres

Map of Charles Drive (Lot 4, Eng. Mt. Ranch), 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.