Litton Business Park Lots 13 & 14

Litton Business Park Lots 13 & 14 Grass Valley, CA 95945

Litton Business Park Lots 13 & 14, Grass Valley, CA, 95945
Litton Business Park Lots 13 & 14, Grass Valley, CA, 95945
FOR SALE
Property Type:
Commercial Land Development
Amount:
$449,000
Last Verified:
Oct 31, 2019

Highlights

  • Signalized corner lots in exclusive Litton Business Park
  • 50,000+ developable SF at 20% coverage.
  • Walk to groceries, cafe, deli, healthclub, housing, medical & more
  • Zone for office, medical, lt. industrial, mixed-use, educational, residential care, etc.
  • Two lots, available together or separately

Description

Sperry CGA - Highland Commercial, as exclusive agent, presents the last two available "corporate business park" lots in Litton Business Park, the most prestigious financial and medical business center in the region. The lots are located at a signalized corner within 1/2 mile from the new Highway 49/20 interchange at Dorsey Drive and walking distance to the popular BriarPatch whole foods store, the Ridge Racquet and Swim Club, Sierra College, numerous financial and medical services, and a wide array of workforce housing. The parcels are available separately or may be purchased and developed together for a larger project. CBP zoning provides opportunities for corporate office, medical, labs, light manufacturing, R&D, health clubs, schools, sports facilities, mixed use, residential care, markets, restaurants, service & warehouse retail, banks, hotels and more. All City utilities available to site. Seller may reserve right to exit easement through lots.

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 property lies less than a quarter mile from the new Highway 49/20 Dorsey Drive interchange and Dignity's Sierra Nevada Memorial hospital right at the gateway to Litton Business Park and the Sierra College Campus. Litton Business Park is the premier medical and financial center of the region with additional commercial and residential development planned.

Lot Size: 5.91 acres

Map of Litton Business Park Lots 13 & 14, 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.