Office/Lt. Industrial Development Parcel Suitable for ±10,000 SF

383 Crown Point Circle Grass Valley, CA 95945

383 Crown Point Circle, Grass Valley, CA, 95945
383 Crown Point Circle, Grass Valley, CA, 95945
FOR SALE
Property Type:
Commercial Land Development
Amount:
$145,000
Last Verified:
Feb 25, 2021

Highlights

  • One of the last few lots available in Whispering Pines.
  • Flexible zoning allowing variety of uses.
  • All city utilities underground in street.
  • Seller financing considered.
  • Adjacent to national technology companies.

Description

Huge Price Reduction! One of only a few development sites remaining in the highly desirable Whispering Pines Business Park well located in the center of Grass Valley. The park has beautiful wide streets and all underground city utilities including sewer and natural gas. Potential for 10,000+ SF development depending on required parking. Located adjacent to the national leader in content and media technology - Grass Valley/Belden. SP-1A zoning allows for office, R&D, high tech industrial, church and employment support uses, (including medium density residential with a CUP). This property is currently IN ESCROW.

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 Davita Dialysis, Analog Devices, Grass Valley-Belden and Dignity Health.

Lot Size: 2.02 acres

Map of 383 Crown Point Circle, 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.