Pre-developed Industrial Site: Foundation, Loading Dock, Office, Utilities in Place

12451 Loma Rica Dr Grass Valley, CA 95945

12451 Loma Rica Dr, Grass Valley, CA, 95945
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FOR SALE
Property Type:
Other Land
Amount:
$698,000
Last Verified:
Aug 28, 2024

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Highlights

  • Pre-developed 1.6 acre corner parcel for +-20,000 SF industrial building.
  • Over $500k of existing improvements including foundation, loading dock and in-place utilities.
  • Prime location at main intersection in the Loma Rica Industrial Park.
  • Coveted M-1 zoning allowing wide array of uses.
  • Rare opportunity to gain a new facility at a fraction of the time and expense of typical construction.

Description

An exciting opportunity for an owner/user or developer to purchase a "pre-developed" 1.6 acre light industrial corner parcel improved with a ready-to-build +-18,400 SF concrete foundation, two-bay dock-high loading dock, +-1200 SF office building shell, 400 Amp 3-phase main panel, 1500gal septic system, asphalt paved driveway and existing mature landscaping, The value of the existing improvements is estimated at over $500,000. A metal high-bay building could be designed to fit on the existing slab and completed in a fraction of the time and cost of ground-up construction.

Grass Valley (or Nevada City) is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The region is located below the snow line and above the fog for the perfect 4-season climate. It lies within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacramento & UN Reno) and 2 international airports (Sacramento & Reno).

The subject property is located in the Loma Rica Industrial Park, a 250+ acre light industrial 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. The Nevada County Airport is a base for local, personal and recreational flyers and also serves as a transportation facility for business/corporate aviation and fire-fighting operations.

Building Size: 20000sq ft
Building Class: C
Lot Size: 1.6 acres


Documents

Offering Memorandum 12451 Loma Rica
Site Plan.pdf
Nev Cnty GIS Aerial & Details.pdf
Concrete Slab Evaluation, NV5, 8-22-23.pdf
SEPTIC TANK PUMPER'S INSPECTION REPORT - Navo 6-19-24.pdf

Map of 12451 Loma Rica Dr, Grass Valley, CA, 95945

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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:

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