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1495 Grass Valley Hwy - 3.71+/- Acres

3.71 Acres of Commercial Land Offered at $2,908,000 in Auburn, CA 95603

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Investment Highlights

700 Plus Feet of Frontage
Rare Land site for Sale

High Traffic Exposure

Executive Summary

Currently half occupied with a paying tenant who has indicated they would stay with a lease in place. The property on the other side of the highway is potentially being developed into Multi Family RM30 which should require a signalized intersection so this site will benefit greatly from that signal requirement.

1495 Grass Valley Hwy 3.71 Ac

Property Facts

Price	$2,908,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Auto Dealership Auto Repair Neighborhood Center Self Storage
No. Lots	1	Total Lot Size	3.71 AC
Property Type	Land

Price	$2,908,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Auto Dealership Auto Repair Neighborhood Center Self Storage
Total Lot Size	3.71 AC

1 Lot Available

Lot

Price	$2,908,000	Lot Size	3.71 AC
Price Per AC	$783,827

Price	$2,908,000
Price Per AC	$783,827
Lot Size	3.71 AC

3.71+/- Acres zoned Commercial with 700 PLUS FEET OF FRONTAGE! Modular Home tenant has 1 yr lease for So part of property. Outstanding property with multiple uses due to zoning. Monument Sign and the ADT is 38,000+/- 38,000 ADT

Description

3.71+/- Acres zoned Commercial C-2. 700 feet of frontage with 38,000+/- ADT. Many retail uses allowed subject to Placer County approval. Never on the market before so a Rare property for sale in this trade area. Major retailers including Best Buy, Auburn Ford, Auburn Honda, Auburn Toyota, AM PM, Mel's Diner, Bel Air Supermarket, Taco Bell etc.

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PROPERTY TAXES

Parcel Numbers	Multiple 038-113-019 038-113-018 038-113-020 038-113-021 038-103-003	Improvements Assessment	$11,417
Land Assessment	$552,534	Total Assessment	$563,951

PROPERTY TAXES

Parcel Numbers

Multiple

038-113-019
038-113-018
038-113-020
038-113-021
038-103-003

Land Assessment

$552,534

Improvements Assessment

$11,417

Total Assessment

$563,951

zoning

Zoning Code	C-2 (Generous zoning many retail uses allowed subject to minor use permit.)
C-2 (Generous zoning many retail uses allowed subject to minor use permit.)

Listing ID: 28853462
Date on Market: 6/26/2023
Last Updated:
Address: 1495 Grass Valley Hwy, Auburn, CA 95603

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