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Cambridge - ±6 Acre 4-Lot Light Industrial / Office Land

5.81 Acres of Commercial Land Offered at $350,000 in Grass Valley, CA 95945

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INVESTMENT HIGHLIGHTS

4 contiguous lots with 1000' of road frontage.
Office, clean industrial, medical, business serving retail, warehousing, assembly uses.
Highly desirable Whispering Pines Business Park location.

Road infrastructure & city utilities in place.
Divisible.

EXECUTIVE SUMMARY

A 5.81 acre corner parcel consisting 4 separate contiguous parcels with approximately 1000' of frontage on Whispering Pines Lane and Cambridge Court. Located in the desirable Whispering Pines Business Park and only blocks from the recently approved 450 acre Loma Rica Ranch Development which will consist of up to 700 new homes, supporting retail uses. Underground City utilities already in place! This is an exceptional development site directly in the path of progress. Perfect for office, medical, tech industrial, lab, assembly, warehouse/showroom, restaurant, motel and mixed-use. The property is divisible as follows: i) entire site - 4 parcels; ii) parcels 1 & 2 only (3.25 acres); and iii) parcels 3 & 4 only (2.56 acres). Available engineering feasibility analysis shows the entire property capable of accommodating up to 48,000 buildable square feet; Lots 1 &2 - 23,000 SF; and Lots 3 & 4 - 21,000 SF.

Offering Memorandum _L_ _NEW_

PROPERTY FACTS

Price	$350,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Hospitality Hold For Development Medical Restaurant
No. Lots	1	Total Lot Size	5.81 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$350,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Hospitality Hold For Development Medical Restaurant
Total Lot Size	5.81 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot 1-4

Price	$350,000	Lot Size	5.81 AC
Price Per AC	$60,240.96

Price	$350,000
Price Per AC	$60,240.96
Lot Size	5.81 AC

DESCRIPTION

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 Analog Devices, Belden/Grass Valley and TE Connectivity.

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PROPERTY TAXES

Parcel Number	009-690-013-000	Improvements Assessment	$0
Land Assessment	$38,203	Total Assessment	$38,203

PROPERTY TAXES

Parcel Number

009-690-013-000

Land Assessment

$38,203

Improvements Assessment

Total Assessment

$38,203

ZONING

Zoning Code	SP-1A
SP-1A

Listing ID: 23224546
Date on Market: 5/27/2021
Last Updated:
Address: Cambridge, Grass Valley, CA 95945

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Cambridge, Grass Valley, CA for sale Primary Photo- Image 1 of 5 — Aerial Map

Cambridge, Grass Valley, CA for sale Building Photo- Image 2 of 5 — Parcel Map 690

Cambridge, Grass Valley, CA for sale Building Photo- Image 3 of 5 — Parcel Map 680

Cambridge, Grass Valley, CA for sale Building Photo- Image 4 of 5 — Parcel Map Lots 1-4

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