|Price/Rent PSF||$ 230,000.00|
Grass Valley 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). Nevada County’s economy has effectively transitioned from mining/logging/construction to video technology, digital media and other high-tech industries, balanced by national caliber arts and entertainment sectors. With superb schools and multiple national awards relating to unbeatable quality of life, the Grass Valley/Nevada City region continues to attract residents and businesses from nearby Sacramento and the SF Bay Area.
A 2.36 acre lot with city approval for a 3-building 27,516 sq. ft. light industrial complex located in Wolf Creek Industrial Park only 1/2 mile from the Highway 49/Idaho Maryland Rd interchange and adjacent to tenants such as Fed Ex and CED. Flexible design allows for phasing of buildings and single or multi-tenant use. With entitlement risk eliminated, this is a rare opportunity for an owner-user to build their own facility, or an investor to take advantage of a very tight industrial market with vacancy below 5%! Seller financing considered. The property fronts busy Idaho Maryland Road offering superb signage exposure.