Property Overview
Price/Rent PSF $ 367,000.00
Asset Type Land
Trade Type Sale
Acres Available 7.13
Date Available 01/23/2019
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Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento - below the snow line and above the fog for a perfect 4-season climate. Nevada County’s economy has effectively transformed from mining & forestry to vibrant high-tech and tourist based industries. County-wide school test scores are second-highest in the State. This area continues to attract residents and businesses from the nearby Sacramento and San Francisco Bay areas.
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 Linear Technology, General Dynamics and Texas Instruments. The property is in the path of progress adjacent to the 450 acre Loma Rica Ranch special development area which soon see up to 700 new homes along with supporting retail and commercial uses.

A 7.13 acre parcel at the southwest corner of two major central Grass Valley arterial roadways - Brunswick Rd and Idaho Maryland Rd - and lying contiguous to the recently approved 450 acre Loma Rica Ranch Special Development Area which will consist of up to 700 new homes and supporting retail & commercial uses. The parcel is one of only a few remaining lots within the 155 acre Whispering Pines Business Park containing over 600,000 SF of office, medical and light industrial space. Underground City utilities and dedicated access off Whispering Pines Ln. Beautiful forested open space easements surround the property rendering the useable acreage approximately 4.28 acres. At only $1.01/sf based on the useable acreage, this is an exceptional development site directly in the path of progress with great upside potential. Perfect for office, medical, light industrial, lab, assembly, warehouse/showroom, or med. density residential development (w/ use permit). Minimum lot size is 1.5 acres allowing for possible further subdivision. Contiguous lots available if assemblage of larger site desired. Municipal bonds billed with property taxes to be assumed by buyer.