|Price/Rent PSF||$ 349,000.00|
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.
The subject property is located in the Loma Rica Industrial Park, a 250+ acre 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.
One of only two lots remaining for purchase in the English Mountain Ranch industrial subdivision located in the Loma Rica Industrial Park adjacent to the Nevada County Airport. At 35% coverage, this lot could accommodate a +-28,000 SF industrial building (or a smaller if the planned use is R&D, office, flex, etc.). Power, phone and water are in the street and a perc and mantle has been completed for the on-site septic system. Western Nevada County has a severely limited supply of M-1 (light industrial) zoned parcels so this is a rare and valuable offering. This parcel may be purchased and/or developed in conjunction with an adjacent parcel (Lot 4, priced at $429k), for a total lot size of 7.6 acres.