12451 Loma Rica Dr - Warehouse FOR SALE


Grass Valley, CA 95945
$698,000 USD
530-470-1740
12451 Loma Rica Dr, Grass Valley, CA for Sale
$698,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

12451 Loma Rica Dr
Grass Valley, CA 95945


HIGHLIGHTS

  • Pre-developed 1.6 acre corner parcel for +-20,000 SF industrial building
  • Over $500k of existing improvements including foundation, loading dock and in-place utilities
  • Prime location at main intersection in the Loma Rica Industrial Park
  • Coveted M-1 zoning allowing wide array of uses
  • Rare opportunity to gain a new facility at a fraction of the time and expense of typical construction

OVERVIEW

An exciting opportunity for an owner/user or developer to purchase a "pre-developed" 1.6 acre light industrial corner parcel improved with a ready-to-build +-18,400 SF concrete foundation, two-bay dock-high loading dock, +-1200 SF office building shell, 400 Amp 3-phase main panel, 1500gal septic system, asphalt paved driveway and existing mature landscaping, The value of the existing improvements is estimated at over $500,000. A metal high-bay building could be designed to fit on the existing slab and completed in a fraction of the time and cost of ground-up construction. Grass Valley (or Nevada City) 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). The subject property is located in the Loma Rica Industrial Park, a 250+ acre light industrial 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. The Nevada County Airport is a base for local, personal and recreational flyers and also serves as a transportation facility for business/corporate aviation and fire-fighting operations.

FOR SALE DETAILS

PRICE

$698,000 USD

PRICE/SF

$582 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

Sewer - Septic Field

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6

LAND SF

69,696

ZONING

M1-SP

APN/PARCEL ID

006-370-028-000

ASK ABOUT THIS PROPERTY

Lock RichardsHighland Commercial, Inc.More Info
530-470-1740

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Lock RichardsHighland Commercial, Inc.More Info
530-470-1740

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.