21515 Higgins Rd - Commercial LAND FOR SALE


Auburn, CA 95602 169,013 SF
$1,700,000 USD
530-272-7222
21515 Higgins Rd, Auburn, CA for Sale
$1,700,000 USD
Commercial LAND - FOR SALE
1/7
169,013 SF

21515 Higgins Rd
Auburn, CA 95602


HIGHLIGHTS

  • 250 Ft. of Frantage on Combie Rd (15,000 ADT)
  • Located just one mile from Lake of the Pines - 1,884 homes with a population of 4,350, and 1.4 miles from Bear River Highschool (1,025 students)
  • Shared Access (via Higgins Rd )with Higgins Marketplace (Holiday Market and Quick Quack) and adjacent to Combie Plaza (CVS, Chevron, Starbucks)

OVERVIEW

Coldwell Banker Commercial Grass Roots is excited to offer the opportunity to purchase the fee simple interest in a development site located at 21515 Higgins Rd (known as the "Site" or the Property). This site spans 3.88 acres and offers direct frontage on Combie Rd., with a traffic volume of 15,000 cars per day. The Property is situated at Higgins Corner in South Nevada County, a newly designated area for commercial development. The Greater Higgins Area Plan, adopted by the County of Nevada in March 2023, identifies the need for up to 480 residential units, 66,000 SF of additional retail space, and over 38,000 SF of other commercial, office, and industrial buildings by 2042. Higgins Corner is home to Higgins Marketplace, a new shopping center anchored by a grocery store, Holiday Market, and Quick Quack Car Wash. The Property is located directly south of the shopping center. Also, the Site is located to the west of Combie Plaza, a center anchored by CVS, Chevron, and Starbucks. The Property is zoned C2-SC-SP with a Community Commercial use designation, allowing for a range of potential uses including retail, mixed-use retail/residential, multifamily (zoning allows for 4 dwelling units per acre), mini storage (with a use permit), office/medical office, or business park related uses. The site is accessible from Combie Rd. through a signalized intersection and shares access to both Combie Plaza and Higgins Marketplace via Higgins Rd. The Property is alongside Highway 49 and is located halfway between Grass Valley (13 miles) and Auburn (10 miles). Higgins Corner benefits from having a captive audience of over 18,000 residents within a five-mile radius who live halfway between the two cities with virtually no other commercial development along the 49 corridor. Higgins Corner is the closest and most easily accessed commercial district for several large residential developments near the Property: 1. Lake of the Pines: A gated community with 1,884 homes and a population of 4,350 (as of 2020) located one mile to the east along Combie Rd. 2. Cascade Crossings: A newer development with 80 homes on the northeast side of the Property along Combie Rd. 3. Lake Combie: Approximately 100 luxury lake-front homes on a private 360-acre lake located 4 miles to the east off of Combie Rd. 4. Cameo Affordable Housing: A proposed development of 48 affordable units located across the street from the Property. In addition to the residential developments that surround The Site, Bear River High School, the only public high school in South Nevada County/North Auburn, has a student population of approximately 1,025 and is located just 1.4 miles to the east of the Property. The Property presents an excellent opportunity to acquire almost 4 acres of highly developable land in a prime location with a built-in customer base of nearby residents and minimal competition. For more information on the Greater Higgins Area Plan, please visit https://www.nevadacountyca.gov/DocumentCenter/View/14844/Greater-Higgins-Area-Plan-PDF.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/ACRE

$438,144/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Department Store, Drug Store, Hold for Development, Movie Theater, Supermarket

LAND ACRES

3.88 AC

LAND SF

169,013 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2-SC-SP

APN/PARCEL ID

057-141-032-000

ASK ABOUT THIS PROPERTY

Jon BlinderColdwell Banker Grass Roots RealtyMore Info
530-272-7222

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

Jon BlinderColdwell Banker Grass Roots RealtyMore Info
530-272-7222

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