11452-11542 E Bennett Rd, Grass Valley, CA
Land for Sale - $497,000 - 27.28 acres
Property Info
CIMLS# | 738411 |
Location 11452-11542 E Bennett Rd Grass Valley CA 95945 | |
Updated | March 4th, 2016 |
Type | Land |
Price | $497,000 |
Land | 27.28 acres |
Property Description
Just rezoned to M1 (light Industrial) allowing much greater flexibility of use and increasing property value. This offering consists of 7 contiguous parcels comprising +-27 acres. Located in the County and currently zoned Business Park, but within Grass Valley's sphere of influence calling for medium density multi-family residential development over the long term. Prospective city plans call for a new road connecting Idaho Maryland Rd to E. Bennett St adjacent to the property, placing the subject property directly in the path of progress. Could make a superb site for an interim use like truck/equipment/RV storage, shop space, etc, Beautiful Grass Valley location with excellent upside potential. This property is currently IN ESCROW.
Location Description:
Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The area is located below the snow line and above the fog for a perfect 4-season climate. Nevada County
Financials
Sales Info:
>> Commision split: 4.0%