12451 Loma Rica DrGrass Valley, CA 95945

Property Details for 12451 Loma Rica Dr

Construction

TILT-UP CONCRETE

Lot size

1.60 AC

Property size (Sq ft)

16,290 SF

Zone code

I

Property type

Warehouses

APN

006-370-028-000

APU

6370028000

Description

This exceptional value-add opportunity presents a pre-developed 1.6-acre (69,696 sq ft) light industrial corner lot in Grass Valley, CA's Loma Rica Industrial Park. The property boasts an existing 18,400 sq ft concrete foundation, complete with two dock-high loading docks, a partially built 1200 sq ft office shell, and a 400-amp 3-phase power supply. A 1500-gallon septic system and paved asphalt driveway are also in place. The estimated value of these existing improvements exceeds $500,000, significantly reducing the time and cost of constructing a new building. The property is zoned M1-SP (Light Industrial), allowing for a wide range of uses. Its prime location at a major intersection within the Loma Rica Industrial Park, a 250+ acre business park adjacent to the Nevada County Airport, offers excellent visibility and accessibility. The park is a significant employment center for Nevada County, housing over 20% of the county's manufacturing jobs. The asking price is $698,000 ($37.93/sq ft building, $10/sq ft land). This represents a rare chance to acquire a nearly completed industrial facility at a fraction of the typical construction cost and timeline. The property's location offers a desirable four-season climate, situated an hour from both Lake Tahoe and Sacramento, and within 90 minutes of four major universities and two international airports. The fee simple ownership provides complete control and flexibility for the buyer. APN: 006-370-028.

Location Insight

City

Grass Valley

County

Nevada

State

California

Latitude

39.2206

Longitude

-121.013

CBSA code

46020

CBSA name

TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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