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$2,250,000
Est. payment /mo
7.18 Acres Lot
UPDATED:
12/13/2024 12:28 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81988399
HOA Y/N No
Lot Size 7.180 Acres
Acres 7.18
Property Description
Prime Residential Development Opportunity 10264 & 10324 Combie Road "Higgins Landing" Will be delivered Shovel-Ready - Residential Development | 42 Single-Family Homes | 7.18 Acres An unparalleled investment opportunity by KW Commercial in South Nevada County at Higgins Corner. This project offers 42 single-family homes on 7.18 acres, situated within the newly designated medium-density residential zone of the Greater Higgins Area Plan (approved March 2023). Strategic Location & Market Demand Located in the heart of a thriving area with a projected need for 480+ new homes, 66,000 sq. ft. of retail, and 38,000 sq. ft. of commercial/industrial space by 2042. Higgins Corner features key amenities like Higgins Marketplace (grocery store, car wash, retail) and Combie Plaza (CVS, Starbucks, Chevron). Prime Zoning & Accessibility Zoning: R2 Medium-Density Residential. Excellent access to Auburn, Grass Valley, and next door to Lake of the Pines & Cascade Crossings. Added Income prior to build is a Rented single-family home on-site & the Soil broker leasing part of the property for approx $5,000 per month. This development-ready parcel combines strategic location, demand, and income potential, creating a prime opportunity for investors and developers. Seller is open to a carry.
Location
State CA
County Nevada
Area Listing
Zoning R2 M
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Lot Description Horses Possible, Level, Regular
New Construction No
Schools
School District Nevada Joint Union High
Others
Tax ID 057141090000
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Listed by Keller Williams Realty Santa Cruz
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