2
See all 2 photos
$7,750,000
Est. payment /mo
16.7 Acres Lot
New
1406 Grass Valley HWY Auburn, CA 95603
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225145758
HOA Y/N No
Lot Size 16.700 Acres
Acres 16.7
Property Sub-Type Mixed Use
Source MLS Metrolist
Property Description
A rare 16.7-acre development assemblage along Grass Valley Highway in Auburn, offering a balanced mixed-use opportunity. The 12.4-acre parcel at 1406 Grass Valley Hwy is zoned RM30-Dc, supporting high-density residential development at up to 30 units per acre. Recently rezoned from commercial to residential under Placer County's RHNA housing initiative, it reflects strong jurisdictional support and has already been included in the County's RHNA Environmental Impart Report (EIR). According to the County, projects dedicating 20% or more affordable units may qualify for administrative approval with staff-level review, dramatically lowering entitlement risk and timelines. Adjacent to this site, the 4.3-acre parcel at 1448 Grass Valley Hwy is zoned CPD-DC and offers stable income from two tenants while providing long-term development flexibility and prominent Hwy 49 frontage. This parcel is expected to provide primary access to the residential acreage, improving connectivity and design efficiency. Together, the properties create a cohesive project vision aligning with state housing mandates and Auburn's growing demand for residential and commercial uses. Both properties to be sold together.
Location
State CA
County Placer
Area 12301
Direction Interstate 80 to Hwy 49 to properties.
Location Details See Remarks
Interior
Heating See Remarks, Other
Cooling None
Flooring See Remarks
Exterior
Parking Features Other
Utilities Available Other
Water Access Desc Meter on Site,See Remarks,Public
Roof Type See Remarks
Road Frontage Highway Frontage
Building
Sewer Public Sewer
Water Meter on Site, See Remarks, Public
Others
Senior Community No
Tax ID 038-104-095
Special Listing Condition None
Listed by Western Slope Real Estate, Inc.
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