52
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$2,250,000
Est. payment /mo
7.18 Acres Lot
Active
10264 Combie RD Auburn, CA 95602
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UPDATED:
12/12/2024 08:40 PM
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81988399
Lot Size 7.180 Acres
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 South County - Rural
Zoning R2 Medium Density Res
Exterior
Fence Partial Cross Fenced
Utilities Available Electricity - On Site, Public Utilities
Present Use Agricultural/Residential,Residential
Building
Lot Description Grade - Level, Regular, Surveyed
Sewer Sewer - Public
Water Public
Others
Tax ID 057-141-090-000
Horse Property Possible
Special Listing Condition Not Applicable
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Listed by EF Homes • Keller Williams Realty Santa Cruz