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10264 & 10324 Combie Rd - 42 Single Family Home Development Opportunity

7.18 Acres of Residential Land Offered at £1,760,513 in Auburn, CA 95602

Investment Highlights

  • Sellers will deliver a shovel ready tentative map at their cost
  • All public works infrastructure has been recently upgraded in the area
  • Prime Location in a High-Growth area with key anchor tenants and amenities

Executive Summary

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.

Property Facts

Price £1,760,513
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 7.18 AC

1 Lot Available

Lot

Price £1,760,513
Price Per AC £245,197
Lot Size 7.18 AC

2 level lots currently occupied by a single family home with a tenant and a Soil Broker Company. Income is approximately $5,000 per month.

Description

2 level lots currently occupied by a single family home with a tenant and a Soil Broker Company. Income is approximately $5,000 per month.

zoning

Zoning Code R2-SC-SP (medium density residential development zone, a part of the Greater Higgins Area Plan, endorsed by the County of Nevada in March 2023)
R2-SC-SP (medium density residential development zone, a part of the Greater Higgins Area Plan, endorsed by the County of Nevada in March 2023)
  • Listing ID: 34149599

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 10264 & 10324 Combie Rd, Auburn, CA 95602

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