21515 Higgins Rd

Coldwell Banker Commercial Grass Roots is excited to offer the opportunity to purchase the fee simple interest in a development site located at 21515 Higgins Rd (known as the "Site" or the Property). This site spans 3.88 acres and offers direct frontage on Combie Rd., with a traffic volume of 15,000 cars per day. The Property is situated at Higgins Corner in South Nevada County, a newly designated area for commercial development. The Greater Higgins Area Plan, adopted by the County of Nevada in March 2023, identifies the need for up to 480 residential units, 66,000 SF of additional retail space, and over 38,000 SF of other commercial, office, and industrial buildings by 2042.
Higgins Corner is home to Higgins Marketplace, a new shopping center anchored by a grocery store, Holiday Market, and Quick Quack Car Wash. The Property is located directly south of the shopping center. Also, the Site is located to the west of Combie Plaza, a center anchored by CVS, Chevron, and Starbucks. The Property is zoned C2-SC-SP with a Community Commercial use designation, allowing for a range of potential uses including retail, mixed-use retail/residential, multifamily (zoning allows for 4 dwelling units per acre), mini storage (with a use permit), office/medical office, or business park related uses. The site is accessible from Combie Rd. through a signalized intersection and shares access to both Combie Plaza and Higgins Marketplace via Higgins Rd.
The Property is alongside Highway 49 and is located halfway between Grass Valley (13 miles) and Auburn (10 miles). Higgins Corner benefits from having a captive audience of over 18,000 residents within a five-mile radius who live halfway between the two cities with virtually no other commercial development along the 49 corridor. Higgins Corner is the closest and most easily accessed commercial district for several large residential developments near the Property:
1. Lake of the Pines: A gated community with 1,884 homes and a population of 4,350 (as of 2020) located one mile to the east along Combie Rd.
2. Cascade Crossings: A newer development with 80 homes on the northeast side of the Property along Combie Rd.
3. Lake Combie: Approximately 100 luxury lake-front homes on a private 360-acre lake located 4 miles to the east off of Combie Rd.
4. Cameo Affordable Housing: A proposed development of 48 affordable units located across the street from the Property.
In addition to the residential developments that surround The Site, Bear River High School, the only public high school in South Nevada County/North Auburn, has a student population of approximately 1,025 and is located just 1.4 miles to the east of the Property.
The Property presents an excellent opportunity to acquire almost 4 acres of highly developable land in a prime location with a built-in customer base of nearby residents and minimal competition. For more information on the Greater Higgins Area Plan, please visit https://www.nevadacountyca.gov/DocumentCenter/View/14844/Greater-Higgins-Area-Plan-PDF.