Wolf Road Mixed Use Development Opportunity
Value-add potential with historic barn ready for restoration.
Marketing description
The property offers approximately three acres of expansive land, with serene rural character and natural beauty immediately across from signalized access to a bustling shopping center with a grocery anchor. While the dedicated riparian setbacks and scenic preservation areas limit the buildable footprint, they provide a permanent "green buffer" that ensures privacy and a dedicated rural setting. This serves as a backdrop for the ~2,200 SF retail shell and ~4,850 SF historic barn. The site is supported by a 10 GPM private well (tested 2018) and a septic system engineered for low-water-use light commercial operations, making it a turn-key environment for a boutique design studio, artisanal showroom, or specialized professional office looking for a high-visibility "destination" location.
Investment highlights
Rare opportunity to acquire a ~3-acre versatile parcel in the Wolf Creek watershed. Featuring a dual-zoned (Commercial/Residential) footprint, this property is ideal for an owner-user, value-add developer, or ground-lease investor. Strategically located with high visibility on Wolf Road and Highway 49, the site offers the perfect blend of light commercial utility, flexibility, and natural California landscape.
Property Highlights
- Zoning Flexibility: C2-SC-SP and RA3 mixed use designation allows for a wide variety of commercial, professional office, and residential uses.
- Significant Structure: Existing ~7,050 SF building shell on-site, offering a "bones-up" renovation opportunity.
- Expansive Lot: 2.99 acres providing ample space for parking, storage, or low-intensity redevelopment.
- Scenic Corridor: Prime location within Nevada County’s designated scenic area, ensuring long-term aesthetic value.
Technical Data
- Address: 10141 Wolf Road, Grass Valley, CA 95949
- APN: 057-260-008-000
- Land Area: 2.99 Acres (approx. 130,244 SF)
- Building Size: ~7,050 SF (Total)
- Utilities: Septic system on-site; Public power. (Note: No public sewer).
- Environmental: Situated along Wolf Creek; Riparian setbacks apply.
Value-Add Potential
- Lease Options: Available for Ground Lease or Value-Add Lease. Ideal for low-impact commercial uses such as a nursery, equipment storage, or a creative studio.
- Development Upside: Potential to normalize occupancy permits or redevelop the site for mixed-use residential.
Disclosures
- Status: Property is sold "As-Is."
- Permit Note: Buyer to verify all residential and commercial occupancy permits and current septic capacity with Nevada County Planning.
- Confidentiality: A signed NDA and Proof of Funds/LOI are required for access to the full due diligence vault (including Title Report and Natural Hazard Disclosures).
Asking price is strategically set below the projected stabilized value to provide a "Value-Add" margin. This allows the buyer to absorb the costs of building restoration, interior tenant improvements, and any necessary infrastructure upgrades while still achieving a significant return on investment. The value is anchored in the scarcity of historic character-assets and the unique C2-SC-SP zoning flexibility.
Property is also available for ground lease as an alternative.
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