Chico, CA 95928,1 Oak Valley Dev
Chico, CA 95928,1 Oak Valley Dev
Chico, CA 95928,1 Oak Valley Dev
Chico, CA 95928,1 Oak Valley Dev
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$4,180,000

$5,018,000

16.7%
Est.Price: ?

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Est. payment /mo

9.6 Acres Lot


SOLD DATE : 11/22/2021

Key Details

Sold Price $4,180,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CH16012284

Sold Date 11/22/21

HOA Y/N No

Lot Size 9.600 Acres

Property Description

Prime commercial development land for sale. Sandwiched in between new Arco AM/PM and up to 194 new apartment units under construction soon. New Towneplace By Marriott Hotel at the other corner across HW 32 also planned and coming soon. Traffic Counts 16,000 - 18,000 per day (AADT). 9.6 ACRES ZONED Community Commercial (CC) Located at Bruce Road and Highway 32. This parcel is part of the Oak Valley development planned for ~1,300 living units. Community Commercial zoning is appropriate for a wide range of retail businesses. It also accommodates mixed-use developments with residential uses above the ground floor with a maximum density of 22 units per acre. Zoning provides permitted uses of grocery anchored shopping center, pharmacy, gas station, schools, restaurants, retail, financial institutions, medical and general office. Gas station and storage units possible with a use permit. Asking $10 per sq. ft.
APN 018-500-157

Location

State CA

County Butte

Interior

Fireplace No

Building

Lot Description Paved

Water See Remarks

Others

Tax ID 018500157000

Acceptable Financing Submit

Listing Terms Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Donnelly • Coldwell Banker C&C Properties
Bought with Johnny Klinger • Century 21 Select Real Estate, Inc.
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