$4,180,000
$5,018,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Oak Valley Dev Chico, CA 95928
9.6 Acres Lot
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
Acres 9.6
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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Bought with Johnny Klinger • Century 21 Select Real Estate, Inc.