1 Oak Valley Dev, Chico, CA 95928

$5,018,000
List Price
$5,018,000
Price Change
▲ $838,000 1560917002
Status
ACTIVE
MLS#
CH16012284
Days on Market
1527
Property Type
Commercial
Property Sub Type
Unimproved Land

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

Additional Information

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Listing courtesy of Michael Donnelly from Coldwell Banker/DuFour

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.