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Listed by Michael Donnelly • Commercial Brokers of California
$2,950,000
Est. payment /mo
5.9 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN-26171716
Lot Size 5.900 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Priced to Sell - One of the most ready to go multi-family residential development parcels in Chico. Beautiful 5.90 acres parcel zoned R2 Medium Density. R2 zoning allows up to 82 units. Single family and multi-family units continue to be built in the Oak Valley Subdivision Development Project, which will consist of more than 1,300 units when full completed. The property is served by the newly built Yosemite Rd. bridge and extension with curbs, sidewalks and gutters, and all utilities are at the site. Construction is underway on a new 79 unit senior housing project across the street and housing demand remains high. Adjacent to the Old Humboldt Road Trailhead and new world class bike path. Next to beautiful seasonal creek and greenway with incredible valley views.
Location
State CA
County Butte
Zoning R2
Exterior
Community Features Foothills
View Y/N Yes
View Valley
Building
Lot Description Gentle Sloping
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900