0 Oak Valley Development Chico, CA 95928

$5,018,000 Pending

About the Property

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

Property Information

Lot Size 9.6 Acres
Property Type Land/Lot
Zoning Commer.
Listing Number CH15265935
Listed 12/23/2015
Modified 6/4/2020
Listing Agent Michael Donnelly
Listing Office Coldwell Banker/DuFour

Property Features

Community
  • Foothills
Land Lease
  • No
Lot Features
  • Paved
Views
  • Hills