Riverfront Development Land! This may be the opportunity you are looking for to create your own development of Medium Density Residential homes just across the Feather River from Historic Downtown Oroville. The property is the last frontier for development within the city limits! Centrally located, this property is very close to Shopping, Restaurants, Schools, has nearby power, water, and sewer. This property, coated with Thompsonflat loam soils on a total of 65.31+/- Acres in 6 parcels, has the potential to be subdivided into roughly 150 lots, depending on the configuration of development. Butte County zoning MDR (approved rezone in 2005) provides for up to 6 units per acre development, with a minimum lot size of 6,000 Square Feet, minimum setbacks of 20ft in the front, 5ft on the sides, and 10ft in the rear, as well as a maximum height of 35 ft. This property also had a proposal done for a quasi-public and commercial mixed-use project titled "The Preservoir" and included recreational, nature center, lodging, restaurant, retail and office uses. Ask your agent for a copy of our supplemental documents, including our offering memorandum, tentative subdivision map for residential development including all traffic, engineering, soils, and other reports. We also have geotechnical engineering reports, feasibility studies, soils reports, delineation of water surveys, and more for "The Preservoir" project as well! Don't forget to check out our video tour and topography maps in the virtual tour section!
|Lot Size||65.31 Acres|
|Listing Agent||Austin Barron|
|Listing Office||Century 21 Select Real Estate, Inc.|
Listed by Austin Barron and Frank Ross of Century 21 Select Real Estate, Inc.. Listing data last updated 11/30/2021 at 5:35 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/16/2021 11:57 AM. 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.
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