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1 Loren Ave
Chico, CA 95928
Secured Yard Space · Land For Sale
·
23.88 AC
Investment Highlights
- Adjacent to Chico City limits and in a Special Planning Area (2030 General Plan)
- Current yard revenue of $99,600 with short term leases and 15 acres remaining vacant.
- Access from Hwy 99 with 3 separate ingress / egress points
Property Facts
Description
Great location, adjacent to the City of Chico and located in a Special Planning Area (2030 General Plan). Strong development potential with access from a signalized intersection on Hwy 99 and 3 separate ingress / egress points. The 2030 General Plan also proposes a new overpass at Hwy 99 and Southgate Ave. Property is in one of Chico's main industrial area's and surrounded by many well known warehouse/retail users. Current yard space revenue of nearly $100k annually with short term tenants and approximately 15 acres remaining vacant.
Property Taxes
| Parcel Number | 040-400-091-000 | Improvements Assessment | $10,404 |
| Land Assessment | $3,657,006 | Total Assessment | $3,667,410 |
Property Taxes
Parcel Number
040-400-091-000
Land Assessment
$3,657,006
Improvements Assessment
$10,404
Total Assessment
$3,667,410
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