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170-199 Parkland Cir - Parkland Village 1.5 Acres of Residential Land Offered at $7,500,000 in Gridley, CA 95948
INVESTMENT HIGHLIGHTS
- Project is called Parkland Village and is across the street from a beautiful park with playgrounds, BBQs, and baseball fields.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$478,800
|
$319,200.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$9,576
|
$6,384.00
|
| Effective Gross Income |
$469,224
|
$312,816.00
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $478,800 |
| Annual Per AC | $319,200.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | $9,576 |
| Annual Per AC | $6,384.00 |
| Effective Gross Income | |
|---|---|
| Annual | $469,224 |
| Annual Per AC | $312,816.00 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $7,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Bulk/Portfolio Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Price | $7,500,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.50 AC |
1 LOT AVAILABLE
Lot
| Price | $7,500,000 | Lot Size | 1.50 AC |
| Price Per AC | $5,000,000.00 |
| Price | $7,500,000 |
| Price Per AC | $5,000,000.00 |
| Lot Size | 1.50 AC |
DESCRIPTION
GRIDLEY / BUTTE COUNTY MARKET OVERVIEW Gridley remains one of California’s most affordable and stable housing markets with almost no new detached SFR supply in the last decade. Total of 19 new homes; 4 homes 100% completed. Move-in ready. Immediate cash flow. All homes include a 2-10 year warranty. Bulk sale preferred; Seller open to partial/phase purchases Due Diligence materials available under NDA: full plans, solar specs, cost cert, completion schedule, etc. Broker cooperation welcomed
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170-199 Parkland Cir - Parkland Village
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