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- LoopNet Team
00 Bruce Rd
Chico, CA 95928
Land For Sale
·
9.60 AC
INVESTMENT HIGHLIGHTS
- New Arco AM-PM Coming Soon! (West Side)
- New Towneplace By Marriott Hotel Coming Soon! (North Side)
- New Apartments Coming Soon! (East Side)
- 16,000 - 18,000 Vehicles Per Day - HW 32 (AADT)
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 9.60 AC |
| Property Subtype | Commercial | ||
| Zoning | CC - Community Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.60 AC |
| Zoning | CC - Community Commercial |
DESCRIPTION
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 See attachments for neighboring projects.
PROPERTY TAXES
| Parcel Number | 018-500-157-000 | Improvements Assessment | $20,621,500 |
| Land Assessment | $4,435,849 | Total Assessment | $25,057,349 |
PROPERTY TAXES
