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    2051 Palermo Rd Palermo, CA 95968

    For Sale
    $150,000

    Commercial Sale - Palermo, CA

    Days on Market:
    131
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 2051 Palermo Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    026144007000

    Building Details

    Architectural style
    Other

    REMAX of Chico (530) 514-2901 [email protected]

    Listing agent Jill Stewart (530) 514-2901 License #01274907

    Listing date Aug 7, 2025

    MLS# SN25178033 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palermo Multi-Use Development Opportunity

    This .65-acre lot in Downtown Palermo is zoned for both commercial and residential use. It is suited for a general store, retail shop, residence, or a live-work setup. The property is fully fenced and equipped with a large septic system, city water access, and a power pole at the front. This property is suitable for entrepreneurs, investors, or those seeking to establish a home-based business in a growing community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath Food Market Furniture Store Wine and Liquor Store Bed & Breakfast Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palermo
    County
    Butte
    State
    California
    Longitude
    -121.5499022
    Latitude
    39.4348291

    FAQs

    What type of property is this?
    Commercial land - Prime .65-acre lot zoned for commercial and residential use.
    Where is this commercial land located?
    The property is located at 2051 Palermo Rd Palermo, CA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime .65-acre lot in Downtown Palermo with both Commercial and Residential zoning.; - Fully fenced property with essential utilities: large septic system, city water access, and power pole.; - Ideal for diverse uses: general store, retail shop, residence, or live-work space.
    (530) 514-2901
    Request Owner's contact information
    2051 Palermo Rd Palermo, CA 95968
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    Palermo, CA 95968
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2051 Palermo Rd Palermo, CA 95968
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