Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 Palermo-Honcut Hwy. Oroville, CA 95966

    View on Map
    Picture of Residential land & home lots at 0 Palermo-Honcut Hwy., Oroville, CA
    For Sale
    $40,000

    Land/Lot - Oroville, CA

    Lot size:
    41,382.00 Acres
    Added:
    Jul 23, 2025
    Days on Market:
    253
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 0 Palermo-Honcut Hwy.

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A5
    Exterior features
    Community Features Included: Rural, Biking, Hiking, Fishing, Blm/National Forest, Foothills, Lake, Hunting
    Standard status
    Active
    APN
    027250023000
    Lot size
    41,382.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Patrick Ross
    Patrick Ross

    Listing agent Patrick Ross License #01982410

    Listing office Paradise Homes & Land 797 Elliott Rd Suite B, Paradise, CA

    Listing date Jul 23, 2025

    MLS# SN25165703 Listing URL

    Copyright © 2026 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

    Serene California Countryside Lot

    This 0.95-acre lot presents an opportunity for building a dream home or investing in the California countryside. Located on the outskirts of Palermo, it combines rural charm with convenient access to amenities. The flat, partially fenced, usable land is suited for custom home construction, gardening, or small-scale farming. The property is situated in a quiet rural setting, minutes from Palermo and with easy access to Oroville (8 miles) and Chico (20 miles). The location offers open views of rolling hills and the natural beauty of Butte County. It is close to local schools, shops, and recreational spots like Lake Oroville and the Feather River. Palermo is known for its small-town vibe, friendly community, and proximity to outdoor adventures. This lot is suitable for those looking to escape the hustle and bustle while staying within reach of urban conveniences. The property offers possibilities for a custom home, a weekend retreat, or a long-term investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Oroville
    County
    Plumas
    State
    California
    Longitude
    -121.53944
    Latitude
    39.413681

    Nearby Similar for Sale

    • $300,000
      2,800 SF

      Versatile Income Property in Oroville

      Residential income property with two units and additional lot.
      3142 Burlington, Oroville, CA 95966
      View Details
    • $396,000
      1,800 SF

      Oroville Commercial Condominium Units

      Two commercial condominium units totaling 1800 sq. ft.
      2006 5th Avenue, Oroville, CA 95965
      View Details
    • $249,950

      Oroville Land Former Mobile Park

      21+ acres with infrastructure, potential for redevelopment or other uses.
      4320 Big Bend Road, Oroville, CA 95965
      View Details
    • $440,000
      2,000 SF

      Oroville Commercial Condominium Investment

      Two-unit commercial condominium leased to established Salon & Spa.
      2002 5th Avenue, Oroville, CA 95965
      View Details
    • $125,000

      Land with Mountain and Lake Views

      5 acre lot near Oroville with stunning views.
      0 V7 Road, Oroville, CA 95966
      View Details
    • $30,000

      Vacant Lot Near Feather River

      Vacant lot in Long Bar area, near Feather River.
      0 Reicker, Oroville, CA 95966
      View Details
    • $449,000

      Oroville Land Development Opportunity

      13.3-acre parcel for single-family estate development in Oroville, CA.
      0 Highlands Boulevard, Oroville, CA 95966
      View Details
    • $550,000

      Residential Acreage with Panoramic Views

      43.55 acres of residential land with panoramic views in Oroville.
      Kramer Rd, Oroville, CA 95916
      View Details
    • $67,500

      East Foothills View Lot

      2.77-acre view lot in Oroville's East Foothills.
      0 Apica, Oroville, CA 95966
      View Details
    • $26,000

      Buildable Lot with Lake View Potential

      Buildable lot in Kelly Ridge with potential lake views.
      170 Kokanee, Oroville, CA 95966
      View Details
    • $1,499,000

      Oroville Land with Development Potential

      194-acre parcel with water, fencing, and development opportunities.
      268 Dunstone Drive, Oroville, CA 95966
      View Details
    • $47,000

      Oroville Land with Panoramic Views

      Land with panoramic views of Lake Oroville and Enterprise Bridge.
      6216 Jack Hill, Oroville, CA 95966
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1-acre lot near Oroville, CA, ideal for custom home.
    Where is this residential land & home lot located?
    The property is located at 0 Palermo-Honcut Hwy. Oroville, CA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Large 1‑acre flat, usable lot ideal for custom home construction, gardening, or small‑scale farming.; Peaceful rural setting with scenic views of rolling hills in Butte County.; Convenient access to nearby amenities in Palermo, Oroville (8 miles), and Chico (20 miles).
    (530) 636-3256
    We can help!
    Listing Contact
    Patrick Ross
    Patrick Ross
    Real Estate License ID: 01982410
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!