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    Speedway Ave Chico, CA 95928

    For Sale
    $1,370,600

    Land, Other - Chico, CA

    Lot size:
    17.10 Acres
    Days on Market:
    206
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for Speedway Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    17.10 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Smyth Real Estate (530) 717-0579 License #01939578,PersonLicenseNumber

    Listing date May 15, 2025

    MLS# SN25108731 Listing URL

    Copyright © 2025 NextHome, 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

    Residential Land in Chico

    This 17.1-acre lot is planned and approved for a residential subdivision. Zoned for low-density residential development, the parcel has the potential for 15 large homes, each situated on at least one acre of land. The property is located in Butte County but is within the city sphere of influence. Situated approximately 2 miles from downtown Chico, the location provides access to the freeway, Costco, breweries, and Butte Creek Country Club. Cal Water is located at the north end of the property. The surrounding homes sell for approximately $750,000 to over $1 million.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8059581
    Latitude
    39.7042439

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    FAQs

    What type of property is this?
    Land - 17.1 acre lot planned for a 15-home subdivision.
    Where is this land located?
    The property is located at Speedway Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $1,370,600.
    What are key features of this property?
    This property features: - Approved for a 15-home subdivision with 1+ acre lots each.; - Rare 17.1 acre lot in a desirable Chico location.; - Located within the city sphere of influence, offering potential for future city services.
    (530) 717-0579
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    Speedway Ave Chico, CA 95928
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    Chico, CA 95928
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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
    Speedway Ave Chico, CA 95928
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