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    6051 Skyway Paradise, CA 95969

    Sponsored
    For Sale
    $87,000

    Two Parcels, High-Traffic Location, Development Potential

    Property size:
    900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use investment opportunity encompasses two contiguous parcels totaling 0.3 acres in the heart of Paradise, CA. The property is ideally situated at 6051 and 6059 Skyway, offering excellent visibility and accessibility. Parcel 6051, AP# 052-193-020 (0.15 acres), previously housed an antique mall, presents a prime location for redevelopment. The adjacent parcel, 6059 Skyway, AP# 052-193-021 (0.15 acres), features an existing off-street parking lot, a significant asset for any commercial venture. A functional septic system with commercial risers at the tank is already in place, representing substantial cost savings for future development. The combined 0.3-acre footprint provides ample space for a variety of commercial uses, making this a truly unique opportunity for investors seeking a high-traffic location with significant development potential. The property is priced competitively at $87,000, reflecting its considerable upside. This is a rare chance to acquire a substantial downtown property in a growing community. The absence of existing buildings allows for complete design flexibility and customization to suit your specific business needs. Don't miss this chance to secure a prime piece of Paradise real estate.

    Property Features for 6051 Skyway

    General Information

    Property type
    Mixed-use properties
    Square Feet
    900 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Butte
    State
    California
    Longitude
    -121.6286
    Latitude
    39.75441

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    FAQs

    What type of property is this?
    Mixed-use property - Two Parcels, High-Traffic Location, Development Potential
    Where is this mixed-use property located?
    The property is located at 6051 Skyway Paradise, CA.
    What is the asking price?
    The asking price for this property is $87,000.
    (530) 896-9300
    Request Owner's contact information
    6051 Skyway Paradise, CA 95969
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    Paradise, CA 95969
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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
    6051 Skyway Paradise, CA 95969
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