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    1820 Oro Dam Blvd Oroville, CA 95966

    For Sale
    $1,888,000

    Prime 1.89-acre lot with Bank of America

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a 1.89-acre commercial property located at 1820 Oro Dam Blvd E, Oroville, CA. The property features an 11,691 square foot, two-story building currently occupied by Bank of America, the second largest bank in the US by assets, along with other retail tenants. Built in 1982, this well-maintained property boasts a prime location on a busy main street with easy freeway access and high foot traffic. The surrounding area includes numerous car dealerships, pharmacies, grocery stores, and restaurants. The existing Bank of America tenancy provides a strong, guaranteed monthly income stream. Significant expansion potential exists with an additional 4,414 square feet of leasable space on the second floor above Bank of America, plus two additional units and ample land for new construction. The 1.89-acre lot offers the potential to attract major retail tenants such as Starbucks or McDonald's, further enhancing the property's value and income generation. This is a rare opportunity to acquire a substantial commercial property with proven income and significant upside potential in a thriving Oroville location. The property is clean, nicely maintained, and presents a strong investment opportunity for discerning buyers. The existing building is in good condition and the large lot provides ample room for future development and expansion. This is a turnkey investment ready to generate immediate income and long-term growth.

    Property Features for 1820 Oro Dam Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    82,328 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bank of America Home ... Mortgage Lender Bank of America Financial ... Financial Planner Bank of America ATM Atm Supercuts Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Butte
    State
    California
    Longitude
    -121.5521
    Latitude
    39.50443

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.89-acre lot with Bank of America
    Where is this commercial real estate located?
    The property is located at 1820 Oro Dam Blvd Oroville, CA.
    What is the asking price?
    The asking price for this property is $1,888,000.
    (408) 626-9800
    Request Owner's contact information
    1820 Oro Dam Blvd Oroville, CA 95966
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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
    1820 Oro Dam Blvd Oroville, CA 95966
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