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    47 Grand Ave Oroville, CA 95965

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    For Sale
    $3,400,000

    174-unit multifamily project with approvals in Oroville, California.

    Lot size:
    22.81 Acres

    Property Features for 47 Grand Ave

    General Information

    Lot size
    22.81 Acres
    Source: Moodyscre

    Listing Agent: Kelsey Watt, Ms

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Housing Project Opportunity

    This offering presents an opportunity to acquire a 22.81-acre parcel of land approved for a 174-unit multifamily housing project. Included with the land are elevations, construction drawings, a fee schedule, an appraisal projecting the value of the completed project, and a letter of support from the City of Oroville. This property is suited for investors seeking a strategically located venture in the Oroville area.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Plumas
    State
    California
    Longitude
    -121.5603081
    Latitude
    39.5194359

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    FAQs

    What type of property is this?
    Land - 174-unit multifamily project with approvals in Oroville, California.
    Where is this land located?
    The property is located at 47 Grand Ave Oroville, CA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - 174-unit multifamily housing project; - Includes ±22.81 acres of land; - Construction drawings included
    (916) 514-5225
    Request Owner's contact information
    47 Grand Ave Oroville, CA 95965
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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
    47 Grand Ave Oroville, CA 95965
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