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    2960 Burnap Ave Chico, CA 95973

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    For Sale
    $700,000

    Expansive land parcel for development or investment on north end.

    Lot size:
    2.95 Acres

    Property Features for 2960 Burnap Ave

    General Information

    Lot size
    2.95 Acres

    Source: Parkway Real Estate Co. Agent Lea Johnson

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

    Overview

    Nearly 3 Acres Development Opportunity

    This expansive parcel of nearly 3 acres offers development and investment potential. Located on the north end of town, the land provides a mix of suburban living and access to urban amenities. An expired Planned Unit Development (PUD) suggests a precedent for development, which may streamline the approval process for new plans. Interested parties should consult with the City of Chico regarding the reinstatement of approval.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.85009
    Latitude
    39.774334

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    FAQs

    What type of property is this?
    Land - Expansive land parcel for development or investment on north end.
    Where is this land located?
    The property is located at 2960 Burnap Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Expansive parcel of nearly 3 acres offers ample space.; - Opportunity for developers and investors seeking a promising project.; - Combines suburban serenity with urban amenities, providing a balanced lifestyle.
    (530) 592-3432
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    2960 Burnap Ave Chico, CA 95973
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    Chico, CA 95973
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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
    2960 Burnap Ave Chico, CA 95973
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