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State Highway 99 Gridley, CA 95948

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For Sale
$495,000

1.23+/- acres of commercial land with Highway 99 frontage.

Lot size:
1.23 Acres

Property Features for State Highway 99

General Information

Standard status
Active
Lot size
1.23 Acres

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Listing Contact
Kory H Hamman
Source: Exprealty

Listing Agency: Hamman Real Estate Listing Agent: Kory H Hamman

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

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Overview

Commercial Land on Highway 99

This Northern California property offers 1.23+/- acres of commercial land with frontage on Highway 99. Situated in Gridley, the property benefits from a location within a developer-friendly city that is looking to expand. The area has favorable infrastructure and access, with the potential for further lot splits. The property has high visibility with an Average Daily Traffic Count (ADT) well over 25,000+ cars per day. The city owns its power company, offering rates 20% lower than PG&E and the ability to be flexible with developers to help keep rates lower. The community offers an outstanding quality of life with wonderful weather, affordable real estate, and incredible recreational opportunities. The area continues to see a strong mass migration of people wanting out of the metropolitan cities, due to Covid and their ability to telecommunicate for work. Housing demand is excellent with most buyer profiles coming from the greater Sacramento & the Bay area in search of more desirable living within the common budget of $450,000-$800,000.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Gridley
County
Butte
State
California
Longitude
-121.677066
Latitude
39.309185

FAQs

What type of property is this?
Commercial land - 1.23+/- acres of commercial land with Highway 99 frontage.
Where is this commercial land located?
The property is located at State Highway 99 Gridley, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: - 1.23+/- acres of Commercial Highway 99 frontage with high visibility (25,000+ cars/day ADT).; - Located in Gridley, a developer-friendly city looking to expand.; - Electricity rates are 20% lower than PG&E, with potential for further reduction.
More about this property
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