1425 State Highway 99 Gridley, CA 95948
Property Features for 1425 State Highway 99
General Information
- Standard status
- Active
- Lot size
- 1.23 Acres
Source:
Crexi
Listing Agency: Hamman Real Estate Listing Agent: Kory Hamman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Commercial Land Highway 99 Frontage
This Northern California property offers an opportunity for a builder or developer to enter the commercial market. The property consists of 1.23+/- acres of commercial land with frontage on Highway 99. The City of Gridley is looking to expand and is developer-friendly. The city owns its power company, offering rates 20% lower than PG&E and has the ability to be flexible with developers to help keep rates lower. The average daily traffic count is over 25,000 cars per day. The property is located in an area with favorable infrastructure, access, and an opportunity for further lot splits. The community offers an outstanding quality of life with wonderful weather, affordable real estate, and recreational opportunities. The area continues to see a strong mass migration of people wanting out of the metropolitan cities. Many are moving to Gridley to raise their children, providing them with a superior Educational School system. With Sacramento only sixty miles south, State Route 99 is a high volume corridor for area residents, businesses, truck transportation, and recreational travelers. Businesses benefit from the City's Can Do attitude.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Gridley
- County
- Butte
- State
- California
- Longitude
- -121.687976
- Latitude
- 39.355595
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 1.23+/- acres of commercial land with highway frontage.
Where is this commercial land located?
The property is located at 1425 State Highway 99 Gridley, CA.
What is the asking price?
The asking price for this property is $445,000.
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.
