812-850 Gray Ave Yuba City, CA 95991
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13-acre retail site, high traffic, redevelopment potential.
Property size:
122,078 SFProperty Features for 812-850 Gray Ave
General Information
- Property type
- Land
- Square Feet
- 122,078 SF
- Lot Size
- 582,833 SF
Building Details
- Year Built
- 1975
- Units
- 8
Listing Agency: Turton Commercial Real Estate Listing Agent: Ken Turton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 13.38-acre retail property in Yuba City, CA, presents a compelling redevelopment opportunity. Located at 812-850 Gray Ave (APN: 52-014-002; 52-020-021; 52-020-022), this site boasts a prime location within a quarter-mile of Highways 99 and 20, ensuring high visibility and accessibility. The existing 122,078 square foot building, constructed in 1975, comprises two sections: a 34,866 square foot area with five retail spaces and a larger 90,000 square foot space, formerly occupied by Kmart. Currently, the property has eight units with 24% occupancy, generating approximately $20,000 in monthly income plus pro-rata NNN reimbursements. The property is zoned General Commercial (C-3) and includes 390 parking spaces. The easternmost parcel offers 456 square feet of Gray Avenue frontage, presenting the possibility of developing two or three additional pad sites, ideal for quick-service restaurants. The site benefits from significant daily traffic counts exceeding 37,080 vehicles on Highway 99 and over 13,100 vehicles on Gray Avenue. Its proximity to the Yuba Sutter Marketplace, featuring major retailers like Burlington, Ross, JCPenney, and Verizon, further enhances its desirability. This property is offered at $12,900,000, representing approximately $106 per square foot for the land. This represents a significant value-add opportunity for investors seeking to capitalize on a high-traffic location and strong retail market.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Yuba City
- County
- Sutter
- State
- California
- Longitude
- -121.6310657
- Latitude
- 39.1381823
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FAQs
What type of property is this?
Land - 13-acre retail site, high traffic, redevelopment potential.
Where is this land located?
The property is located at 812-850 Gray Ave Yuba City, CA.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: $12,900,000 asking price for a redevelopment opportunity.; 13.38-acre retail land and building totaling 122,078 square feet.; Located in Yuba City, CA at 812-850 Gray Ave, with excellent highway visibility and high traffic counts.
