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    99 Ca-99 Cohasset, CA 95973

    For Sale
    $8,250,000

    916 Acres, Solar Potential, $8.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 916.01-acre agricultural property presents a unique investment opportunity in Butte County, California. Located at 99 CA-99 near Chico, this expansive land parcel boasts Highway 99 frontage, offering excellent visibility and accessibility. The property is zoned AG and features a gentle sloping topography, making it ideal for various agricultural uses, including vineyards, or as a prime location for solar development, given its existing solar overlay. The land is comprised of five separate parcels (APN: 040 600 058, 040 600 059, 040 600 060, 040 600 061, 040 600 062) and is currently held under an LLP ownership structure. Access is provided via existing paper roads, and the property is strategically situated with federal and state lines traversing it. The asking price is $8,250,000, translating to $10,000 per acre. This presents a compelling opportunity for investors seeking a large-scale agricultural or solar project in a desirable California location. The sale is structured to accommodate a 1031 exchange, providing additional tax advantages for qualified buyers. The property's size, location, and zoning make it a rare and highly sought-after asset.

    Property Features for 99 Ca-99

    General Information

    Property type
    Farms
    Lot Size
    39,901,396 SF

    HighLights

    • Solar panel installation potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cohasset
    County
    Butte
    State
    California
    Longitude
    -121.856261
    Latitude
    39.8633343

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    FAQs

    What type of property is this?
    Farm - 916 Acres, Solar Potential, $8.25M
    Where is this farm located?
    The property is located at 99 Ca-99 Cohasset, CA.
    What is the asking price?
    The asking price for this property is $8,250,000.
    What are key features of this property?
    This property features: Solar panel installation potential.; ;
    Request Owner's contact information
    99 Ca-99 Cohasset, 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
    99 Ca-99 Cohasset, CA 95973
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