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    Oro Dm Rd St Hwy 162 Oroville, CA 95965

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    For Sale
    Contact for pricing

    Prime Oroville retail/mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 39-acre parcel presents a rare opportunity for significant commercial development in Oroville, California. Located at 1245 Oro Dam Boulevard (Oro Dam Road, State Highway 162), this property boasts approximately 11,500 feet of high-visibility frontage on Oroville's main thoroughfare. The site benefits from a signalized intersection at Veatch Street, providing excellent access and visibility. Its strategic location serves as a gateway to the popular Lake Oroville and Feather River recreation areas, attracting over one million visitors annually. Market analysis indicates approximately $300 million in retail leakage to competing markets, highlighting significant untapped potential. The property's APN is 035-27-016 and is zoned for retail and mixed-use development. This presents a unique chance to capitalize on the substantial demand and create a thriving commercial hub in a high-traffic area. The expansive lot size allows for a variety of development options, catering to a wide range of commercial uses. This is an unparalleled opportunity to establish a landmark commercial presence in a rapidly growing region. The property's prime location and substantial size make it an exceptional investment prospect.

    Property Features for 0 Oro Dm Rd St Hwy 162

    General Information

    Property type
    Land
    Lot Size
    1,698,840 SF

    HighLights

    • Prime Oroville retail/mixed‑use location.
    • Significant retail leakage to competing markets (approx. $300 million).
    • Gateway to popular Lake Oroville/Feather River recreation areas (over 1 million annual visitors).
    • ±1,500 feet of frontage on Oro Dam Road (Highway 162).
    • Signalized intersection at property entrance (Veatch Street & Oro Dam Road).
    • APN 035‑27‑016.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oroville
    County
    Butte
    State
    California
    Longitude
    -121.6458867
    Latitude
    39.4980356

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    FAQs

    What type of property is this?
    Land - Prime Oroville retail/mixed-use development.
    Where is this land located?
    The property is located at Oro Dm Rd St Hwy 162 Oroville, CA.
    What are key features of this property?
    This property features: Prime Oroville retail/mixed-use location.; Significant retail leakage to competing markets (approx. $300 million).; Gateway to popular Lake Oroville/Feather River recreation areas (over 1 million annual visitors).
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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
    Oro Dm Rd St Hwy 162 Oroville, CA 95965
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