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    1 Neal Rd Paradise, CA 95969

    Sponsored
    For Sale
    $480,000

    Prime Chico-adjacent industrial land, 40 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 40-acre parcel of industrial land presents a compelling investment opportunity. Located on Neal Road in Paradise, California (zip code 95969), this property boasts convenient access and is situated near the Chico landfill. The land is zoned for industrial use, offering significant potential for various development projects. The Butte County Assessor's Parcel Number (APN) is 040-600-096. The property is owned by a Limited Liability Partnership (LLP) and is currently listed at $480,000. This offering is structured to facilitate a 1031 exchange, making it an attractive option for investors seeking tax-deferred transactions. The property has recently undergone reassessment, reflecting its current market value. Its strategic location, combined with its industrial zoning and substantial acreage, makes this a rare and highly desirable investment opportunity in a growing area. Detailed information and site tours are available upon request.

    Property Features for 1 Neal Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • Industrial zoning.
    • Excellent Neal Road access.
    • Convenient proximity to Chico Landfill.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Butte
    State
    California
    Longitude
    -121.6879163
    Latitude
    39.7010594

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    FAQs

    What type of property is this?
    Land - Prime Chico-adjacent industrial land, 40 acres.
    Where is this land located?
    The property is located at 1 Neal Rd Paradise, CA.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: Industrial zoning.; Excellent Neal Road access.; Convenient proximity to Chico Landfill.
    Request Owner's contact information
    1 Neal Rd Paradise, CA 95969
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    Paradise, CA 95969
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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
    1 Neal Rd Paradise, CA 95969
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