Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 Neal Rd Paradise, CA 95969

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Chico-adjacent industrial land, 40 acres.

    Property Features for 1 Neal Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    We can help!

    Listing Contact
    Susan K. Sanford
    Susan K. Sanford

    Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERT Listing Agent: Susan K. Sanford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    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 Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Big Box & Wholesale Store

    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

    Nearby Similar for Sale

    • New
      $299,000
      4,560 SF

      Paradise Office Building For Sale

      Large office building with high visibility in Paradise, CA.
      7020 Skyway, Paradise, CA 95969
      View Details
    • $325,000
      1,640 SF

      Paradise Commercial Space For Sale

      Commercial property in Paradise, CA, suitable for retail or office.
      6268 Skyway, Paradise, CA 95969
      View Details
    • $389,000
      1,827 SF

      Well-Maintained Duplex in Central Paradise

      Centrally located duplex with upgraded interiors and spacious lot.
      1001 Brookwood Cir, Paradise, CA 95969
      View Details
    • $339,000

      Versatile Office Building with Solar

      2,730 sq ft office building with owned solar panels.
      6141 Center St, Paradise, CA 95969
      View Details
    • $599,000

      Paradise, CA Property For Sale

      Property for sale in Paradise, California.
      6478 Lone Cedar Ln, Paradise, CA 95969
      View Details
    • Contact for pricing
      4,980 SF

      Unique Commercial Building For Sale

      Stand-alone 4,980 sqft commercial building built in 2007.
      6153 Center St, Paradise, CA 95969
      View Details
    • $200,000
      720 SF

      Main Street Retail Opportunity

      Well-maintained commercial building with visibility in growing Paradise.
      5610 Skyway, Paradise, CA 95969
      View Details
    • $489,000
      3,340 SF

      Paradise Commercial Opportunity on Skyway

      Updated commercial property with office, showrooms, and steel structure.
      7671 Skyway, Paradise, CA 95969
      View Details
    • $1,999,000
      17,500 SF

      Equipped Manufacturing Facility in Paradise

      High-quality, fully-equipped manufacturing facility on 5 acres in Paradise, CA.
      958 Mckale Rd, Paradise, CA 95969
      View Details
    • $1,999,000
      17,500 SF

      Equipped Manufacturing Facility in Paradise

      High-quality manufacturing facility on 5 acres in Paradise, CA.
      Mckale Rd, Paradise, CA 95969
      View Details
    • $295,000

      Paradise RV Park Investment Opportunity

      RV park with 19 permitted spaces in central Paradise.
      6154 Lucky John Rd, Paradise, CA 95969
      View Details
    • $649,000
      4,980 SF

      Paradise Office Building - Prime Location

      Spacious office, high-end features, 0.65-acre lot
      6153 Center St, Paradise, CA 95969
      View Details

    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.
    (310) 777-7800 Call to check price and availability
    Request Owner's contact information
    1 Neal Rd Paradise, CA 95969
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Neal Rd
    Paradise, CA 95969
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Susan K. Sanford
    Susan K. Sanford
    Real Estate License ID: 01965277
    (310) 777-7800 (323) 646-2422
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!