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    00 Wescott Rd Colusa, CA 95932

    Sponsored
    For Sale
    $6,163,000

    90-Acre Residential Development Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 90.95-acre development opportunity in Colusa, CA, presents a unique investment prospect. Located near the Sacramento River, I-5, and Highway 20, this property benefits from its proximity to the future Sites Reservoir Project, a major California water resource initiative expected to generate significant economic growth and job creation. The land is already entitled, with approved preliminary plans and maps in place, simplifying the development process. Utilities are readily available, including water, sewer, electricity (PG&E), natural gas (PG&E), communications (AT&T), and cable (Comcast). The property has been graded to a 1% slope in a southwest direction. The zoning allows for a diverse range of residential development: R-1 (approximately 46.54 acres, 170 lots), R-2 (approximately 16.27 acres, 52 lots), and R-3 (approximately 7.45 acres). Additionally, approximately 1.17 acres are zoned for commercial use, and approximately 14.03 acres are designated as open space parkland, and an additional 3.51 acres are also available for open space. The asking price is $6,163,000, reflecting the significant potential of this prime development site. APN: 017-130-107, 017-030-050. This is a rare chance to capitalize on the growth spurred by the Sites Reservoir Project in a desirable California location.

    Property Features for 00 Wescott Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    3,961,782 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Colusa
    County
    colusa
    State
    California
    Longitude
    -122.01099290492
    Latitude
    39.187276838438

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    FAQs

    What type of property is this?
    Multifamily property - 90-Acre Residential Development Land
    Where is this multifamily property located?
    The property is located at 00 Wescott Rd Colusa, CA.
    What is the asking price?
    The asking price for this property is $6,163,000.
    Request Owner's contact information
    00 Wescott Rd Colusa, CA 95932
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    Colusa, CA 95932
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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
    00 Wescott Rd Colusa, CA 95932
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