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2654 Cramer Ln Chico, CA 95928

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For Sale
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8.78 Acres, Leased Studio, Development Potential

Property Features for 2654 Cramer Ln

General Information

Property type
Distribution properties

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Listing Contact
Mike Donnelly
Mike Donnelly

Listing Agency: Coldwell Banker C&C Properties Listing Agent: Mike Donnelly

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

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Property Insight Report

Overview

Exceptional investment opportunity in Chico, CA, encompassing 8.78 acres with a 4,200 sq ft leased broadcasting studio built in 1995. This property presents a unique dual-income stream: secure leaseback income from the existing studio situated on approximately two acres, and significant future development potential. The remaining 6.78 acres are zoned RS-20 Suburban Residential, allowing for subdivision into up to 14 large lots, each with a minimum 20,000 sq ft lot coverage. Located on Cramer Lane, across from the Mendocino National Forest Chico Orchard, this property offers a stunning country setting within Chico city limits. The asking price is $1,682,000. The studio and broadcast facilities are currently under lease, providing immediate and dependable income. This presents a rare chance to acquire a property with both established income and substantial future upside through residential lot development. The property's location and zoning regulations offer a compelling opportunity for long-term growth and appreciation. Please note: Do not disturb the tenant. The property address is 2654 Cramer Lane, Chico, CA 95928.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Deer Creek Broadcasting ... Television Studio Kpay Radio Station Mix 95.1 Contest ... Radio Station Hot Country 103 ... Radio Station ESPN Radio Station

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Hair Salon Big Box & Wholesale Store Auto Repair Shop Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Chico
County
Butte
State
California
Longitude
-121.788914
Latitude
39.710364

FAQs

What type of property is this?
Distribution property - 8.78 Acres, Leased Studio, Development Potential
Where is this distribution property located?
The property is located at 2654 Cramer Ln Chico, CA.
What is the asking price?
The asking price for this property is $1,682,000.
What are key features of this property?
This property features: $1,682,000 asking price.; 8.78-acre industrial land parcel with a 4,200 sq. ft. office/studio building in Chico, CA.; Building built in 1995; seller will lease back approximately two acres, providing consistent income.
(530) 828-0011 Call to check price and availability
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