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    21520 Sonoma St Burney, CA 96013

    Sponsored
    For Sale
    $60,000

    Prime Hwy 299 location, redevelopment potential.

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,500 square foot building sits on a 0.38-acre lot in Burney, CA, at 21520 Sonoma St, zip code 96013. The property, zoned C-2, is a former gas station that has been legally decommissioned, with all necessary environmental permits secured. The single-story building offers significant redevelopment potential for various commercial uses, including retail, service-commercial, or even a vehicle/equipment rental yard. Its location along Highway 299 provides excellent visibility and accessibility. The large lot size allows for ample storage and display space for vehicles, equipment, or inventory. The asking price is $60,000. This presents a unique opportunity to capitalize on the existing development credits, allowing for potential cost savings in rebuilding. The property is approximately 2.5 miles north of Burney on Highway 299 and about 2 miles from a planned cultural center and tourism destination. Prospective buyers are responsible for independently verifying all aspects of redevelopment options and fee credits. The APN is 030-310-055.

    Property Features for 21520 Sonoma St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,500 SF
    Lot Size
    16,553 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Highway 299E frontage.
    • Excellent location for businesses needing a small yard.
    • Former gas station/convenience store, legally decommissioned with all environmental permits secured.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Wholesale Shop Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Burney
    County
    Shasta
    State
    California
    Longitude
    -121.6309335
    Latitude
    40.9141737

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    Nearby Similar for Sale

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      Burney Retail Investment Opportunity

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    FAQs

    What type of property is this?
    Individual retail property - Prime Hwy 299 location, redevelopment potential.
    Where is this individual retail property located?
    The property is located at 21520 Sonoma St Burney, CA.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Highway 299E frontage.; Excellent location for businesses needing a small yard.; Former gas station/convenience store, legally decommissioned with all environmental permits secured.
    Request Owner's contact information
    21520 Sonoma St Burney, CA 96013
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    Burney, CA 96013
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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
    21520 Sonoma St Burney, CA 96013
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