State Highway 99, Gridley, CA 95948

Listing agent Kory H Hamman Show Phone

Listing office Hamman Real Estate Show Phone

Listing date Mar 26, 2025

Source Exprealty

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Overview

This Northern California property offers 1.23+/- acres of commercial land with frontage on Highway 99. Situated in Gridley, the property benefits from a location within a developer-friendly city that is looking to expand. The area has favorable infrastructure and access, with the potential for further lot splits. The property has high visibility with an Average Daily Traffic Count (ADT) well over 25,000+ cars per day. The city owns its power company, offering rates 20% lower than PG&E and the ability to be flexible with developers to help keep rates lower. The community offers an outstanding quality of life with wonderful weather, affordable real estate, and incredible recreational opportunities. The area continues to see a strong mass migration of people wanting out of the metropolitan cities, due to Covid and their ability to telecommunicate for work. Housing demand is excellent with most buyer profiles coming from the greater Sacramento & the Bay area in search of more desirable living within the common budget of $450,000-$800,000.

Map

City

Gridley

County

Butte

State

California

Longitude

-121.677

Latitude

39.3092

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FAQs

What type of property is this?

Commercial land - 1.23+/- acres of commercial land with Highway 99 frontage.

Where is this commercial land located?

The property is located at State Highway 99 Gridley, CA.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: 1.23+/- acres of Commercial Highway 99 frontage with high visibility (25,000+ cars/day ADT).; Located in Gridley, a developer‑friendly city looking to expand.; Electricity rates are 20% lower than PG&E, with potential for further reduction.