1 Neal Rd Paradise, CA 95969
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 1 Neal Rd
- Lot size
- 40.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paradise
- County
- Butte
- State
- California
- Longitude
- -121.688
- Latitude
- 39.7011
