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11 Neal Rd Paradise, CA 95969

OFF-MARKET Land Google Maps
55 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 55-acre property, located at 11 Neal Rd, Paradise, CA 95969 (APN 040-600-095), presents a unique investment opportunity. Zoned for industrial use, this land offers significant potential for a variety of commercial ventures. Its agricultural subtype allows for additional possibilities, potentially including the development of a home and accessory dwelling unit (ADU), subject to local regulations. The property is situated in Butte County, conveniently located near Chico, California, providing easy access to transportation routes and amenities. Recently reassessed, this expansive parcel is offered at $660,000 and is suitable for a 1031 exchange. The ownership structure is an LLP. Detailed information regarding permitted uses and development possibilities should be verified independently with the appropriate local authorities. This is a rare opportunity to acquire a large parcel of land with both agricultural and industrial potential in a desirable location. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 55 ac (2,395,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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