162 Oro Dm Rd St Hwy Oroville, CA 95965
- Retail properties
- 39.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 162 Oro Dm Rd St Hwy
- Lot size
- 39.00 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 39-acre parcel presents a rare opportunity for significant commercial development in Oroville, California. Located at 1245 Oro Dam Boulevard (Oro Dam Road, State Highway 162), this property boasts approximately 11,500 feet of high-visibility frontage on Oroville's main thoroughfare. The site benefits from a signalized intersection at Veatch Street, providing excellent access and visibility. Its strategic location serves as a gateway to the popular Lake Oroville and Feather River recreation areas, attracting over one million visitors annually. Market analysis indicates approximately $300 million in retail leakage to competing markets, highlighting significant untapped potential. The property's APN is 035-27-016 and is zoned for retail and mixed-use development. This presents a unique chance to capitalize on the substantial demand and create a thriving commercial hub in a high-traffic area. The expansive lot size allows for a variety of development options, catering to a wide range of commercial uses. This is an unparalleled opportunity to establish a landmark commercial presence in a rapidly growing region. The property's prime location and substantial size make it an exceptional investment prospect.
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
- Oroville
- County
- Butte
- State
- California
- Longitude
- -121.646
- Latitude
- 39.498
