162 Oro Dm Rd St Hwy Oroville, CA 95965
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.