0 Garner Ln Chico, CA 95973
This exceptional 60-acre parcel in north Chico presents a rare development opportunity. Located amidst prestigious, upscale neighborhoods, this property is zoned for very low-density residential development, ideal for creating large, individual estate lots. Access is available via deeded easement from Garner Lane or a county right-of-way from Kittyhawk Drive. The site's strategic location offers significant value, supported by recent comparable sales data showing an average price of $1,078,000 for newly constructed homes in the area within the last year, and $970,000 over the past five years. This unique property allows for the creation of a truly exclusive residential community, capitalizing on the high demand for luxury homes in this desirable Chico location. The property's size and zoning provide exceptional flexibility for a discerning developer. The provided map is conceptual
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.