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Property profile & analytics
OFF-MARKET
Land

99 Ca-99 Cohasset, CA 95973

916.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 916.01-acre agricultural property presents a unique investment opportunity in Butte County, California. Located at 99 CA-99 near Chico, this expansive land parcel boasts Highway 99 frontage, offering excellent visibility and accessibility. The property is zoned AG and features a gentle sloping topography, making it ideal for various agricultural uses, including vineyards, or as a prime location for solar development, given its existing solar overlay. The land is comprised of five separate parcels (APN: 040 600 058, 040 600 059, 040 600 060, 040 600 061, 040 600 062) and is currently held under an LLP ownership structure. Access is provided via existing paper roads, and the property is strategically situated with federal and state lines traversing it. The asking price is $8,250,000, translating to $10,000 per acre. This presents a compelling opportunity for investors seeking a large-scale agricultural or solar project in a desirable California location. The sale is structured to accommodate a 1031 exchange, providing additional tax advantages for qualified buyers. The property's size, location, and zoning make it a rare and highly sought-after asset.

Property profile
Verified
Property type Land
Lot 916.01 ac (39,901,396 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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