99 Ca-99 Cohasset, CA 95973
- Land
- 916.01 lot acres
Current Use by Public Records
- Land
Property Details for 99 Ca-99
- Lot size
- 916.01 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
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
- Cohasset
- County
- Butte
- State
- California
- Longitude
- -121.856
- Latitude
- 39.8633
