Current Use by Public Records
- Specialty properties
Property Details for 6397 Co Rd
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional 24.35-acre property in Orland, CA, presents a unique investment opportunity for developers. Boasting 1,060,686 square feet of land, this parcel is strategically located near the I-5 freeway exit, offering high visibility and convenient access. The property features mixed zoning, allowing for diverse development possibilities, including commercial, industrial, residential, and multifamily uses. Its location near a shopping center and the new Butte College extension further enhances its appeal. The property benefits from readily available sewer access, simplifying development plans. High traffic counts exceeding 36,000 vehicles daily on both South Bond and North Bond provide excellent exposure. Furthermore, this property is situated within an Opportunity Zone, offering significant tax advantages for investors. The asking price is $4,773,087, or $4.50 per square foot. The land is divisible into smaller lots, making it suitable for various development projects. This is a rare chance to acquire a large parcel in a rapidly growing area with excellent infrastructure and significant development potential. The partnership ownership structure offers a streamlined acquisition process. Don't miss this chance to capitalize on the thriving Orland market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orland
- County
- Glenn
- State
- California
- Longitude
- -122.211
- Latitude
- 39.7439
