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Property profile & analytics
OFF-MARKET
Land

0 Heritage Rd Oroville, CA 95966

22.76 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to develop approximately 95 residential lots on this 22.76-acre parcel in Oroville, California. Located on Heritage Road, this property boasts a prime location near Lake Oroville, Miners Ranch Reservoir, shopping, restaurants, and schools. The land is conveniently situated in Butte County, with easy access to essential utilities including power, water, and sewer. The property consists of four parcels (APN: 069-520-033, 069520-034, 069-520-035, 069-520-036) and features Dunstone Loam and Loafercreek Loam soils. Zoned MDR (Medium Density Residential), this land allows for up to 6 units per acre, with a minimum lot size of 6,000 square feet. Building codes include minimum setbacks of 20 feet in the front, 5 feet on the sides, and 10 feet in the rear, and a maximum height of 35 feet. The rolling hills offer a desirable setting for residential development, and the property's proximity to existing residential construction in the Village Oaks neighborhood further enhances its appeal. Supplemental documents, including an offering memorandum, zoning information, soils reports, NHD report, and a potential subdivision map, are available. A video tour and topography maps are also accessible. Asking price: $1,045,000. Zip code: 95966.

Property profile
Verified
Property type Land
Lot 22.76 ac (991,426 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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