Individually Owned 
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Property summary
This exceptional $380,000 investment opportunity in Clipper Mills, California, presents a unique blend of established businesses and redevelopment potential. Located at 12225 La Porte Road, Butte County, zip code 95930 (39.5338526, -121.156718), the property boasts a diverse portfolio of income-generating assets. Currently operating businesses include BigFoot Eats (restaurant/market) and the Clipper Mills/Strawberry Post Office. The property also includes two existing two-bedroom rental units and a laundromat requiring some refurbishment. An additional versatile unit is also available. While the former Ford Dealership building on the property is no longer habitable, it presents a significant redevelopment opportunity. This multi-use property offers a rare chance to acquire a long-established landmark with substantial income potential and the flexibility to create additional revenue streams. Its convenient location, minutes from recreational areas, makes it an attractive proposition for those seeking a mountain home with built-in income-producing amenities. This is a truly unique opportunity for an investor seeking a diverse and potentially high-return investment. The property is classified as multifamily and commercial, encompassing land and an apartment building (although the number of units is currently zero, due to the nature of the existing businesses).
Property profile
VerifiedCap rate & NOI
Current use
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Post Office Logistics Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Clipper Mills market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-C · Clipper Mills, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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