15 Pepsi Way Durham, CA 95938

Property Details for 15 Pepsi Way

Year built

1990

Lot size

3.06 lot acres

Property size

15,600 SF

Property type

Warehouses

APN

040-490-023-000

APU

40490023000

Description

This exceptional 293,158 square foot industrial property, situated on a 6.73-acre lot in Durham, CA (APN: 040-490-024-000), presents a lucrative investment opportunity. Currently zoned GI, it offers diverse usage potential, including manufacturing, warehousing, and RV/boat storage. The property boasts a prime location on Highway 99, just 5.5 miles from Chico (population 120,000) and 10 minutes from Lake Oroville. Its proximity to Butte College (12,669 students) and its location on the same exit as the college further enhance its appeal. The asking price is $1,382,000 ($4.71/sq ft). Comprehensive due diligence materials are available for qualified buyers, including an ALTA survey, Phase 1 environmental report, zoning compliance report, NHD disclosure, and design proposals from Baja and Kiwi II Construction. The seller is open to financing options, including a potential partnership. The high demand for covered RV and boat storage within a 20-mile radius (population approximately 200,000 encompassing Chico, Oroville, and Paradise) makes this a compelling investment with significant upside potential. The property includes gated and covered boat/RV storage and is suitable for warehousing and equipment sales and service.

Location Insight

City

Durham

County

Butte

State

California

Longitude

-121.722

Latitude

39.6462

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments