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Property profile

2434 Spenceville Rd Wheatland, CA 95692

FOR SALE
Land
Property ID
US09-1686239
104.38 ac lot
Entity Owned 10-yr Hold
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2434 Spenceville Rd, Wheatland, CA 95692 For Sale
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2434 Spenceville Rd, Wheatland, CA 95692
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Property summary

AI-generated overview

This exceptional 104.38-acre property presents a unique investment opportunity in Wheatland, California. Situated within the Johnson Rancho and Hop Farm Annexation Project, this expansive land parcel offers significant commercial and agricultural potential. The property's strategic location is bordered by the Yuba County/Placer County line to the south, State Route 65 and Union Pacific Railroad tracks to the west, Spenceville Road and Dry Creek to the north, and the eastern boundary of the Wheatland sphere of influence to the east. The asking price is $3,966,440. This sizable acreage provides ample room for diverse development possibilities, making it an attractive proposition for both commercial and farming ventures. The property's address is 2434 Spenceville Rd, Wheatland, CA 95692. Its convenient location offers easy access to major transportation routes, enhancing its logistical advantages. Detailed surveys and environmental reports are available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with excellent growth prospects. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 104.38 ac (4,546,793 SF)
UPID US09-1686239

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2434 Spenceville Rd Wheatland, CA 95692
Wheatland metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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