Property profile

3063 Oro Dam Blvd Oroville, CA 95965

OFF-MARKET
Land
Property ID
US09-2897432
421.2 ac lot
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Property summary

AI-generated overview

This exceptional 421.2-acre property in Oroville, California, presents a unique investment opportunity. Comprising two adjacent parcels (approximately 162.36 and 258.84 acres), this expansive land tract boasts an impressive 3,200 linear feet of paved road frontage on State Route 162, strategically positioned between Highways 70 and 99. Its proximity to Oroville's popular Thermalito Afterbay, a 4,300-acre water recreation area, adds significant recreational value. The property is currently zoned RR5, the same zoning it held when a prior development agreement was approved (October 5th, 2010) for a 2,400-lot subdivision, although that agreement has since expired. Utilities include power at the street and a water line at the adjacent Linkside Place Subdivision. An existing dilapidated home and well are located on the property, offering potential for a custom ranch site. The land's location, size, and zoning make it ideal for various development projects or as a substantial land bank investment. Detailed prior development documentation, surveys, and tentative title reports are available upon verification of purchasing ability. Priced at $8,900,000 ($21,140.14 per acre), seller financing may be available with a 50% down payment; terms are negotiable. This is a rare opportunity to acquire a significant land holding in a rapidly developing area. APN: 030-260-053 & 030-260-054.

Property profile

Verified
Property type Land
Lot 421.2 ac (18,347,472 SF)
UPID US09-2897432

Cap rate & NOI

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

Location

3063 Oro Dam Blvd Oroville, CA 95965
Oroville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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