3063 Oro Dam Blvd Oroville, CA 95965

Property Details for 3063 Oro Dam Blvd

Lot size

421.20 lot acres

Property type

Commercial real estate

APN

030-260-053 & 030-260-054

Description

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.