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    35 Pearson Rd Paradise, CA 95969
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    35 Pearson Rd Paradise, CA 95969

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    • Commercial real estate
    • 0.31 lot acres
    For Sale
    $75,000
    View Listing →
    Downtown Paradise Land For Sale For Sale
    $75,000
    0.31 Acres

    Downtown Paradise Land For Sale

    Prime downtown location with development potential in Paradise, California.

    35 Pearson Road, Paradise, CA 95969
    View Listing
    Property ID
    US09-3251728
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 35 Pearson Rd

    Lot size
    0.31 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.31-acre commercial lot, situated at 35 Pearson Road in Paradise, CA, presents a unique investment opportunity. Boasting 73 feet of frontage along the desirable Pearson Road, this property is ideally positioned within Paradise's burgeoning downtown district, a rapidly expanding area of California. The lot is zoned Central Business (CB), offering a wide range of development possibilities. Its strategic location is just one parcel away from the intersection of Skyway and Pearson Road, providing excellent visibility and accessibility. Recent infrastructure improvements, including freshly paved roads, new sidewalks, decorative streetlights, and underground utilities, enhance the property's appeal. Furthermore, this location falls within the proposed sewer project area, potentially expanding future development options. The property's history includes uses such as a feed store, craft retail, and an antique dealership, demonstrating its versatility. The PID account is active, and there's potential for acquiring neighboring parcels to accommodate larger projects. Invest in the future of Paradise and capitalize on this prime commercial land in a thriving community. Don't miss this chance to secure a piece of Paradise's dynamic growth.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Butte
    State
    California
    Longitude
    -121.6279
    Latitude
    39.75378

    Comparable in this City

    • $399,000
      768 SF

      along with beautifully landscaped front and rear areas

      including a pave stone patio perfect for outdoor seating or events. A storage shed adds practical functionality to the space. The true gem of this property lies in the size and future potential of the land. With ample space for expansion or new ventures
      6201 Skyway, Paradise, CA 95969
      View Details
    • Contact for pricing

      Commercial Land in Paradise Business

      Commercial land parcel in a rapidly growing California town.
      67 Pearson Rd, Paradise, CA 95969
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      Paradise View Lot in Gated Community

      View lot in gated community near Lake Oroville and Chico.
      4441 Sierra Del Sol, Paradise, CA 95969
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      Cleared Lot in Paradise, CA

      Cleared lot ready for building with mature trees and landscaping.
      1457 Carroll Ln, Paradise, CA 95969
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      Spacious Lot in Paradise, CA

      0.6 acre corner lot ready for new construction in Paradise.
      1300 Elliott Rd, Paradise, CA 95969
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      One-Acre Vacant Lot in Paradise

      One-acre vacant lot in Paradise, CA, with utilities available.
      6270 Azalea Ln, Paradise, CA 95969
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    Similar Nearby for Sale

    • $399,000
      768 SF

      along with beautifully landscaped front and rear areas

      including a pave stone patio perfect for outdoor seating or events. A storage shed adds practical functionality to the space. The true gem of this property lies in the size and future potential of the land. With ample space for expansion or new ventures
      6201 Skyway, Paradise, CA 95969
      View Details
    • Contact for pricing

      Residential Lot in Gated Community

      Residential lot in 55+ gated community with amenities.
      803 Savannah Way, Paradise, CA 95969
      View Details
    • Contact for pricing

      Ready-to-Build Paradise Acreage

      One-acre parcel in Paradise with utilities, sheds, and stream.
      1833 Stark Ln, Paradise, CA 95969
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    • Contact for pricing

      Commercial Land in Paradise

      Centrally located commercial land suitable for various uses.
      7931 Skyway, Paradise, CA 95969
      View Details
    • Contact for pricing

      Large Parcel in Paradise

      3.95 acre parcel, build your dream home or divide.
      1380 Pearson Rd, Paradise, CA 95969
      View Details
    • Contact for pricing

      Cleared Lot Ready for Build

      Cleared lot in Paradise, CA, ready for new construction.
      960 Pearson Rd, Paradise, CA 95969
      View Details

    Similar Nearby for Lease

    • $475 /Mo

      RV Park Space in Paradise, CA

      RV parking spaces for rent in central Paradise, California.
      1280 Wagstaff Rd, Paradise, CA 95969
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    • $350 /Mo
      200 SF

      Updated Office Space in Paradise

      Private first-floor office space with ample parking and utilities included.
      6141 Center St, Paradise, CA 95969
      View Details
    • $1,695 /Mo

      Prime Retail/Office Space Available

      Excellent location in busy Paradise shopping center, Skyway frontage.
      6848 Skyway, Paradise, CA 95969
      View Details
    • Contact for pricing
      32,457 SF

      Paradise Retail Center Space Available

      Retail spaces available in Paradise's dominant shopping center.
      6600-6606 Clark Rd, Paradise, CA 95969
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center

      Community shopping center anchored by SaveMart in Paradise, California.
      6646 Clark Rd, Paradise, CA 95969
      View Details
    • $2,148 /Mo
      1,953 SF

      Commercial Unit with Drive-Up Window

      Commercial unit suitable for pharmacy, retail, office, or coffee shop.
      6585 Clark Rd, Paradise, CA 95969
      View Details
    View Listing
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    Paradise, CA 95969
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    35 Pearson Rd, Paradise, CA, 95969
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