Property summary
This expansive 6,400 square foot industrial building in Magalia, CA, presents a unique investment opportunity. Situated on a 0.41-acre lot at 6443 Hollywood Road, this mixed-use property offers significant potential for various business ventures. The building features a robust iron frame and metal exterior, complemented by multiple skylights for ample natural light. Four roll-up doors facilitate easy access for loading and unloading, while the reinforced rear section can comfortably accommodate forklifts and heavy materials. Internal features include two bathrooms, a partitioned office area, air compressors, numerous electrical outlets, and secondary breaker panels. The property also boasts an enclosed RV-height metal carport for additional storage or parking. Ample front parking is available, and the location offers convenient access via a broad frontage road and adjacent side street, easily accommodating semi-trucks. The property benefits from 3-phase electrical service. Exterior security measures include concrete retaining walls, cyclone fencing, and barbed wire. Temperature control is managed by large portable swamp coolers and hanging industrial propane heaters. Its strategic location provides quick access to Paradise, Chico, and Highway 99. The seller is open to negotiating terms with qualified buyers and may consider owner financing. This property offers a compelling value proposition, priced below current construction costs.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CC · Magalia, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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