655 Colusa Ave Yuba City, CA 95991-3943
This exceptional 0.71-acre (30,995 sq ft) property at 655 Colusa Ave, Yuba City, CA 95991, presents a compelling investment opportunity. Situated on a highly visible corner lot measuring approximately 178' x 172', this parcel boasts a C-3 zoning designation and benefits from significant daily traffic volume of approximately 45,000 cars. The property is currently 100% vacant and offers substantial potential for redevelopment. Alternatively, the existing structure, totaling 9,000 square feet (7,200 sq ft on the ground floor and 1,800 sq ft on the second floor), presents an owner-user opportunity for retail or office space. The site includes 29 existing parking spaces. This location in Sutter County offers a unique chance to capitalize on a high-traffic area with diverse development possibilities. The asking price is $1,200,000. Don't miss this chance to acquire a prime piece of Yuba City real estate.
Article 14. - General Commercial District (C-3) Share Link Print Download (docx) Email Share Link to section Print section Download (Docx) of sections Email section Sec. 8-5.1401. - Purpose. Share Link Print Download (docx) Email Share Link to section Print section Download (Docx) of sections Email section This district is intended to provide for the entire…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Yuba City, CAArticle 14. - General Commercial District (C-3) Share Link Print Download (docx) Email Share Link to section Print section Download (Docx) of sections Email section Sec. 8-5.1401. - Purpose. Share Link Print Download (docx) Email Share Link to section Print section Download (Docx) of sections Email section This district is intended to provide for the entire range of commercial uses. It is consistent with the Community Commercial and Regional Commercial General Plan designations. (§ 8-5.1401, Ord. 010-94, eff. January 5, 1995)
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Risks
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