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Property profile & analytics
OFF-MARKET Estimated value $775,000
Warehouses

760 Safford St Oroville, CA 95965-4516

2,400 SF 0.83 ac lot Built 1953
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3557458
Property summary
AI-generated overview

This exceptional special-purpose property in Oroville, CA, presents a lucrative investment opportunity. Priced at $749,999, this expansive venue is ideal for diverse events, including weddings, concerts, reunions, and sporting events. The property boasts a custom-built gazebo accommodating up to 70 guests, complete with a dance floor, power outlets, and bistro lights. Multiple outdoor amenities include a deep-pit BBQ, private stamped-concrete patios, four bocce ball courts, and custom outdoor lighting. The entire property is securely fenced with two custom gates. Two RV spaces, each with power, water, and sewer hookups, are situated on a fully fenced blacktop area with shared lawn and garden plantings. Two shipping containers are conveniently located on concrete pads. A well provides water for the entire property. Mature landscaping and timed sprinklers enhance the property's aesthetic appeal. The main building features two distinct spaces. Space #1, at 800 square feet, includes an oversized mahogany Craftsman-style entry door, a bar sink with garbage disposal and stainless steel counters, cabinets, a separate water heater, a large bar with built-in plugs and shelving, a dishwasher, and an ADA-compliant bathroom. French doors provide access to a fully fenced outdoor area. Space #2, accessible via double French doors, is currently used as a barrel room/dining room and includes another ADA bathroom. A commercial roll-up door provides access to the rear of the building, patios, and a second warehouse. Two mini-splits provide cooling. A second warehouse, built in 2020, offers 1200 square feet of space, a 300-square-foot covered patio with lighting, an ADA restroom, R-30 insulation, and a 14-foot high ceiling in the storage area. This warehouse also includes a laundry room, storage room, sink, mop sink, and an ADA bathroom accessible from both the warehouse and the outside. The property includes a dedicated food preparation area. This turnkey event venue offers endless possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1953
Total area 2,400 SF
Lot 0.83 ac (36,154 SF)
Zoning code R2
APN 012-290-011-000
UPID US09-3557458
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vibe Grill and Pub at Purple Line Winery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k
Owner & transaction history
Benison Realty LLC · 3 yrs held
Benison Realty LLC
since 2023
Last sale
$750,000
1 recorded transaction
2023
$750,000
Zoning & alternative use
R2 · Oroville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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