$3,250,000
One of the most ready to go multi-family residential development parcels in Chico. Beautiful 5.90 acres parcel zoned R2 Medium Density planned for up to 42 duplex units. Single family and multi-family units continue to be built in the Oak Valley Subdivision Development Project, which will consist of more than 1,300 units when fully completed. The property is served by the newly built Yosemite Rd. bridge and extension with curbs, sidewalks and gutters, and all utilities are at the site. A new 79 unit senior housing project has been approved across the street and housing demand remains high. Adjacent to the Old Humboldt Road Trailhead and new world class bike path. Next to beautiful seasonal creek and greenway with incredible valley views.
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Listed by Michael Donnelly with Commercial Brokers of California (530) 828-0011
Property Type
Unimproved Land
Status
Active
MLS Number
SN25118904
Year Built
N/A
Lot Size
5.90 acres