15521 Ca-99

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15521 Ca-99

Chico, CA 95973
Asking Price
$275K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large 20.77-acre parcel available for immediate purchase
  • Prime location directly adjacent to Highway 99 in Chico
  • Versatile land suitable for commercial or industrial development
  • Situated within the growing Butte County economic corridor
  • Offered at an asking price of 275,000 dollars

What's Special

Development potential defines this 20.77-acre land parcel situated along the Highway 99 corridor in Chico, California. Positioned to benefit from the steady growth of the northern Sacramento Valley, this property provides substantial acreage suitable for agricultural ventures, industrial expansion, or specialized commercial development. The flat topography and strategic proximity to regional transit arteries facilitate efficient logistics and access for heavy equipment or high-volume transport operations. Chico serves as a vital economic hub for Butte County, hosting a diverse workforce supported by regional educational and healthcare institutions. Prospective investors and developers will find this site well-suited for projects requiring significant utility or landscape flexibility. The expansive footprint allows for scalable master planning in a region known for its strong agricultural roots and diversifying business landscape. Proximity to major transit routes ensures connectivity between local operations and broader California distribution networks.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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