2015 Nord

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2015 Nord

Chico, CA 95926
Asking Price
$375K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The parcel for sale spans a total area of 1.9 acres
  • Located at 2015 Nord in the city of Chico California
  • Asking price for this land asset is set at 375000 dollars
  • Property is well positioned for residential or commercial development projects
  • Site coordinates are situated at 39.7370 north and 121.8741 west

What's Special

This 1.9-acre land parcel in Chico, California, is currently available for purchase and presents a functional footprint for developers or investors seeking a project in this region. The site provides a flexible canvas for potential commercial or residential development, depending on local planning requirements and market needs. Located in the 95926 ZIP code, the property benefits from its position within a growing Northern California market known for its university presence and stable regional economy. Positioned near major thoroughfares, the site offers accessible transit options for future occupants or end users. With the substantial acreage available, the land is well-suited for diverse applications ranging from multi-family residential projects to commercial business ventures. Prospective buyers will find this an advantageous addition to their portfolio in a city that continues to see consistent demand for new construction and infrastructure development. The property at 2015 Nord stands ready to accommodate various development strategies focused on growth in the Chico area.

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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