2192 Oak

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2192 Oak

Chico, CA 95973
Asking Price
$640K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 20.06-acre land parcel is currently listed for $640,000.
  • Property is situated within the 95973 zip code of Chico.
  • Large acreage offers potential for various development or investment strategies.
  • Chico serves as a key economic and commercial regional hub.
  • The asset provides substantial scale for future site planning projects.

What's Special

Priced at $640,000, this 20.06-acre land parcel occupies a strategic position in Chico, California. The expansive site provides significant scale for developers and investors looking to capitalize on the steady growth of this Northern California regional hub. Chico serves as a primary commercial and educational center for the northern Sacramento Valley, benefiting from its proximity to major transportation arteries and a consistent population base. Given the acreage available, the property supports a variety of potential development applications, ranging from agricultural ventures to residential or commercial site planning depending on local municipal requirements. Its size and accessibility make it a versatile asset within the 95973 zip code, offering flexibility for long-term land banking or immediate project implementation. Buyers seeking to establish a footprint in this growing suburban market will find the site well-positioned to support diverse functional needs within the regional landscape.

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NOI
$80,000
Cap Rate
12.50%
DSCR
2.11
Strong
Cash-on-Cash
21.88%
Monthly Payment
$3,166.371
Annual Cash Flow
$42,003.55

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