Caruthers

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Caruthers

Chico, CA 95973
Asking Price
$299K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel of land priced at two hundred ninety-nine thousand dollars
  • Total land area encompasses two acres of development space
  • Property is situated in the 95973 ZIP code of Chico
  • Region is supported by California State University and local industry
  • Site offers potential for diverse commercial or development use cases

What's Special

Priced at $299,000, this two-acre parcel of land in Chico, California, presents a clear development potential for investors and owner-users. Situated in the 95973 ZIP code, the property provides sufficient space for various land-use applications within a growing market in Northern California. Chico is well-regarded for its regional economic stability, anchored by the presence of California State University and a diverse local business base. Access to the property is supported by the surrounding regional infrastructure, making it a functional choice for those looking to expand their real estate portfolio or establish a footprint in this part of Butte County. Whether intended for commercial development or other project-specific requirements, the site offers a scalable foundation for future investment. The surrounding area maintains a consistent demand for well-positioned land, supported by its proximity to essential services and transport routes serving the broader metro region.

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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534

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