Nelson Avenue
Oroville, CA 95965
56.45 acres | #SN23045723
Description
Attention all real estate investors and developers! Are you on the hunt for a prime development opportunity? Look no further than these 56+ acres of land located in a highly desirable area of Butte County, nestled along the Thermalito Forebay in Oroville, and situated near schools, ball parks, and Butte County administrative offices– This dynamic location provides the perfect blend of small-town charm and big-city convenience, with a seamless commute to neighboring communities like Chico & Paradise. A tentative subdivision map for 190 (.25ac) lots was approved back in 2008, with extension running through 2019, but unfortunately, it never came to fruition due to the economic downturn. This means that this land is ripe for the picking, and with the right development plans, this property could be transformed into a lucrative investment opportunity. Don't miss out on this chance of a lifetime! **Ask your agent for the supplemental documentation for this property— This documentation provides compelling details regarding this unique and promising real estate opportunity. Previous approvals may help pave the way for expedient progress on infrastructure and construction, while professional engineering plans help lay out a vision for how to best utilize the location and terrain to maximize the potential of this premier development property. Together, these materials can help paint a vivid picture of the possibilities for creating an attractive, thriving new community hub in this ideal setting.
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Steve Depa (#CH157000110)
Listing Office: Re/Max of Chico (#CHREMAX)
