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Gridley,CA 95948
Key Details
Property Type Commercial
Sub Type Commercial Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225036354
HOA Y/N No
Originating Board MLS Metrolist
Lot Size 1.230 Acres
Acres 1.23
Property Sub-Type Commercial Acreage
Property Description
EXECUTIVE SUMMARY This Northern California property represents an excellent opportunity for a builder/developer entry into this booming Commercial market. In total there is 1.23+/- acres of Commercial Highway 99 frontage on this busy corridor. The City of Gridley is very developer friendly and looking to expand. Owning its own power company it offers rates 20% lower than PG&E & has the ability to be flexible with developers to help keep rates much lower. Average Daily Traffic Count (ADT) is well over 25,000+ cars/day & growing with this highly visible property. Housing demand is excellent with most buyer profiles coming from the greater Sacramento & the Bay area in search of more desirable living within the common budget of $450,000-$800,000. The Seller can get very creative. Currently the property is in one parcel. Located in an area that has favorable infrastructure, access and an opportunity for further lot splits. QUALITY OF LIFE The community offers an outstanding quality of life. Gridley residents and businesses enjoy wonderful weather, affordable real estate, and incredible recreational opportunities. The area continues to see a strong mass migration of people wanting out of the metropolitan cities, due to Covid and their ability to telecommunicate for work.
Location
State CA
County Butte
Area 12558
Zoning COMMERCIAL HWY
Direction Located on Hwy 99, Southern part of Gridley.
Exterior
Fence Partial
Utilities Available See Remarks
Water Access Desc Public
View City
Topography Level
Road Frontage Highway Exposure,Freeway,Freeway Exposure,Highway
Building
Lot Description Corner,Curb(s),Fire Hydrant(s),Sidewalk(s),Storm Drain(s),Street Light(s)
Sewer Public Sewer
Water Public
Schools
Elementary Schools Gridley Unified
Middle Schools Gridley Unified
High Schools Gridley Unified
School District Butte
Others
Senior Community No
Tax ID 021-110-053
Special Listing Condition None