8.70 acres | #SN24223749
Description
One of the most exciting and unique real estate investment and development opportunities in recent memory. Own a leased broadcasting studio and extra development land to subdivide into larger estate home lots. Located on a stunningly beautiful country lane across the street from the Mendocino National Forest Chico Orchard, also known locally as the "Tree Farm".
The offering consists of an 8.78 Acres Parcel with a 4,200 sq. ft. office studio built in 1995. Seller will lease back the studio and broadcast facilities on about two (2) acres, providing the buyer with dependable, secure income. The property is zoned RS-20 Suburban Residential with 20,000 sq. ft. minimum lot coverage, offering a possible subdivision opportunity of up to 14 large and beautiful lots. Subject Property is in the Chico City Limits. Please do not disturb Tenant!
Property Details
- Lot DescriptionLevel, Trees
- Stories1
Measurements
- Acres8.7
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyButte
Financial Details
- Original List Price$1,682,000
Other
- MLS #SN24223749
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Michael Donnelly (#CH186040019)
Listing Office: Coldwell Banker C&C Properties (#CHDUFOU)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.