Description
Opportunities like this do not come along very often! This property is just under 10 total acres, is located in the desirable Thermalito area of Oroville and has been tentatively approved for a 40 lot subdivision. The town of Oroville is growing rapidly and is in desperate need of affordable single family housing. This property is the perfect way for an investor/developer to step in and help fill that need. Close to schools, retail centers and providing easy access to Highway 70, this is prime area for growth. Priced at an unbelievable $30,000 per acre, there is definitely a huge upside on this one. The reasonable cost means that it could be used as a great land-banking opportunity as well!
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: Dan Bosch (#CH157000247)
Listing Office: Re/Max of Chico (#CHREMAX)
