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698 Hambright Ave - Commercial Residential Development Parcel

5.08 Acres of Commercial Land Offered at $1,224,765 CAD in Orland, CA 95963

Investment Highlights

  • Commercial-Residential Development Opportunity
  • Two Prime Commercial Corners on Hwy 32
  • Next to New Home Subdivision

Executive Summary

PRICE REDUCED! of both worlds - Commercial and Residential! Versatile and unique dual zoning of C-2 Community Commercial/R-1 (0-6 units per acre). This is your next development opportunity or land bank investment. This is the best "Ready to Go" parcel in Orland. Infrastructure is in place including curb, sidewalks and gutters, utility undergrounding and highway frontage landscaping . Not one, but two high traffic corners on Highway 32 for maximum commercial value. Located in the path of growth, right on the commuter corridor to Chico.

Property Facts

Price $1,224,765 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Tienda de conveniencia
  • Drugstore
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Supermarket
Total Lot Size 5.08 AC
Cross Streets State Route 32
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,224,765 CAD
Price Per AC $241,095 CAD
Lot Size 5.08 AC

PRICE REDUCED! Perfect ready to go commercial residential parcel next to new home subdivision on the going to work side of Hwy 32.

Description

Best of both worlds - Commercial and Residential! Versatile and unique dual zoning of C-2 Community Commercial/R-1 (0-6 units per acre). This is your next development opportunity or land bank investment. This is the best "Ready to Go" parcel in Orland. Infrastructure is in place including curb, sidewalks and gutters, utility undergrounding and highway frontage landscaping . Not one, but two high traffic corners on Highway 32 for maximum commercial value. Located in the path of growth, right on the commuter corridor to Chico. Contact us now to discuss and make your offer. New residential units being built! See attached article

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
046-370-001-000
Land Assessment
$406,426 CAD
Improvements Assessment
$0 CAD
Total Assessment
$406,426 CAD

zoning

Zoning Code C-2 (Community Commercial/R-1 (0-6 units per acre))
C-2 (Community Commercial/R-1 (0-6 units per acre))
  • Listing ID: 29810477

  • Date on Market: 2023-10-17

  • Last Updated:

  • Address: 698 Hambright Ave, Orland, CA 95963

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