$999,000
FOR SALEActive0 Lincoln Boulevard
Oroville CA 95966
100
SF
UnimprovedLand
Type
N/A
Built
$9,990/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Extraordinary opportunity to acquire approximately 111 acres of residential development land in unincorporated Butte County near the southern Oroville city limits. The property was previously planned as “The Communities at Cottonwood Creek,” a master-planned residential community concept featuring 644 proposed residential lots/units arranged among multiple residential villages, together with a proposed ±20-acre regional park and approximately 40,000 linear feet of active trail system. Offered at $999,000, or approximately $9,000 per acre and just $1,551 per proposed residential lot, providing an exceptionally low land basis for a large-scale residential development opportunity. The property consists of three assessor parcels, APNs 035-130-074, 035-130-120 and 035-130-179, and is situated east of Lincoln Boulevard/Road, south of Ithaca Street and north of the Oak Knoll area. Significant previous development and due-diligence work has already been completed, including expired tentative subdivision/PUD planning, geotechnical engineering, Phase I environmental assessment, biological resources studies, wetland delineation, traffic, drainage, archaeological, noise, sewer and water analyses, and utility coordination. The prior development concept utilized clustered residential planning intended to preserve open space and natural features while creating a connected community of residential neighborhoods, parks and trails. An outstanding opportunity for a builder, developer or land speculator seeking substantial residential acreage at a compelling basis in the Oroville market.
Property Information
Property Overview
Commercial - UnimprovedLand
Property Type
Active
Status
ARS
Zoning
111.88 acres
Lot Size
100 SF
Square Footage
$9990.00/SF
Price per SF
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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