1240 W Wood St - Hotel Development Site in Willows, CA
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1240 W Wood St - Hotel Development Site in Willows, CA
3.21 Acres of Commercial Land Offered at £938,940 in Willows, CA 95988
Investment Highlights
- 3.21 Acres (+/-)
- 1 Hour North of Sacramento, in the Heart of Willows Commercial District
- Major Commercial and Residential Projects are Underway Nearby
- Excellent location directly off Interstate 5
- Plans for Comfort Inn Have Been Prepared, and City of Willows has Full Support for Hotel
Executive Summary
This land development site in Willows, CA is comprised of a large parcel plot of land that encompasses a total of 3.21 acres (+/-). It is zoned "Highway Commercial " and is adjacent to Interstate 5 with excellent visibility, just over an hour North of Sacramento. There are multiple access points via easements on N Humboldt Ave. There is also access to CA-162 Freeway
The lot is directly adjacent to KFC, La Taquería, Black Bear Diner and Chevron in the heart of Willows' commercial district. Willows is the county seat for Glenn County, with major hunting and auto racing attractions nearby, including Thunder Hill Race Track. The City will allow an 80' high sign that will be visible from I-5 Freeway. There is a North Valley Commercial Center, 38 acre park that is zoned for a full range of commercial uses in development nearby, as well as an adjacent residential development project in progress.
Choice has shown strong interest, working with the Seller to approve two options for a Comfort Inn, at 86 units and 3 stories or 60 units and 2 stories. Other brands may also be available.
The lot is directly adjacent to KFC, La Taquería, Black Bear Diner and Chevron in the heart of Willows' commercial district. Willows is the county seat for Glenn County, with major hunting and auto racing attractions nearby, including Thunder Hill Race Track. The City will allow an 80' high sign that will be visible from I-5 Freeway. There is a North Valley Commercial Center, 38 acre park that is zoned for a full range of commercial uses in development nearby, as well as an adjacent residential development project in progress.
Choice has shown strong interest, working with the Seller to approve two options for a Comfort Inn, at 86 units and 3 stories or 60 units and 2 stories. Other brands may also be available.
Property Facts
1 Lot Available
Lot
| Price | £938,940 | Lot Size | 3.21 AC |
| Price Per AC | £292,505 |
| Price | £938,940 |
| Price Per AC | £292,505 |
| Lot Size | 3.21 AC |
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PROPERTY TAXES
| Parcel Number | 001-041-024-000 | Improvements Assessment | £0 |
| Land Assessment | £124,640 | Total Assessment | £124,640 |
PROPERTY TAXES
Parcel Number
001-041-024-000
Land Assessment
£124,640
Improvements Assessment
£0
Total Assessment
£124,640
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1240 W Wood St - Hotel Development Site in Willows, CA
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