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2492 Carmichael Drive, Chico
Chico, CA 95928
QSR Drive Thru, Mini-Mart, Retail · Land For Sale · 1.00 ac

INVESTMENT HIGHLIGHTS

  • Parcel Sized to your preference - 1 Acre Pad easily expanded to 2 Acres (Common Ownership & Mgmt. w/ adjoining finished parcel)
  • The Only Ready to Build, Finished pad currently Available in Chico with this quality, location, zoning and easy access
  • Fully Improved Pad with All Utilities in the street and fronting the parcel, lighted and landscaped
  • Located AT the Hwy. 99 and E. Park Ave. Interchange in desirable South Chico with its enhancements of shopping, dining & housing
  • One mile from the future "Valley's Edge" 14,148 Acre Master Planned Community of 2,700 homes, plus apts and 50-acre Mixed Use
  • Located at a Signalized Intersection with High ADT that Drows from Chico, Paradise and surrounding communities

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Fast Food
  • Restaurant
  • Service Station
  • Retail Park
Total Plot Size 1.00 ac
Use Class Commercial Services - CS, Commercial Services. Allows virtually any commercial use: QSR Drive-Thru, Restaurant, Mini-Mart, Retail, Office, Hotel

DESCRIPTION

- Estimated completion, 26 May 2025 - Updated Photos site upon completion - For Sale or Ground Lease - Price TBD - Flexible Sizing: Pad size 1 - 2 Acre Pad, Fully Improved, Paved, Landscaped, and Lighted, utilities fronting lot. - Existing One Acre Pad may be expanded for the right user [Shares Common ownership with adjoining 4.13 acre fully improved parcel] - QSR/Drive Thru, Gas Station/Mini-Mart, Retail or Office (Zoned CS, "Commercial Services") - Located AT the Highway 99 & E Park Avenue/Skyway Interchange - High Traffic Counts / ADT - Property draws from Tri-City area, Chico, Paradise, Oroville, and surrounding communities - Connectivity to "The Valley's Edge" master planned community one mile from subject property [1,448-acre master planned community, approved in 2023, 2,700 single family homes, 162 multi-family, and 50 acre mixed-use commercial and retail] - Street front, located at a Signalized Intersection, high visibility from E. Park Ave with and high ADT - Nearby traffic generators include adjacent to two Marriott hotels, Lowes, Home Depot, prominent retail shopping center - Site configured for QSR, Convenience Store, may be expanded to 2.5 acres - Utilities in the street fronting parcel (water, sewer, storm drain, electricity, fiber and natural gas) - No improvement bonds

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-570-011-000
Land Assessment
£377,552
Improvements Assessment
£180,018
Total Assessment
£557,570
  • Listing ID: 28970891

  • Date on Market: 11/07/2023

  • Last Updated:

  • Address: 2492 Carmichael Drive, Chico, Chico, CA 95928

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