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698 Hambright Ave - Commercial Residential Development Parcel

5.08 Acres of Commercial Land Offered at £677,620 in Orland, CA 95963

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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.

Affordable housing development slated in Orland – Chico Enterprise-Record

Conceptual Site Plan

Property Facts

Price	£677,620	Proposed Use	Commercial Office Mixed Use Apartment Units Apartment Units - Condo Apartment Units - Senior Convenience Store Drugstore Hold For Development Hold For Investment Hotel Supermarket
Sale Type	Investment	Total Lot Size	5.08 AC
No. Lots	1	Cross Streets	State Route 32
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Price	£677,620
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 Convenience Store Drugstore Hold For Development Hold For Investment Hotel Supermarket
Total Lot Size	5.08 AC
Cross Streets	State Route 32
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£677,620	Lot Size	5.08 AC
Price Per AC	£133,390

Price	£677,620
Price Per AC	£133,390
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

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aerial
map

698 Hambright Ave, Orland, CA - aerial map view

PROPERTY TAXES

Parcel Number	046-370-001-000	Improvements Assessment	£0
Land Assessment	£230,768	Total Assessment	£230,768

PROPERTY TAXES

Parcel Number

046-370-001-000

Land Assessment

£230,768

Improvements Assessment

£0

Total Assessment

£230,768

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: 17/10/2023
Last Updated:
Address: 698 Hambright Ave, Orland, CA 95963

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698 Hambright Ave, Orland, CA for sale Building Photo- Image 1 of 5 — Property Aerial

698 Hambright Ave, Orland, CA for sale Building Photo- Image 2 of 5 — Site Plan Photo

698 Hambright Ave, Orland, CA for sale Aerial- Image 3 of 5 — Property Aerial

698 Hambright Ave, Orland, CA for sale Building Photo- Image 4 of 5 — Property photo

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aerial
map

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