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1411 E Onstott Rd - Commercial/Multifamily Land - Onstott Rd

16.01 Acres of Commercial Land in Yuba City, CA 95991

Investment Highlights

  • Current Zoning is: R-3 (Multiple-Family Residence District) and C-3 (General Commercial)
  • Parcel has potential for Full Commercial Re-Zone with General Plan Amendment
  • One of the largest parcel zoned Commercial and Multifamily in city of Yuba City
  • Situated Adjacent to Proposed Upscale Extended-Stay Hotel
  • Excellent access to major arterials
  • Both parcels touch 3 separate roads

Executive Summary

Sutter Equities is pleased to provide an opportunity to acquire a 16.01 acre development site for Sale, Build to Suit, or Ground Lease. The property has a split-zoning designation, with the northern +/- 7.31 acre parcel zoned R-3 (Multi-Family), and the southern +/- 8.70 acre parcel zoned C-3 (General Commercial). Positioned on the east side of East Onstott Frontage Road, the property has excellent visibility / exposure from State Highway 99 and is located to the north of box- store development and the Yuba-Sutter Mall. The parcels represent one of the largest remaining mixed-zoning commercial and multi-family zoned properties available for development in Yuba City. The property is located in an "infill project zone" and "Opportunity Zone" - reducing impact fees.

Property Facts

Sale Type Investment
Sale Conditions
Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Bank
  • Community Center
  • General Freestanding
  • Hospital
  • Medical
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 16.01 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 16.01 AC

Two parcels: Total of 16.01 acres zoned commercial and multifamily land.

Description

Bare land.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 51-040-002
  • 51-040-011
Land Assessment
$5,298,713
Improvements Assessment
$0
Total Assessment
$5,298,713

zoning

Zoning Code C-3,R-3 (General Commercial & Multi-Family Residential)
C-3,R-3 (General Commercial & Multi-Family Residential)
  • Listing ID: 31002373

  • Date on Market: 1/3/2020

  • Last Updated:

  • Address: 1411 E Onstott Rd, Yuba City, CA 95991

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