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2492 Carmichael Drive, Chico - QSR Drive Thru, Mini-Mart, Retail
1 Acre of Commercial Land in Chico, CA 95928
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
Executive Summary
Property Facts
1 Lot Available
Lot
| Lot Size | 1.00 AC |
| Lot Size | 1.00 AC |
- 1 - 2 Acres, Fully Improved QSR pad - Drive Thru, Mini-Mart, Retail (Zoned CS, "Commercial Services") - At Hwy 99 & E Park Ave Interchange, High ADT - Utilities in the street fronting property plus site lighting and landscaping
Description
- 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
| Parcel Number | 005-570-011-000 | Improvements Assessment | $232,312 |
| Land Assessment | $487,227 | Total Assessment | $719,539 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial Services (CS, Commercial Services. Allows virtually any commercial use: QSR Drive-Thru, Restaurant, Mini-Mart, Retail, Office, Hotel) |
| Commercial Services (CS, Commercial Services. Allows virtually any commercial use: QSR Drive-Thru, Restaurant, Mini-Mart, Retail, Office, Hotel) |
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Mark Gerhart - Cornerstone Ventures V, LLC
Presented by
Cornerstone Ventures V, LLC
2492 Carmichael Drive, Chico - QSR Drive Thru, Mini-Mart, Retail
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