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2654 Cramer Ln - Broadcast Studio Development Land

4,955 SF Specialty Building Offered at $1,682,000 in Chico, CA 95928

Executive Summary

One of the most exciting and unique real estate investment and development opportunities in recent memory. Own a leased broadcasting studio and extra development land to subdivide into larger estate home lots. Located on a stunningly beautiful country lane across the street from the Mendocino National Forest Chico Orchard, also known locally as the "Tree Farm". The offering consists of an 8.78 Acres Parcel with a 4,200 sq. ft. office studio built in 1995. Seller will lease back the studio and broadcast facilities on about two (2) acres, providing the buyer with dependable, secure income. The property is zoned RS-20 Suburban Residential with 20,000 sq. ft. minimum lot coverage, offering a possible subdivision opportunity of up to 14 large and beautiful lots. Subject Property is in the Chico City Limits. Please do not disturb Tenant!

Property Facts

Price $1,682,000
Price Per SF $339
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Movie/Radio/TV Studio
Building Class B
Lot Size 8.78 AC
Building Size 4,955 SF
No. Stories 1
Year Built 1995
Tenancy Single
Parking Ratio 6.46/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040-030-086-000
Land Assessment
$765,000
Improvements Assessment
$480,000
Total Assessment
$1,245,000
  • Listing ID: 33690384

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 2654 Cramer Ln, Chico, CA 95928

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