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Development Land with Broad Zoning 0 Feather River Blvd 5.12 Acres of Commercial Land Online Auction Sale Oroville, CA 95965
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Investment Highlights
- Take advantage of this chance to purchase 5.12 acres of land with excellent positioning, making it a valuable asset for investors and developers.
- Surrounded by a plethora of retailers, including Applebee’s, Planet Fitness, Waffle Shop, Better Buy Discount Groceries, and more.
- Area demographics are favorable for investors, with a recorded annual spending within a 5-mile radius surpassing $407 million.
- Benefitting from a highly visible location just off Route 70, which sees lofty traffic counts of nearly 22,000 vehicles per day.
- Flexible on-site zoning provides developers with numerous opportunities, while the cleared lot allows for immediate construction.
Executive Summary
The parcel of land on Feather River Boulevard is an ideal place for investors and developers to make their mark in Oroville, California.
This expansive 5.12-acre parcel, now fully cleared and featuring an existing parking lot, offers a blank canvas for visionary investors and developers. The previous structure has been entirely removed, streamlining the path to new construction. Zoned C-2 General Commercial, this property in Oroville, California, is ideally suited for a diverse array of uses, including retail, service-oriented businesses, offices, and light industrial operations that cater to the immediate area and the broader community. The C-2 zoning is specifically intended to create accessible, highly functional spaces for thriving commercial activity. With its generous size, strategic location, and flexible zoning, this site provides investors with a unique opportunity to shape and energize Oroville’s commercial landscape while making a lasting impact on the local economy.
This site in Oroville is an excellent opportunity for developers seeking strong visibility and accessibility. The property features dual frontage on both Feather River Boulevard and Route 70, a vital connector with significant daily traffic that links different parts of town. This high-traffic location enhances the potential for commercial development. Oroville offers residents a relaxed, nature-oriented lifestyle, attracting both locals and visitors. Nearby attractions such as Lake Oroville and the Feather River provide abundant outdoor recreation, adding to the area’s appeal. The property is also conveniently close to the Oroville Municipal Airport and Northwest Lineman College, making it ideal for service-oriented businesses and facilities catering to students, travelers, and professionals. Various national retailers and local businesses surround the parcel, including Starbucks, CVS, KFC, Grocery Outlet, Fosters Freeze, McDonald’s, and several hotels. This diverse mix creates a dynamic environment and ensures steady customer traffic. With national brands and local favorites nearby, the site offers a versatile foundation for new development and is well-suited for retail, office, or service-based projects in this growing community.
Property tours are available by appointment only. Please contact the listing broker to schedule.
This expansive 5.12-acre parcel, now fully cleared and featuring an existing parking lot, offers a blank canvas for visionary investors and developers. The previous structure has been entirely removed, streamlining the path to new construction. Zoned C-2 General Commercial, this property in Oroville, California, is ideally suited for a diverse array of uses, including retail, service-oriented businesses, offices, and light industrial operations that cater to the immediate area and the broader community. The C-2 zoning is specifically intended to create accessible, highly functional spaces for thriving commercial activity. With its generous size, strategic location, and flexible zoning, this site provides investors with a unique opportunity to shape and energize Oroville’s commercial landscape while making a lasting impact on the local economy.
This site in Oroville is an excellent opportunity for developers seeking strong visibility and accessibility. The property features dual frontage on both Feather River Boulevard and Route 70, a vital connector with significant daily traffic that links different parts of town. This high-traffic location enhances the potential for commercial development. Oroville offers residents a relaxed, nature-oriented lifestyle, attracting both locals and visitors. Nearby attractions such as Lake Oroville and the Feather River provide abundant outdoor recreation, adding to the area’s appeal. The property is also conveniently close to the Oroville Municipal Airport and Northwest Lineman College, making it ideal for service-oriented businesses and facilities catering to students, travelers, and professionals. Various national retailers and local businesses surround the parcel, including Starbucks, CVS, KFC, Grocery Outlet, Fosters Freeze, McDonald’s, and several hotels. This diverse mix creates a dynamic environment and ensures steady customer traffic. With national brands and local favorites nearby, the site offers a versatile foundation for new development and is well-suited for retail, office, or service-based projects in this growing community.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Miscellaneous
Property Facts
| Property Type | Land | Total Lot Size | 5.12 AC |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Sale Type | Investment | Sale Condition | Auction Sale |
| Floors | 1 | Type of Ownership | Fee Simple |
| Zoning | C-2 - Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Floors | 1 |
| Total Lot Size | 5.12 AC |
| Opportunity Zone |
Yes |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | C-2 - Commercial |
1 Lot Available
Lot
| Lot Size | 5.12 AC | Parcel Number | 035-240-105-000 |
| Lot Size | 5.12 AC |
| Parcel Number | 035-240-105-000 |
Sale Advisor
Sale Advisor
Kenneth Noack, Senior Managing Director
Ken Noack, Jr. is a land and retail specialist with Newmark in Sacramento, California and serves as a Senior Managing Director. Noack has a diversified background in the real estate industry. He began his career building custom homes in the Pacific Northwest, then spent the following six years with Feature Homes, Inc. in Santa Rosa, California, developing production housing, mini-storage, warehouses, retail and office projects throughout Northern California.
Prior to joining Newmark, Noack had been affiliated with Sacramento-based Grubb & Ellis (17 years) and Camray Commercial (13 years) as a land and retail specialist where he was consistently recognized as a Top Producer.
Prior to joining Newmark, Noack had been affiliated with Sacramento-based Grubb & Ellis (17 years) and Camray Commercial (13 years) as a land and retail specialist where he was consistently recognized as a Top Producer.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Sophy Cardenas
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Development Land with Broad Zoning | 0 Feather River Blvd
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Development Land with Broad Zoning | 0 Feather River Blvd
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