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I-5
Weed, CA 96094
±55.54 AC Hwy Commercial Dev Opportunity · Land For Sale · 55.54 AC

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EXECUTIVE SUMMARY

Kidder Mathews is pleased to present the opportunity to purchase 5 Individual Parcels of improved highway commercial land in Weed, CA.
Over 2,000 Ft of Interstate/Off Ramp Frontage
Light Industrial Zoning w/ Pre-Approval for a Retail Subdivision on one or more of the parcels
Opportunity to influence future development of South Weed
23,000 to 29,000 ADT along I-5 @ the South Weed marker
The Weed Business Loop begins at Vista Drive
Amazing opportunity to buy and hold a strategic site, master plan, sell off parts, build to suit or develop a project
Bulk option asking price: $12,000,000 (under $5.00/SF)
Individual option pricing: call agent

PROPERTY FACTS

Sale Type Owner User
No. Lots 5
Property Type Land
Property Subtype Commercial
Total Lot Size 55.54 AC

5 LOTS AVAILABLE

Lot 1

Price $1,994,446 CAD
Price Per AC $608,062.77 CAD
Lot Size 3.28 AC

Improved highway commercial land in Weed, CA.

Lot 2

Price $2,955,185 CAD
Price Per AC $182,418.83 CAD
Lot Size 16.20 AC

Improved highway commercial land in Weed, CA.

Lot 3

Price $1,751,221 CAD
Price Per AC $121,612.55 CAD
Lot Size 14.40 AC

Improved highway commercial land in Weed, CA.

Lot 4

Price $2,631,695 CAD
Price Per AC $243,225.00 CAD
Lot Size 10.82 AC

Improved highway commercial land in Weed, CA.

Lot 5

Price $2,636,559 CAD
Price Per AC $243,225.03 CAD
Lot Size 10.84 AC

Improved highway commercial land in Weed, CA.

DESCRIPTION

Four of the Five Parcels are outfitted with utilities at or near the curb. Existing utilities include, but are not limited to Pacific Power, City of Weed Sewer and Water Service, and Natural Gas is understood to be located not far from the Subject Property. The offering includes 3 freeway/off ramp adjacent parcels, running contiguous to one another, consisting of 3.28 acres up to 33.88 total acres, and is located between Black Butte Drive and Interstate 5. Across the Street and located on the east side of Black Butte Drive and bound by Vista Drive to the north, there are 2 adjacent parcels totaling 21.66 acres. According to Caltrans the most recently measured average annual daily traffic count along I-5 at the South Weed marker (Post Mile 17.441) was 23,200 in 2020 with a peak ADT of 28,750. This is up from 23,200 in 2017 and has grown steadily each year since 2014, with an overall increase of 11.2%. The Subject Property is prime for development. Many of the usual retailers are already operating, planning to operate or working on permitting to break ground on new construction. The offering has light industrial zoning and some of the parcels are pre-approved for a commercial subdivision (See Page 2 Legend). Traffic volume continues to increase near the subject along Interstate 5, and the retail development at the Vista Drive and Black Butte Drive intersection continues to boom; indicative that more highway commercial tenants and projects will desire to enter the market. The newest additions to South Weed will come in the form of an upscale RV Resort. Mt. Shasta RV Resort will break ground in Q3 of 2023 and consist of 413 RV sites, 50 Cabins, an Indoor Pool and a Lodge, at full buildout. In addition to the RV Resort, a Fortune 300 Company is obtaining its building permits, with an anticipated ground break of Q1 2024, amongst other serious interest.

  • Listing ID: 29113093

  • Date on Market: 2023-07-26

  • Last Updated:

  • Address: I-5, Weed, CA 96094

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