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Listed by Michael Lee • Ryno Company
$ 110,000
Est. payment /mo
Active
82 Nelson AVE Oroville, CA 95965
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN25174416
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Prime Development Opportunity - Unlock the potential of this ideally located vacant lot in the heart of Oroville! Situated on Nelson Avenue, a well-traveled thoroughfare with easy access to downtown, shopping centers, schools, and Highway 70, this spacious and level parcel offers an outstanding opportunity for investors, builders, or business owners. Whether you're looking to develop residential, commercial, or mixed-use, this lot delivers flexibility and visibility in a fast-growing area of Butte County. Utilities are nearby, and zoning supports a variety of uses - buyers are encouraged to verify with the City of Oroville for specific development possibilities. PROPERTY OVERVIEW . Address: 82 Nelson Avenue, Oroville, CA 95965 . Lot Size: 0.58 . Zoning: R2m . Flat, usable land with excellent street frontage . Close proximity to schools, parks, and public transportation . Less than 5 minutes to downtown Oroville and Highway 70 DEVELOPMENT POTENTIAL . Suggested development of 12 units at 400 sq/ft each (see conceptual layout) . Gross income potential of $172,080/yr ($14,340/mo) . Estimated buildout cost of $1,800,000 (based on $150,000 per unit build cost estimate) . Potential for additional, multilevel unit development at buyer's discretion Don'
Location
State CA
County Butte
Zoning LY,LSR,LL,TNS
Exterior
View Hills
Building
Lot Description Grade - Level
Others
Tax ID 031053079000
Special Listing Condition Not Applicable
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