Property Details
About this Property
EXECUTIVE SUMMARY This Northern California property represents an excellent opportunity for a builder/developer entry into this booming Commercial market. In total there is 1.23+/- acres of Commercial Highway 99 frontage on this busy corridor. The City of Gridley is very developer friendly and looking to expand. Owning its own power company it offers rates 20% lower than PG&E & has the ability to be flexible with developers to help keep rates much lower. Average Daily Traffic Count (ADT) is well over 25,000+ cars/day & growing with this highly visible property. Housing demand is excellent with most buyer profiles coming from the greater Sacramento & the Bay area in search of more desirable living within the common budget of $450,000-$800,000. The Seller can get very creative. Currently the property is in one parcel. Located in an area that has favorable infrastructure, access and an opportunity for further lot splits. QUALITY OF LIFE The community offers an outstanding quality of life. Gridley residents and businesses enjoy wonderful weather, affordable real estate, and incredible recreational opportunities. The area continues to see a strong mass migration of people wanting out of the metropolitan cities, due to Covid and their ability to telecommunicate for work.
MLS Listing Information
MLS #
CRSN25065563
MLS Source
California Regional MLS
Days on Site
48
Lots & Land Information
Lot Description
Grade - Level
Parking, School, and Other Information
HOA Fee
$0
Zoning
PRKG, LZ, LL
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1425 Hwy 99 is in Gridley, CA 95948. This Land is currently priced at $495,000. This address can also be written as 1425 Hwy 99, Gridley, CA 95948.
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This listing information is up-to-date as of March 26, 2025. For the most current information, please contact Kory Hamman
