Gridley, CA 95948,1425 HWY 99
Gridley, CA 95948,1425 HWY 99
Gridley, CA 95948,1425 HWY 99
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Listed by Kory Hamman • Hamman Real Estate
$495,000
Est. payment /mo
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53,578 SqFt
Active

1425 HWY 99 Gridley, CA 95948

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Kevin & Tawnya Erickson

Kevin & Tawnya Erickson

Erickson Realty Group - Corcoran Icon Properties

+1(925) 550-9523

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 53,578 sqft

Price per Sqft $9

MLS Listing ID CRSN25065563

HOA Y/N No

Originating Board Datashare California Regional

Lot Size 1.230 Acres

Property Sub-Type Unimproved Land

Property Description

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. Many are movin

Location

State CA

County Butte

Interior

Fireplace No

Exterior

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Building

Lot Description Corner Lot, Level

Water Public


Bay East AOR and Contra Costa AOR

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agent

Kevin & Tawnya Erickson

Agent | License ID: DRE 01350041

+1(925) 550-9523

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1425 HWY 99