82 Nelson AVE new Save Request In-Person Tour Request Virtual Tour
Oroville,CA 95965
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25174416
HOA Y/N No
Lot Size 0.580 Acres
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't miss your chance to invest in this versatile property with significant upside potential. Bring your vision to life in this well-positioned, high-visibility location!
Location
State CA
County Butte
Zoning R2M
Interior
Fireplace No
Exterior
Community Features Biking,Foothills,Hiking,Street Lights
Utilities Available None,Water Not Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Level,Near Public Transit,Rectangular Lot
Water None
New Construction No
Others
Senior Community No
Tax ID 031053079000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard