For Sale
$2,900,000

3582 Rancho RdWheatland, CA 95692

High-Yield Truck Parking Investment - 10 Acres

Overview

Added:
Feb 3
Days on market:
64
This exceptional 10-acre truck parking facility in Wheatland, California, presents a lucrative investment opportunity. Strategically located near Highways 65 and 70, this premier Yuba County location ensures easy access for large commercial and recreational vehicles. The property boasts 229 parking spaces, secured by an automated card lock system and enhanced by comprehensive video surveillance and full lot lighting. Significant recent improvements exceeding $1.3 million have been made, ensuring a well-maintained and modern operation. The property's current conditional use permit (CUP) is transferable to the new owner, providing a secure and stable foundation for future operations. Importantly, a February 2024 Yuba County ordinance effectively limits future competition by prohibiting new commercial truck parking facilities within the Valley Growth Boundary (VGB), an area encompassing Linda, Olivehurst, Arboga, Plumas Lake, the Sports & Entertainment Zone, and the Rancho Road corridor where this property is situated. This presents a unique opportunity to acquire a low-maintenance investment with substantial potential for future rental income growth. The property's size and location, coupled with the recent improvements and the limitations on future competition, make this a compelling investment prospect in a high-demand market.

Property Details for 3582 Rancho Rd

Property type
Investment properties
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Wheatland
County
Yuba
State
California
Latitude
39.05887
Longitude
-121.5011
3582 Rancho Rd, Wheatland, California

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3582 Rancho Rd
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