0 Ca-299Burney, CA 96013

Property Details for 0 Ca-299

Lot size

367.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 367-acre property presents a unique investment opportunity in Shasta County, California. Strategically located on the south side of Highway 299 and Mountain View Road, this expansive parcel boasts over 2,275 feet of highway frontage. The land is currently vacant and approved for a mixed-use development, encompassing both commercial and residential components. A proposed plan outlines five commercial lots totaling 63.53 acres, perfectly suited for a variety of businesses, and 646 residential lots spanning 314 acres, catering to a growing housing demand. The property sits within Burney's Sphere of Influence and conforms to the existing General Plan, simplifying the development process. Utilities are readily accessible, with Burney Water & Sewer District and PG&E services located at or near the site. The land itself features a gentle slope of less than 2%, minimizing grading costs. An estimated 2 million board feet of merchantable timber is present, with existing harvest plans in place, offering additional revenue potential. This prime location, combined with its approved development plans and readily available utilities, makes this a truly exceptional opportunity for significant returns. The property's size and zoning make it ideal for a large-scale development project, offering a diverse range of possibilities for both commercial and residential construction. The existing timber adds further value and potential income streams. This is a rare chance to acquire a substantial parcel of land in a desirable location with significant development potential. The property is offered for sale by owner at $5,688,500.

Location Insight

City

Burney

County

Shasta

State

California

Latitude

40.8824

Longitude

-121.661

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