6443 Hollywood RdMagalia, CA 95954

Property Details for 6443 Hollywood Rd

Year built

1998

Construction

STEEL FRAME

Lot size

0.41 AC

Property size (Sq ft)

2,400 SF

Zone code

CC

Property type

Gas stations

APN

065-460-021-000

APU

65460021000

Description

This expansive 6,400 square foot industrial building in Magalia, CA, presents a unique investment opportunity. Situated on a 0.41-acre lot at 6443 Hollywood Road, this mixed-use property offers significant potential for various business ventures. The building features a robust iron frame and metal exterior, complemented by multiple skylights for ample natural light. Four roll-up doors facilitate easy access for loading and unloading, while the reinforced rear section can comfortably accommodate forklifts and heavy materials. Internal features include two bathrooms, a partitioned office area, air compressors, numerous electrical outlets, and secondary breaker panels. The property also boasts an enclosed RV-height metal carport for additional storage or parking. Ample front parking is available, and the location offers convenient access via a broad frontage road and adjacent side street, easily accommodating semi-trucks. The property benefits from 3-phase electrical service. Exterior security measures include concrete retaining walls, cyclone fencing, and barbed wire. Temperature control is managed by large portable swamp coolers and hanging industrial propane heaters. Its strategic location provides quick access to Paradise, Chico, and Highway 99. The seller is open to negotiating terms with qualified buyers and may consider owner financing. This property offers a compelling value proposition, priced below current construction costs.

• CAP approach

  CAP return

  Valuation

  6%

  $635,824

  6.5%

  $586,914

  7%

  $544,992

• Comparable approach

  Method

  Valuation

  Relative Method

  $863,533

  Geo Method

  $863,533

• Alternative Use

  Use

  Valuation

  Residential

  $495,084

  Hospitality

  $453,494

  Educational

  $377,302

  Medical

  $390,278

  Retail

  $586,914

Location Insight

City

Magalia

County

Butte

State

California

Latitude

39.8382

Longitude

-121.596

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].