7075 Clark RdParadise, CA 95969

Property Details for 7075 Clark Rd

Year built

1900

Lot size

1.00 AC

Property type

Commercial land

APN

050-051-052-000

APU

50051052000

Description

Exceptional redevelopment opportunity awaits at Pheasant Ridge Mobile Estates, a 9.36-acre parcel in Paradise, California (95969), located at 7075 Clark Rd. This fee-simple property, encompassing APN 050-051-049, 050-051-048, and 050-051-052, is priced aggressively at $656,600, representing a significant value at $9,800 per pad and $70,150 per acre. The land is zoned MF (Multifamily Residential), with the mobile home park use already conforming. The site currently has permits in place for 67 double-wide mobile home spaces. Infrastructure is largely in place, with municipal water currently available and plans readily accessible for a new water and septic system. Furthermore, PG&E has committed to installing new electric and natural gas systems at no cost to the buyer. There's also potential for future connection to the Paradise Sewer Project. This presents a compelling investment opportunity in a community experiencing revitalization following the 2018 Campfire, offering strong potential for immediate equity and long-term growth in the desirable Sierra Nevada foothills. This is a turnkey project ready for immediate development.

• Alternative Use

  Use

  Valuation

  Residential

  $8,985,775

  Hospitality

  $8,230,922

  Educational

  $6,848,030

  Medical

  $7,083,544

  Retail

  $10,652,491

Location Insight

City

Paradise

County

Butte

State

California

Latitude

39.7921

Longitude

-121.587

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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