6920 Clark RdParadise, CA 95969

  • Land
  • 1,920 SF
For Sale
$627,200 View listing

Property Details for 6920 Clark Rd

Year built
1963
Construction
WOOD FRAME
Lot size
9.08 AC
Property size (Sq ft)
1,920 SF
Zone code
A2LTD
Property type
Land
Property subtype
Commercial land
APN
050-082-022-000
APU
50082022000

Description

Exceptional redevelopment opportunity awaits in Paradise, CA with this 9.08-acre mobile home park. Priced aggressively at $627,200, this property offers 64 permitted sites (63 mobile home spaces and 1 single-family residence) at a compelling $9,800 per pad and $69,075 per acre. The property boasts a current active permit to operate, streamlining the development process. Significant infrastructure improvements are underway, with PG&E committed to installing new electric and natural gas systems at no cost to the buyer. Preliminary approvals from the Housing and Community Development (HCD) are in place for site grading, water line replacement, and septic tank upgrades. Construction bids for major improvements have already been secured. Located in Butte County, this property benefits from municipal water, although plans for a new water and septic system are available. The property's zoning is TR 1 (Town Residential 1 Acre Minimum), with the mobile home park being a conforming use with a Conditional Use Permit (CUP). This represents a unique chance to capitalize on Paradise's resurgence following the 2018 Campfire, offering strong potential for immediate equity and long-term investment returns. The APN is 050-082-022. The property is offered fee simple. This is a truly remarkable opportunity to acquire a fully permitted, ready-to-develop mobile home park at a significantly discounted price.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $396,067
    Hospitality
    $362,795
    Educational
    $301,842
    Medical
    $312,222
    Retail
    $469,531
6920 Clark Rd, Paradise, California

Location Insight

City
Paradise
County
Butte
State
California
Latitude
39.7856
Longitude
-121.584
CBSA code
17020
CBSA name
CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,246
$1,076,371
-
$1,076,371
-
-
-
-

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