6920 Clark RdParadise, CA 95969
- Land
- 1,920 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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