5369 Clark RdParadise, CA 95969

Property Details for 5369 Clark Rd

Year built

1957

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.66 AC

Property size (Sq ft)

1,381 SF

Zone code

IS

Property type

Land

Property subtype

Other industrial land

APN

054-110-058-000

APU

54110058000

Description

This exceptional 5.66-acre parcel located at 5369 Clark Road, Paradise, CA 95969 presents a compelling investment opportunity. Currently leased to PG&E for a monthly income of $9,000, this property offers immediate cash flow potential. The land is zoned for Industrial Services (IS), providing flexibility for various manufacturing uses. Its significant size allows for substantial development or expansion possibilities. The property boasts a level and graded surface, ensuring ease of access and utilization. Convenient ingress and egress are provided directly off Clark Road, enhancing its logistical advantages. This prime location in Butte County, California, combines strong rental income with significant future development potential, making it an attractive asset for discerning investors seeking a stable and growing return. The property's existing lease with a reputable tenant minimizes vacancy risk and provides a secure foundation for long-term investment. The Industrial Services zoning ensures a wide range of potential uses, catering to diverse business needs. The level and graded terrain simplifies development and reduces potential site preparation costs. This is a rare opportunity to acquire a well-located, income-producing industrial property with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $284,880

  Hospitality

  $260,948

  Educational

  $217,106

  Medical

  $224,572

  Retail

  $337,720

Location Insight

City

Paradise

County

Butte

State

California

Latitude

39.7422

Longitude

-121.608

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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