5990 Foster RdParadise, CA 95969

Property Details for 5990 Foster Rd

Year built

1957

Construction

TILT-UP CONCRETE

Lot size

0.62 AC

Property size (Sq ft)

9,210 SF

Zone code

C2

Property type

Gas stations

APN

052-201-036-000

APU

52201036000

Description

This exceptional single-tenant retail property, located at 5990 Foster Rd in Paradise, CA 95969, offers 9,200 square feet of versatile space on a 27,007 square foot lot. The one-story building boasts excellent visibility and easy access from Skyway, making it an ideal location for a variety of retail businesses. The interior features an open sales floor, a private glass-walled meeting room, separate administrative space with two private offices, and a breakroom complete with a kitchenette and laundry hookups. Additional features include a warehouse/storage room with a grade-level roll-up door, two bathroom banks, and ample parking. A fenced yard with an attached covered storage area provides extra convenience. The property's APN is 052201036000, and it is situated in Butte County. This free-standing building presents a rare opportunity in a thriving market, perfect for businesses seeking a prominent location with substantial space and convenient amenities. The property is currently vacant, offering immediate occupancy. Its central location and ample features make it suitable for a wide range of retail uses, including health food stores, gyms, furniture showrooms, and more.

• CAP approach

  CAP return

  Valuation

  6%

  $2,439,973

  6.5%

  $2,252,283

  7%

  $2,091,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,313,810

  Geo Method

  $3,313,810

• Alternative Use

  Use

  Valuation

  Residential

  $1,899,885

  Hospitality

  $1,740,284

  Educational

  $1,447,896

  Medical

  $1,497,692

  Retail

  $2,252,283

Location Insight

City

Paradise

County

Butte

State

California

Latitude

39.7545

Longitude

-121.626

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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