6154 Lucky John RdParadise, CA 95969

  • Land
  • 1.60 AC
For Sale
$295,000 View listing

Property Details for 6154 Lucky John Rd

Year built
1951
Construction
WOOD FRAME
Lot size
1.60 AC
Zone code
MULTI
Property type
Land
Property subtype
Commercial land
APN
053-021-087-000
APU
53021087000

Description

This exceptional investment opportunity presents a 1.6-acre RV park located at 6154 Lucky John Road in Paradise, California. The property boasts a prime location with excellent Skyway exposure in central Paradise. While the park was impacted by the 2018 Camp Fire, significant progress has been made towards its revitalization. Currently, there are 19 spaces permitted through the California Department of Housing and Community Development (HCD), with the potential for two additional spaces. A recent survey is complete, and water service is active. A May 18, 2022 inspection confirmed the functionality of the 2500-gallon and 1500-gallon septic tanks. The sand filtration system requires some repair. A significant advantage is the opportunity to have PG&E install electrical service and meters to all 19 lots at no cost, a benefit stemming from the PG&E Camp Fire lawsuit, provided the necessary electrical pedestals are installed and approved. Given the current market rate of $900 to $1200 per month for RV spaces in Paradise, this property presents a substantial return on investment. The total area of the property is 69,696 square feet. This is a prime investment opportunity for a savvy entrepreneur looking to capitalize on the high demand for RV spaces in the Paradise area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,377,240
    Hospitality
    $13,169,475
    Educational
    $10,956,848
    Medical
    $11,333,671
    Retail
    $17,043,986
6154 Lucky John Rd, Paradise, California

Location Insight

City
Paradise
County
Butte
State
California
Latitude
39.7667
Longitude
-121.617
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
$3,952
$357,000
-
$357,000
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].