$425,000

0 HWY 99, Gridley CA, 95948

Price per sqftN/A

Property typeCommercial

Overview

Active

Listed Mar 25, 2025

Updated Jul 4

EXECUTIVE SUMMARY This Northern California property represents an excellent opportunity for a builder/developer entry into this booming Commercial market. In total there is 1.23+/- acres of Commercial Highway 99 frontage on this busy corridor. The City of Gridley is very developer friendly and looking to expand. Owning its own power company it offers rates 20% lower than PG&E & has the ability to be flexible with developers to help keep rates much lower. Average Daily Traffic Count (ADT) is well over 25,000+ cars/day & growing with this highly visible property. Housing demand is excellent with most buyer profiles coming from the greater Sacramento & the Bay area in search of more desirable living within the common budget of $450,000-$800,000. The Seller can get very creative. Currently the property is in one parcel. Located in an area that has favorable infrastructure, access and an opportunity for further lot splits. QUALITY OF LIFE The community offers an outstanding quality of life. Gridley residents and businesses enjoy wonderful weather, affordable real estate, and incredible recreational opportunities. The area continues to see a strong mass migration of people wanting out of the metropolitan cities, due to Covid and their ability to telecommunicate for work.

Additional information

MLS^® ID: 225036354

Interior Features

Basement: No

Exterior Features

Lot Size: 1.23 Acres

Other Property Details

View: Yes

Courtesy of Hamman Real Estate, Kory Hamman,
Listing Contact:

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Data last updated 3:28 AM UTC