This Northern California property represents an excellent opportunity for builder developer entry into this booming Commercial market. In total there is 21.28+/- acres of
Commercial/Industrial Highway 99 frontage on this busy corridor with multiple access points. Located in an area that has favorable infrastructure, access and an
opportunity for substantial competitive pricing advantage due to its size & location. 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 & is willing to split up the property in order to conform with the Tenants needs. Currently the property is in two parcels with the
Southern piece being 17.78+/- acres (Red Outline) & the Northernly piece of 3.5+/- of additional property also owned by the Seller.

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. Many are moving to
Gridley to raise their children, providing them with an superior Educational School system.

With Sacramento only sixty miles south, State Route 99 is a high volume corridor for area residents, businesses, truck transportation, and recreational
travelers. Businesses benefit from the City’s “Can Do” attitude, outstanding labor market, availability of affordable sites, cost effective municipal electric, water, and
sewer utility services. Located in Butte County California approximately 55 minutes from Sacramento (In between Chico & Yuba City) the area boasts substantial growth
opportunities.

Gridley is a City of 10,000+/- residents in the heart of the beautiful Sacramento Valley. Conveniently located within 2-3 hours of the Bay Area and the Lake Tahoe/Reno area,
residents have the advantage of living in a community with clean air, good water while having quick access to metropolitan areas.

21+ Acres Industrial/Commercial on Hwy 99

$5,950,000

1820 Hwy 99, Gridley, CA 95948

21.28 +/- Acres

  • 21.28 Total Acres of Prime Commercial/Industrial Frontage
  • Property can be split many different sizes
  • Owners can get creative
  • Traffic Count is over 25,000+ cars per day
  • Cost effective Sewer, Water & Power

Listing Agent

Kory Hamman
(530) 228-1940
koryhamman@yahoo.com

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