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.
MLS #
ME225036354
MLS Source
MetroList Services, Inc.
Days on Site
18
Development Status
Finished Lot, Raw Land, Unimproved Land
Fencing
PartialFencing
Lot Description
Staked Boundary
Present Use
Commercial, Highway/Tourist Service, Hotel/Motel, Multi-Family, Retail
Utilities
Other, Other, Water - Public
Elementary District
Gridley Unified
High School District
Gridley Unified
Sewer
Public Sewer
Water
Public
Zoning
COMMERCIAL HWY
Listing Agent
Kory Hamman
Hamman Real Estate
License #: 01158025
Phone: (530) 228-1940
Co-Listing Agent
Howard Hamman
License #: 00571543
Phone: (530) 720-6491
0 Hwy 99 is in Gridley, CA 95948. This Land is currently priced at $495,000.
This address can also be written as 0 Hwy 99, Gridley, CA 95948.©2025 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of March 27, 2025. For the most current information, please contact Kory Hamman, (530) 228-1940