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Listed by Mike Fowler • eXp Realty of California
$1,700,000
Est. payment /mo
351,529 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 351,529 sqft
Price per Sqft $4
MLS Listing ID 41108787
HOA Y/N No
Lot Size 8.070 Acres
Property Sub-Type Comm Lots and Land
Source BAY EAST
Property Description
ZONED Prime Recreational (REC-P) allowing multiple uses: RV Resort (14 sites per acre) / Boutique Lodging / Event Venue / Adventure Tourism / Health & Wellness Resort / Manufactured Home Community if recreation oriented. Property includes existing well producing 20 gallons per minute at 64° from 60 foot depth, with option to drill deeper to access geothermal temperatures. 1,101 feet of creek frontage. CURRENT INCOME from 9 RV hookups with full utilities (water, sewer, electrical). Two 40' luxury fifth wheel trailers and a 1,400 SqFt Trex deck included. UTILITIES: City water, sewer, and power with new underground wiring in place. Located within 1 mile of new restaurants, grocery, and gas station. Lake Almanor 9 miles / Plumas National Forest 31 miles / Lassen Volcanic Park 40 miles. Regional tourism exceeds 3M annual visitors creating strong year-round demand. Positioned for expansion into RV resort, lodging, wellness, or mixed-use development. See attached ZONED Prime Recreational (REC-P) allowing multiple uses: RV Resort (14 sites per acre) / Boutique Lodging / Event Venue / Adventure Tourism / Health & Wellness Resort / Manufactured Home Community if recreation oriented. Property includes existing well producing 20 gallons per minute at 60° from 60 foot depth, with option to drill deeper to access geothermal temperatures. 1,101 feet of creek frontage. CURRENT INCOME from 9 RV hookups with full utilities (water, sewer, 30/50 amp electrical). Two 40' luxury fifth wheel trailers and a 1,400 SqFt Trex deck included. UTILITIES: City water, sewer, and power with new underground wiring in place. Located within 1 mile of new restaurants, grocery, and gas station. Lake Almanor 9 miles / Plumas National Forest 31 miles / Lassen Volcanic Park 40 miles. REGIONAL TOURISM exceeds 3M annual visitors creating strong year-round demand. POSITIONED FOR EXPANSION into RV resort, lodging, wellness, or mixed-use development. See attached Pro forma analysis which shows scalability from 9 existing RV pads to a 60+ site resort model producing NOI over $576K annually, with valuations between $4.8M and $7.2M depending on cap rate.
Location
State CA
County Plumas
Interior
Fireplace No
Building
Lot Description Level
Water Well
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Mike Fowler
Broker Associate | License ID: 01157620
Broker Associate License ID: 01157620