BANKRUPTCY AUCTION

The Future of Real Estate FRE is pleased to present this Online Auction Plus event for a well located ±56.19 acre vacant land offering in the City of Red Bluff, California. Due to its close proximity just west of the I-5 Freeway, this site may be easily accessed from paved roads leading to the northern, eastern and western boarders of the property. This land offering is zoned R-4 which is a flexible, mixed-use zoning for a number of potential future development possibilities.

Property Features:

±56.19 Acres

Three (3) Contiguous Parcels

- 035-022-09 ±14.9 acres

- 035-022-22 ±39.27 acres

- 035-022-23 ±1.62 acres

Municipality: City of Red Bluff, Tehama County, California 96080

Zoning: R-4 (General apartment-professional). This zoning is a flexible, mixed-use zoning which allows for multi-housing, professional services and associated retail uses. Interested parties are encouraged to verify with the City of Red Bluff Planning and Zoning.

Property Access: Vista Way is improved/paved to the west boundary of the subject property. Southridge Drive is improved/paved along the north-east portion of the subject property.

City of Red Bluff Population: ±14,287 (2017)

Traffic Count I-5 Freeway: ±33,500 Vehicles ADT

Topography: Flat

Location Highlights:

Location: Just east of South Jackson Road, just west of the I-5 Freeway, and north & south of Vista Way.

Property Access: Vista Way is improved and paved to the west boundary of the subject property. Southridge Drive is paved and improved along the north-east portion of the subject property.

Located less than two miles east of the Red Bluff Municipal Airport; ±1,200 feet from Vista middle School and ±1,300 feet from Montgomery Road (a surface street that is parallel and contiguous to the I-5 Freeway).

±131 miles north of Sacramento

±31 miles south of Redding

MINIMUM BID: $499,000; BID DEADLINE: April 2nd, 2020 at 5:00 pm PT. For more property information, auction details and to register to place a bid, visit www.LEEbid.com/301D7