Some of the most valuable commercial development land in Chico. Two parcels on 9.15 +- acres with more than 600 feet of frontage along Highway 99 in the heart of the city's regional power center commercial and retail area. Includes 632 feet of frontage on Martin Luther King Jr. Parkway. Available for ground lease or build to suit. Take all or part. Retail pads and anchor store site plans are being considered. Property is not for sale. Zoned CR - Regional Commercial which provides for larger retail and service businesses serving the city and the region. Traffic count of 52,300 on Hwy 99 as of 2015, 7,869 Martin Luther King, Jr. Blvd. as of 2014. Nearby businesses include Costco, Sierra Nevada Brewery, and Bed Bath & Beyond. Desired uses: Whole Foods, Sprouts, Nugget Market, REI, Hotels, Bank, Auto Dealership, Shopping Center Development and many others.