Iconic Airport Manufacturing
For Sale
$1,900,000
Pending
1020 Marauder St, Chico, CA 95973
Unique industrial building near Chico Regional Airport available for sale.
Property Size21,280 SF
Lot Size1.84 Acres
Days on Market251
Property Features for 1020 Marauder St
General Information
Standard status
Pending
Size
21,280 SF
Lot size
1.84 Acres
Listing Agency:
Commercial Brokers of California
(530) 828-0011
Listed By:
Michael Donnelly · License #01429436
(530) 828-0011
Source:
Exprealty
Added: Nov 24, 2025
Changed: Jul 6
Last Checked: Jul 31 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Brokers of California
Investment Insights
Based on property information with market context.
This iconic building is located at the gateway to the Chico Regional Airport. The property features unique metal architecture with a post-modern entryway and reception area. The building includes multiple offices on two floors, a large employee break room with lockers, and a highly conditioned warehouse shop area, some of which is in almost "clean room" condition. It also features a loading dock, a large fenced yard area, and a large capacity air compressor with pressurized air lines and electrical drops throughout the shop area. The building has a total area of 21,280 square feet and is situated on a 1.84-acre lot. The property is zoned AM - Airport Manufacturing, making it suitable for various manufacturing and industrial uses.
Key Highlights
- Gateway location to Chico Regional Airport with AM - Airport Manufacturing zoning.
- Unique metal architecture and iconic Joy Signal building.
- Highly conditioned warehouse/shop area, some in "clean room" condition.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.1k | $9.12 |
| − Vacancy | −$18.8k | −$0.88 |
| EGI | $175.2k | $8.24 |
| − OpEx | −$26.3k | −$1.24 |
| NOI | $149.0k | $7.00 |
21,280 SF · lease $9.12/SF/yr · vacancy 9.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.13M
$1.86M – $2.48M
NOI $148,961 @ 7.0% cap · market cap 7.84%
Second Best
Industrial
$1.87M
$1.63M – $2.18M
NOI $130,745 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$4.30M
$3.76M – $5.01M
NOI $300,761 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Explore this area
Business Placement
Demographics for 95973, CA
39,609
Population
15,836
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
300.1 sq mi
ZIP Area
132
Density / Sq Mi
$92,228
Median Household Income
$45,897
Median Earnings
$1,546
Median Rent
$484,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Unique industrial building near Chico Regional Airport available for sale.
Where is this manufacturing property located?
The property is located at 1020 Marauder St Chico, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Gateway location to Chico Regional Airport with AM - Airport Manufacturing zoning.; Unique metal architecture and iconic Joy Signal building.; Highly conditioned warehouse/shop area, some in "clean room" condition.
