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    Iconic Airport Manufacturing Building Title is generated by Realmo AI

    1020 Marauder St, Chico, CA 95973

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    For Sale
    $1,900,000

    Unique industrial building near Chico Regional Airport available for sale.

    Property size:
    21,280 SF
    Lot size:
    1.84 Acres
    Price / SF:
    $89/SF
    Added:
    Nov 24, 2025
    Days on Market:
    202
    Last Refresh:
    Apr 5 at 8:20 pm

    Property Features for 1020 Marauder St

    General Information

    Standard status
    Active
    Size
    21,280 SF
    Lot size
    1.84 Acres

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    Listing Contact
    Michael Donnelly

    Listing agent Michael Donnelly License #01429436

    Listing office Commercial Brokers of California

    Listing date Nov 24, 2025

    Source Exprealty

    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

    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.
    • Multiple offices on two floors with a post‑modern entryway and reception area.
    • Large fenced yard area and loading dock.
    • Large employee break room with lockers and large capacity air compressor with pressurized air lines and electrical drops throughout the shop area.

    Overview

    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.

    Local 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 (±1% cap)
    NOI $148,961 @ 7.0% cap · market cap 7.84%
    Second Best
    Industrial
    $1.87M
    $1.63M – $2.18M (±1% cap)
    NOI $130,745 @ 7.0% cap · market cap 6.88%
    Theoretical Best
    Office A
    $4.30M
    $3.76M – $5.01M (±1% cap)
    NOI $300,761 @ 7.0% cap · market cap 15.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Joy Signal Technology ... Department Store

    Suggested Use

    Restaurant Real Estate Agency Dental Office Building Supply Gym & Fitness Center Kitchen & Bath Showroom Storage Facility Big Box & Wholesale Store Discount Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.85
    Latitude
    39.8016

    FAQs

    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.
    More about this property
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