1351 Mangrove Ave, Chico, CA
5,038 SF office building with parking and visibility.
- Added:
- Nov 20, 2025
- Days on Market:
- 205
- Last Refresh:
- Apr 5 at 10:32 pm
Property Features for 1351 Mangrove Ave
General Information
- Standard status
- Active
- Size
- 5,038 SF
- Lot size
- 0.24 Acres
- Property subtype
- OFFICE
Listing agent Kelsey Watt, MS License #01926238
Listing office Capital Rivers Commercial (916) 514-5225
Listing date Nov 20, 2025
Source Moodyscre
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 Capital Rivers Commercial
HighLights
- Flexible ±5,038 SF office building suitable for single or multi‑tenant use.
- High visibility location with frontage in Chico, CA.
- On‑site parking for employees, clients, and visitors.
- Convenient access to Hwy 99.
- Proximity to downtown Chico.
- Close to nearby neighborhoods.
Overview
Local Financial Insights For Office B
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 | $74.4k | $14.76 |
| − Vacancy | −$3.3k | −$0.65 |
| EGI | $71.1k | $14.11 |
| − OpEx | −$17.8k | −$3.53 |
| NOI | $53.3k | $10.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.84
- Latitude
- 39.7441
