Chico Office Building For
1351 Mangrove Ave Chico, CA
1351 Mangrove Ave, Chico, CA, 00000
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For Sale
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5,038 SF office building with parking and visibility.
Property Size5,038 SF
Lot Size0.24 Acres
Price / SF$129.02
Days on Market241
Property Features for 1351 Mangrove Ave
General Information
- Standard status
- Active
- Size
- 5,038 SF
- Lot size
- 0.24 Acres
- Property subtype
- OFFICE
Listing Agency
Capital Rivers Commercial
(530) 908-4905
Listed by
Kelsey Watt, MS · License #01926238
Source
Moodyscre
Added: Nov 20, 2025 Checked: Jul 19 at 3:03 am
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
Investment Insights
Based on property information with market context.
This is a flexible office building located in Chico, California, offering frontage, parking, and visibility. The building has a size of approximately 5,038 square feet and can accommodate either two suites or single-tenant use. On-site parking is available for employees, clients, and visitors. The property benefits from convenient access to Highway 99, downtown Chico, and nearby neighborhoods.
Key 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.
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 |
5,038 SF · lease $14.76/SF/yr · vacancy 4.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$761.7K
$666.5K – $888.6K
NOI $53,317 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.1K – $1.19M
NOI $71,205 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Steel Builder
Construction Company
June Gnass, MA, ...
Physician
Wendy's Massage Chico
Alternative Medicine Practice
Healing Touch Massage
Alternative Medicine Practice
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FAQs
What type of property is this?
Office building - 5,038 SF office building with parking and visibility.
Where is this office building located?
The property is located at 1351 Mangrove Ave Chico, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 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.
