Chico Office/Warehouse Industrial
200 Ryan Ave, Chico, CA 95973
For Sale
$895,000
Versatile property ideal for owner-user or investment.
Property Size9,807 SF
Lot Size0.73 Acres
Price / SF$91.26
Days on Market244
Property Features for 200 Ryan Ave
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Commercial Brokers of California
Listed By:
Michael Donnelly · License #01429436
(530) 828-0011
Source:
Elliman
Added: Mar 11
Changed: Aug 15
Last Checked: Aug 14 at 6:03AM
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
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Investment Insights
Based on property information with market context.
This commercial/industrial property is located in the Chico Airport area and situated on 0.73 acres. The fully fenced property includes two metal buildings totaling approximately 9,807 sq. ft., offering a flexible layout suitable for a range of uses. The main building features approximately 6,651 sq. ft., including 2,000 sq. ft. of finished office space and an additional 1,500 sq. ft. mezzanine, suitable for storage or expansion. The secondary building offers 3,156 sq. ft. and includes a loading dock, suitable for shipping/receiving or production operations. The property includes metal roofs, 3-phase power, a secure fenced yard, and ample on-site parking. It is located in an industrial area near Chico Airport. The property is currently occupied by a woodworking business on a short-term lease. The tenant will be given 90 days’ notice to vacate as a condition of sale.
Key Highlights
- Two metal buildings totaling approximately 9,807 sq. ft. on 0.73 acres, offering a flexible layout.
- Features 2,000 sq. ft. of finished office space and a 1,500 sq. ft. mezzanine.
- Secondary building with 3,156 sq. ft. and a loading dock for shipping/receiving.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,167
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,243,340
$1.2M
Cap Rate 7%
$888,100
$888.1K
Cap Rate 9%
$690,744
$690.7K
Market Conditions
NOI Build-Up for 9,807 SF
Gross rent
$105.9K $10.80/SF
− Vacancy
−$10.3K −$1.05/SF
EGI
$95.6K $9.75/SF
− OpEx
−$33.5K −$3.41/SF
NOI
$62.2K $6.34/SF
Area
Chico, CA
Vacancy
9.70%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,243,340
Cap Rate 7%
$888,100
Cap Rate 9%
$690,744
Alternative Uses
Best Use
Flex RnD
$888.1K
$777.1K – $1.04M
NOI $62,167 @ 7.0% cap · market cap 6.95%
Second Best
Industrial
$860.8K
$753.2K – $1.00M
NOI $60,254 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,607 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Properties on Market for Flex space in Butte County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Chico Catering Company — 999 Marauder St, Chico, CA 95973
Frequently Asked Questions
What type of property is this?
Flex space - Versatile property ideal for owner-user or investment.
Where is this flex space located?
The property is located at 200 Ryan Ave Chico, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two metal buildings totaling approximately 9,807 sq. ft. on 0.73 acres, offering a flexible layout.; Features 2,000 sq. ft. of finished office space and a 1,500 sq. ft. mezzanine.; Secondary building with 3,156 sq. ft. and a loading dock for shipping/receiving.
