Freestanding Office
New
For Sale
$265,000
376 Rio Lindo Avenue, Chico, CA 95926
Four private offices, a conference room, kitchenette, and two restrooms create a varied interior layout.
Property Size1,391 SF
Days on Market3
Property Features for 376 Rio Lindo Avenue
General Information
Standard status
Active
Size
1,391 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
front accessibility ramp
card key entry system
reception area
conference room
kitchenette
restrooms
Building Details
Building Size
1,391 SF
Year Built
1930
Listing Agency:
Capital Rivers Commercial Inc
Listed By:
Carrie Welch · License #01926238
(530) 570-5107
Source:
Homesbyupside
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:43AM
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 Inc
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Investment Insights
Based on property information with market context.
Built in 1930, this freestanding office property at 376 Rio Lindo Avenue in Chico offers a reception area, four private offices, and a conference room. A kitchenette and two restrooms complete the interior layout.
On-site parking serves the building, which also has an accessible front ramp and card-key entry. These features complement the property's multi-room office configuration.
On-site parking serves the building, which also has an accessible front ramp and card-key entry. These features complement the property's multi-room office configuration.
Key Highlights
- Four private offices, a reception area, and a conference room
- Kitchenette and two restrooms
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,721
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,420
$294.4K
Cap Rate 7%
$210,300
$210.3K
Cap Rate 9%
$163,567
$163.6K
Market Conditions
NOI Build-Up for 1,391 SF
Gross rent
$20.5K $14.76/SF
− Vacancy
−$903 −$0.65/SF
EGI
$19.6K $14.11/SF
− OpEx
−$4.9K −$3.53/SF
NOI
$14.7K $10.58/SF
Area
Chico, CA
Vacancy
4.40%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,420
Cap Rate 7%
$210,300
Cap Rate 9%
$163,567
Alternative Uses
Best Use
Office B
$210.3K
$184.0K – $245.4K
NOI $14,721 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.9K
$245.8K – $327.7K
NOI $19,660 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,088
Businesses Nearby
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Business Placement
Demographics for 95926, CA
41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Four private offices, a conference room, kitchenette, and two restrooms create a varied interior layout.
Where is this office building located?
The property is located at 376 Rio Lindo Avenue Chico, CA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Four private offices, a reception area, and a conference room; Kitchenette and two restrooms; On‑site parking
