Medical Office Suite with Exam
For Sale
Contact for pricing
564 Rio Lindo #201, Chico, CA 95926
Second-floor space features a patient waiting area, two exam rooms, private offices, and a lab/storage area.
Property Size1,557 SF
Price / SF$1.25
Days on Market17
Property Features for 564 Rio Lindo #201
General Information
Standard status
Active
Size
1,557 SF
Property subtype
Office
Building Details
Year Built
1972
Listing Agency:
Harris Commercial Real Estate
(530) 419-1600
Listed By:
Brandon Harris · License #01318261
(530) 828-9289
Source:
Jackmarealestate
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 11:14AM
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 Harris Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 1,557-square-foot medical office suite occupies the second floor of a two-story building at 564 Rio Lindo. Its plan includes a patient waiting area, reception with a check-in window and space for 2–3 staff, two exam rooms, two private offices, lab and storage space, and two bathrooms. A recently installed elevator serves the floor. The building was constructed in 1972 and has undergone updates to its exterior and shared interior areas.
Tenants have access to a large private parking lot, with reserved spaces available alongside additional parking for clients and patients. Key-fob entry, three stairwells, wide hallways, a glass entrance, updated windows, and monument signage are among the building’s shared features.
Tenants have access to a large private parking lot, with reserved spaces available alongside additional parking for clients and patients. Key-fob entry, three stairwells, wide hallways, a glass entrance, updated windows, and monument signage are among the building’s shared features.
Key Highlights
- 1,557‑square‑foot medical office suite on the second floor
- Suite plan includes two exam rooms, two private offices, and lab/storage space
- Reception area has a check‑in window and room for 2–3 staff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,478
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,560
$329.6K
Cap Rate 7%
$235,400
$235.4K
Cap Rate 9%
$183,089
$183.1K
Market Conditions
NOI Build-Up for 1,557 SF
Gross rent
$23.0K $14.76/SF
− Vacancy
−$1.0K −$0.65/SF
EGI
$22.0K $14.11/SF
− OpEx
−$5.5K −$3.53/SF
NOI
$16.5K $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%
$329,560
Cap Rate 7%
$235,400
Cap Rate 9%
$183,089
Alternative Uses
Best Use
Healthcare Medical
$258.6K
$226.3K – $301.8K
NOI $18,105 @ 7.0% cap · market cap 928.46%
Second Best
Office B
$235.4K
$206.0K – $274.6K
NOI $16,478 @ 7.0% cap · market cap 845.03%
Theoretical Best
Office A
$314.4K
$275.1K – $366.8K
NOI $22,006 @ 7.0% cap · market cap 1,128.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,983
Businesses Nearby
Balanced
Demand for This Use
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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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Second-floor space features a patient waiting area, two exam rooms, private offices, and a lab/storage area.
Where is this medical office space located?
The property is located at 564 Rio Lindo #201 Chico, CA.
What are key features of this property?
This property features: 1,557‑square‑foot medical office suite on the second floor; Suite plan includes two exam rooms, two private offices, and lab/storage space; Reception area has a check‑in window and room for 2–3 staff
