Chico Office Building For
For Sale
$975,000
590 Vallombrosa, Chico, CA 95926
Well-located 4,611 SF Chico office building near Bidwell Park.
Property Size4,611 SF
Price / SF$211.45
Days on Market140
Property Features for 590 Vallombrosa
General Information
Standard status
Active
Size
4,611 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1990
Listing Agency:
Commercial Brokers of California
Listed By:
Michael Donnelly · License #01429436
(530) 828-0011
Source:
Exitrealty
Added: May 24
Changed: Sep 1
Last Checked: Sep 15 at 5:10AM
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
Investment Insights
Based on property information with market context.
This 4,611 square foot office building is located in Chico, offering convenient access to Bidwell Park and various commercial services. The property features a professional reception area, a large administrative area, 11 mid-size and executive offices, a large bullpen or cubicle office space, a conference room, a mail/operations room, storage space, a break room, and two bathrooms. Ample parking is available. The property is situated next to the post office and the Safeway Park Plaza Shopping Center.
Key Highlights
- Prime location next to Bidwell Park, the post office, and Safeway Park Plaza Shopping Center.
- Spacious 4,611 square foot office building.
- Well‑appointed and stylish architecture.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,798
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,960
$976.0K
Cap Rate 7%
$697,114
$697.1K
Cap Rate 9%
$542,200
$542.2K
Market Conditions
NOI Build-Up for 4,611 SF
Gross rent
$68.1K $14.76/SF
− Vacancy
−$3.0K −$0.65/SF
EGI
$65.1K $14.11/SF
− OpEx
−$16.3K −$3.53/SF
NOI
$48.8K $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%
$975,960
Cap Rate 7%
$697,114
Cap Rate 9%
$542,200
Alternative Uses
Best Use
Office B
$697.1K
$610.0K – $813.3K
NOI $48,798 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$931.0K
$814.6K – $1.09M
NOI $65,170 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Office building - Well-located 4,611 SF Chico office building near Bidwell Park.
Where is this office building located?
The property is located at 590 Vallombrosa Chico, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Prime location next to Bidwell Park, the post office, and Safeway Park Plaza Shopping Center.; Spacious 4,611 square foot office building.; Well‑appointed and stylish architecture.
