Medical Office Suite with Exam
For Sale
Contact for pricing
643 W East Avenue #B, Chico, CA 95926
A patient-facing layout combines a waiting area, administrative reception, six enclosed rooms, and flexible open space.
Property Size1,627 SF
Price / SF$1.40
Days on Market16
Property Features for 643 W East Avenue #B
General Information
Standard status
Active
Size
1,627 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Year Built
1999
Listing Agency:
Century 21 Masters
Listed By:
Jack Ma
(909) 610-5188
Source:
Jackmarealestate
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 28 at 2:55PM
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 Century 21 Masters
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite B is a medical office space built in 1999, with 1,627 square feet arranged for patient care and administration. Its layout includes a waiting room, reception and administrative area, six offices or exam rooms, and a large open flex area.
Key Highlights
- 1,627‑square‑foot medical office suite
- Six offices or exam rooms
- Waiting room and reception/administrative area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,218
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,360
$344.4K
Cap Rate 7%
$245,971
$246.0K
Cap Rate 9%
$191,311
$191.3K
Market Conditions
NOI Build-Up for 1,627 SF
Gross rent
$24.0K $14.76/SF
− Vacancy
−$1.1K −$0.65/SF
EGI
$23.0K $14.11/SF
− OpEx
−$5.7K −$3.53/SF
NOI
$17.2K $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%
$344,360
Cap Rate 7%
$245,971
Cap Rate 9%
$191,311
Alternative Uses
Best Use
Healthcare Medical
$270.3K
$236.5K – $315.3K
NOI $18,919 @ 7.0% cap · market cap 830.87%
Second Best
Office B
$246.0K
$215.2K – $287.0K
NOI $17,218 @ 7.0% cap · market cap 756.17%
Theoretical Best
Office A
$328.5K
$287.4K – $383.3K
NOI $22,995 @ 7.0% cap · market cap 1,009.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,604
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A patient-facing layout combines a waiting area, administrative reception, six enclosed rooms, and flexible open space.
Where is this medical office space located?
The property is located at 643 W East Avenue #B Chico, CA.
What are key features of this property?
This property features: 1,627‑square‑foot medical office suite; Six offices or exam rooms; Waiting room and reception/administrative area
