Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1660 Humboldt Rd Chico, CA 95928

    Sponsored
    For Lease
    Contact for pricing

    Prime Chico location, 1-story office, 4,223 sqft.

    Lot size:
    4,223 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    421
    This exceptional 4,223-square-foot executive office space at 1660 Humboldt Rd, Chico, CA 95928, is currently available for lease. Situated on a 1.44-acre lot in the Chico Creek Professional Park, this single-story building boasts a convenient location near Highway 32 and Highway 99. Built in 1994, the property offers multiple tenancy options with a minimum divisible space of 1,823 square feet and a maximum contiguous space of 2,400 square feet. The entire 4,223 square feet is currently vacant. Previously configured as a dental office, the space includes a reception and waiting area, four treatment rooms, a consultation room, an office, a lab, a break room, and three bathrooms. This versatile layout can be easily reconfigured to suit a variety of general office uses. The property's address is 1660 Humboldt Rd, with a cross street of Hwy 32, and its APN is 002050230000 in Butte County. This presents a unique opportunity to establish a presence in a highly desirable Chico business park. The property's central location and ample space make it an ideal choice for businesses seeking a comfortable and efficient workspace.

    Property Features for 1660 Humboldt Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,223 SF

    Building Details

    Year Built
    1994
    Stories
    1

    Spaces For Lease

    at 1660 Humboldt Rd, Chico, CA 95928 Contact us

    We can help!

    Listing Contact
    Mike Donnelly

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Shuell Michael PHD Physician Susan Matthiessen Foster Care Service Dr. Scott Hanosh Dental Office Ivan Gossage Employment Agency Gregory B Hunter Dental Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8118686
    Latitude
    39.7372895

    Nearby Similar for Lease

    • $8,500 /Mo
      11,170 SF

      Versatile Commercial Property on Park Avenue

      Highly visible commercial property suitable for retail, service, and warehouse uses.
      1538 Park Ave, Chico, CA 95928
      View Details
    • $2,800 /Mo
      2,799 SF

      Professional Office Space For Lease

      Spacious office space with executive offices, reception, and ample parking.
      19 Williamsburg Ln, Chico, CA 95926
      View Details
    • $1,275 /Mo
      1,500 SF

      Warehouse Unit in South Chico

      1500 sq ft warehouse with office space and loading dock.
      2704 Hegan Ln, Chico, CA 95928
      View Details
    • $3,995 /Mo
      4,888 SF

      Chico Retail Lease Takeover Opportunity

      Prime retail space in Mangrove Plaza, ready for various businesses.
      938 Mangrove Ave, Chico, CA 95926
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Chico Crossroads

      Retail space available in a busy Chico shopping center.
      2041-2071 Dr Mlk Jr Pkwy, Chico, CA
      View Details
    • Contact for pricing
      6,066 SF

      Retail Space in Chico Crossroads

      Retail space available in a busy Chico shopping center.
      2101 Dr Martin Luther King Jr Pkwy, Chico, CA
      View Details
    • $3,995 /Mo

      Retail Space in Mangrove Plaza

      Prime retail space available for lease takeover in Chico, CA.
      938 Mangrove Ave, Chico, CA 95926
      View Details
    • $3,300 /Mo

      Remodeled Office Suite For Rent

      Modern remodeled office suite with 8 private offices for rent.
      2068 Talbert Dr, Chico, CA 95928
      View Details
    • $1,650 /Mo

      Renovated Office and Shop Space

      Newly renovated office and shop space with modern amenities.
      129 Meyers St, Chico, CA 95928
      View Details
    • $1,050 /Mo

      Downtown Chico Victorian Office Space

      Charming Victorian office space in downtown Chico. Utilities included.
      344 Flume Ab, Chico, CA 95928
      View Details
    • $9,563 /Mo

      Corner Retail Space in Meriam Park

      Retail space in master-planned community with high traffic.
      1998 Alcott Ave, Chico, CA 95928
      View Details
    • $5,100 /Mo

      Warehouse with Large Yard Space

      2,400 SF warehouse with 31,000 SF yard for lease.
      2530 South Whitman Pl, Chico, CA 95928
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Chico location, 1-story office, 4,223 sqft.
    Where is this office property / space located?
    The property is located at 1660 Humboldt Rd Chico, CA.
    Request Owner's contact information
    1660 Humboldt Rd Chico, CA 95928
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1660 Humboldt Rd
    Chico, CA 95928
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1660 Humboldt Rd Chico, CA 95928
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Donnelly
    Learn more
    Google sign-in failed. Please try again or use another login method.