You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

10 Governors Ln Chico, CA 95926-1991

Office buildings Google Maps
3,577 SF 0.27 ac lot Built 1989
Individually Owned 1-yr Hold Free & Clear
Estimated value (blended)
$595k
Range $536k – $655k (±10%)
Property ID US09-0139510

Property summary

AI-generated overview

This exceptional two-story, free-standing building at 10 Governors Lane in Chico, CA 95926, is offered at $679,000. Situated within an established business park, the property boasts mature landscaping and ample parking. The building is ideal for a variety of commercial uses, including medical offices, as currently configured. The ground floor features a spacious waiting room with integrated reception and check-in/out window, a built-in nurses' station, multiple exam rooms equipped with sinks, two large private offices, an employee breakroom, separate employee and patient restrooms, and a storage room. Upstairs, the layout includes several designated administrative work areas, a private bathroom with a shower, two additional private offices, a smaller kitchenette area, and two more storage rooms. The property's location in Butte County offers excellent accessibility and visibility. The building's well-maintained condition and versatile floor plan make it an attractive investment opportunity. The property is classified as Industrial, Land, with subtypes including Warehouse, Manufacturing, and Commercial. This is a rare opportunity to acquire a turnkey commercial property in a desirable Chico location. The property is zoned for commercial use and is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction WOOD
Total area 3,577 SF
Lot 0.27 ac (11,761 SF)
APN 006-081-042-000
UPID US09-0139510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician
  • Employment Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
$620k
Comparable Approach Comparable
$550k
Blend (final) Blend
$595k

Owner & transaction history

since 2025
Last sale
$500,000
6 recorded transactions
2025
Price N/A
2021
$500,000
2021
Price N/A
2007
$485,000
1999
Price N/A
1991
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $825,000 +37.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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