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    10 Governors Ln Chico, CA 95926

    Sponsored
    For Sale
    $679,000

    Established business park, medical office building, ample parking.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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 Features for 10 Governors Ln

    General Information

    Property type
    Manufacturing properties

    HighLights

    • Exceptional two‑story, free‑standing building in Chico, CA, offered at $679,000.
    • Located in an established business park with ample parking and mature landscaping.
    • Ideal for various commercial uses, currently configured as medical offices.
    • Ground floor features waiting room, reception area, nurses' station, exam rooms, offices, breakroom, and restrooms.
    • Upper floor includes administrative areas, private bathroom, offices, kitchenette, and storage.
    • Well‑maintained, versatile floor plan in a desirable Chico location, ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cormier Sidney R Psychologist Interventional Pain Solutions, ... Pain Management Physician Dr. Phillip R. ... Pain Management Physician OMOLADE MAURICE-DIYA Pain Management Physician Zacharias Joy Nursing Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.857751
    Latitude
    39.7548832

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    FAQs

    What type of property is this?
    Manufacturing property - Established business park, medical office building, ample parking.
    Where is this manufacturing property located?
    The property is located at 10 Governors Ln Chico, CA.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: Exceptional two-story, free-standing building in Chico, CA, offered at $679,000.; Located in an established business park with ample parking and mature landscaping.; Ideal for various commercial uses, currently configured as medical offices.
    Request Owner's contact information
    10 Governors Ln Chico, CA 95926
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    Chico, CA 95926
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    Realmo Value Estimation

    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.

    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.

    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
    10 Governors Ln Chico, CA 95926
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