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    647 East Ave Chico, CA 95926

    Sponsored
    For Sale
    $410,000

    Prime Chico warehouse, ideal for manufacturing or commercial use.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional $410,000 industrial property, located at 647 East Avenue in Chico, California (95926), presents a unique investment opportunity. The property is classified as industrial, encompassing warehouse, manufacturing, and commercial subtypes. While currently configured as a medical office, its adaptable layout offers significant potential for diverse uses. The building features a spacious waiting room with an integrated reception and administrative area, perfectly suited for a variety of businesses. Four offices or exam rooms are strategically positioned around a large open area, providing flexibility for various operational needs. Separate employee and patient restrooms ensure convenience and privacy. A rear storage room provides ample space for inventory or equipment. The property sits within an established professional business park, sharing the grounds with other medical practices and a surgery center. The attractive landscaping creates a park-like setting, enhancing the overall appeal and providing a pleasant environment for both employees and clients. The property's location in Butte County offers easy access to major transportation routes and amenities. This well-maintained building presents a compelling opportunity for investors seeking a versatile industrial space in a desirable Chico location. The property is offered at $410,000.

    Property Features for 647 East Ave

    General Information

    Property type
    Manufacturing properties

    HighLights

    • $410,000 industrial property in Chico, CA (95926).
    • Versatile industrial building suitable for warehouse, manufacturing, or commercial use; currently configured as a medical office.
    • Features four offices/exam rooms, a large open area, waiting room with reception, and separate employee and patient restrooms.
    • Includes rear storage room and is situated in an established professional business park with attractive landscaping.
    • Excellent location in Butte County with easy access to transportation and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    F. David Collins ... Doctor Norcal Ketamine Infusion ... Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8499083
    Latitude
    39.7607907

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Chico warehouse, ideal for manufacturing or commercial use.
    Where is this manufacturing property located?
    The property is located at 647 East Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: $410,000 industrial property in Chico, CA (95926).; Versatile industrial building suitable for warehouse, manufacturing, or commercial use; currently configured as a medical office.; Features four offices/exam rooms, a large open area, waiting room with reception, and separate employee and patient restrooms.
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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
    647 East Ave Chico, CA 95926
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