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    2499 Bruce Rd Chico, CA 95928

    For Sale
    $2,500,000

    6,702 SF Retail Space, Owner/User Opportunity

    Property size:
    6,702 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property at 2499 Bruce Road, Chico, CA 95928, presents a unique owner-user opportunity with potential rental income. The 6,702 square foot building, constructed in 2005, sits on a 0.55-acre lot at the high-traffic corner of Bruce Road and Skyway, boasting daily traffic counts exceeding 30,000 vehicles. The Class B, two-story building features high ceilings, multiple double doors, and is zoned for Restricted Commercial use (C-1). The property includes convenient access points for easy loading and unloading, enhancing customer flow. Upstairs space is adaptable for office use or an employee break room. Environmentally conscious design incorporates solar energy, offering potential cost savings. The building is divisible into approximately 4,100 or 6,702 square feet, providing flexibility for various business needs. Seller financing may be available for qualified buyers. This prime location, surrounded by planned development, offers significant potential for growth and profitability. The property's features, combined with its high visibility and convenient access, make it an ideal investment for a discerning business owner.

    Property Features for 2499 Bruce Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    6,702 SF
    Class
    B
    Lot Size
    23,958 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    2

    HighLights

    • Convenient access points for easy loading and unloading, enhancing customer flow.
    • Upper level suitable for office or breakroom.
    • Solar energy system provides environmentally friendly operation and potential cost savings.
    • Divisible into approximately 4,100 SF or 6,702 SF.
    • Seller financing may be available to qualified buyers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Keith McBride - State ... Insurance Agency Gold Star Web Website Designer Skyway Tool Center, ... Tool Store Maurice's Garage Door ... Spring Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.78788403
    Latitude
    39.71424627

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    FAQs

    What type of property is this?
    Lifestyle center - 6,702 SF Retail Space, Owner/User Opportunity
    Where is this lifestyle center located?
    The property is located at 2499 Bruce Rd Chico, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Convenient access points for easy loading and unloading, enhancing customer flow.; Upper level suitable for office or breakroom.; Solar energy system provides environmentally friendly operation and potential cost savings.
    Request Owner's contact information
    2499 Bruce Rd Chico, CA 95928
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    Chico, CA 95928
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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
    2499 Bruce Rd Chico, CA 95928
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