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    643 East Ave Chico, CA 95926

    Sponsored
    For Sale
    $578,000

    Prime Chico warehouse, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 643 East Avenue property in Chico, CA (95926), offers a versatile industrial space currently configured as a family and children's audiology clinic. Priced at $578,000, this property presents a unique investment opportunity. The building boasts attractive grounds and a professional business environment, featuring a spacious waiting room, expansive reception and administrative areas, multiple offices or exam rooms, and two large, adaptable open-plan areas. The flexible layout allows for diverse uses, and the property could easily be divided into two separate units. Situated in Butte County, California, this warehouse/manufacturing/commercial space benefits from a convenient location with excellent access. The current tenant is vacating soon, presenting an immediate opportunity for owner-occupancy or lease to a new tenant. While currently used as a medical facility, the adaptable design makes it suitable for a wide range of industrial and commercial businesses. The property's location in a first-class business center ensures a strong potential for future growth and profitability. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a desirable Chico location. The property is also available for lease.

    Property Features for 643 East Ave

    General Information

    Property type
    Manufacturing properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Daniela Morcos-Gannon, ... Pediatrician Children's Neurosurgical Associates Medical Clinic Elizabeth Vichi Speech Pathologist Tedford Patrick M. ... Pediatrician

    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
    -121.8498524
    Latitude
    39.7610894

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Chico warehouse, ideal for various uses.
    Where is this manufacturing property located?
    The property is located at 643 East Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $578,000.
    Request Owner's contact information
    643 East Ave 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
    643 East Ave Chico, CA 95926
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