Property profile

2571 California Park Dr Chico, CA 95928

OFF-MARKET
Office Spaces
7,406 SF 1.2 ac lot Built 2002
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Property summary

AI-generated overview

This exceptional 7,406 square foot office condo, located at 2571 California Park Drive Unit 200 in Chico, California, presents a unique opportunity. Situated on a 1.2-acre lot, this property boasts a tranquil lakeside setting, offering a rejuvenating work environment. The suite features two executive offices, a spacious area with built-in desks ideal for assistants, a large conference room perfect for client meetings, and a fully remodeled kitchen complete with custom cabinetry and countertops. A modern, updated bathroom adds to the suite's appeal. Enjoy breathtaking lake views from the private covered patio. Approximately three years ago, the current owner invested $35,000 in upgrades, enhancing the property's already impressive features. The building houses six individual condo units, each occupied by a diverse range of businesses, including an attorney, dentist, chiropractor, property management company, architect, and real estate office. This property is available for sale or lease, and the seller is open to flexible closing dates and may consider financing options. This is an exceptional opportunity to acquire a well-maintained, upgraded office space in a highly desirable location.

Property profile

Verified
Property type Office Spaces
Year built 2002
Total area 7,406 SF
Lot 1.2 ac (52,272 SF)

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
  • Real Estate Agency
  • Foster Care Service Social Service Agency
  • Construction Company General Contractor
  • Real Estate Agency
  • Alternative Medicine Practice Spa & Massage Center

Location

2571 California Park Dr Chico, CA 95928
Chico metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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
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