Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    575 Ave Chico, CA 95926
    Back to Search
    Property profile & analytics

    575 Ave Chico, CA 95926

    View on Map
    • Retail properties & Spaces
    • 470 SF
    • 0.21 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 575 Ave

    Year built
    1954
    Lot size
    0.21 lot acres
    Property size
    470 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail or office space, located on East Avenue in Chico, California, presents a fantastic opportunity for a new business. Boasting 470 square feet of freshly renovated space, this unit is perfectly suited for an owner-operator seeking a prime location. The property's East Avenue address ensures high visibility and significant exposure for your business, attracting a large volume of potential customers. The space is ready for immediate occupancy, eliminating the need for extensive renovations or improvements. With a generous 0.21-acre lot, the property offers ample space for outdoor signage or potential expansion (subject to zoning regulations). The modern updates and convenient location make this an attractive option for a variety of businesses. This is a rare opportunity to secure a well-located, move-in ready commercial space in a thriving Chico neighborhood. Don't miss out on this chance to establish your business in a highly visible and desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.873
    Latitude
    39.7783

    Comparable in this City

    • Value Estimation by Request
      2,390 SF

      575 East Ave

      Neighborhood centers • 2,390 SF
      575 East Ave, Chico, CA 95926
      View Details
    • Value Estimation by Request

      982 East Ave

      Manufacturing properties
      982 East Ave, Chico, CA 95926
      View Details
    • Value Estimation by Request
      31,558 SF

      2160 Pillsbury Rd

      Individual retail properties • 31,558 SF
      2160 Pillsbury Rd, Chico, CA 95926
      View Details
    • Value Estimation by Request
      2,390 SF

      575 East Ave

      Lifestyle centers • 2,390 SF
      575 East Ave, Chico, CA 95926
      View Details
    • Value Estimation by Request
      1,050 SF

      1218

      Retail properties & Spaces • 1,050 SF
      1218, Chico, CA 95926
      View Details
    • Value Estimation by Request
      11,223 SF

      1380 East Ave

      Retail properties & Spaces • 11,223 SF
      1380 East Ave, Chico, CA 95926
      View Details

    Similar Nearby for Sale

    • $935,000

      Mangrove Avenue Commercial Building For Sale

      Well-maintained, fully leased commercial building in a high-traffic location.
      1215 Mangrove Ave, Chico, CA 95926
      View Details
    • $968,600
      6,710 SF

      Downtown Chico Storefront with Patio

      Historic downtown storefront with original brick and high ceilings.
      218 Main St, Chico, CA 95926
      View Details
    • Contact for pricing

      Automotive Dealership Opportunity in Chico

      Automotive dealership with mechanic shop and additional lot for sale.
      Cohasset Rd, Chico, CA 95926
      View Details
    • Contact for pricing
      18,196 SF

      Chico Automotive Retail Opportunity

      Automotive retail property available for sale in Chico, California.
      1555 Mangrove Ave, Chico, CA 95926
      View Details
    • $849,000

      Avenue Triplex with Expansion Potential

      Triplex near Chico State with potential for increased income.
      131 W 3Rd St, Chico, CA 95926
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Corner Lot for Lease

      Corner lot suitable for various commercial and residential uses.
      996 E 1St Ave, Chico, CA 95926
      View Details
    • $21 SF/Yr
      11,223 SF

      East Avenue Marketplace Retail

      High-traffic retail space, 900-1200 sqft.
      1380 East Ave, Chico, CA 95926
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for lease in Chico, California.
      850 East Ave, Chico, CA 95926
      View Details
    • $3,360 /Mo

      Retail Space in Chico Center

      Retail space in established, high-traffic Chico shopping center.
      690 Mangrove Ave, Chico, CA 95926
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    575 Ave
    Chico, CA 95926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    575 Ave, Chico, CA, 95926
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!