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Property profile & analytics
OFF-MARKET
Warehouses

647 East Ave Chico, CA 95926

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • F. David Collins MD Physician
  • Norcal Ketamine Infusion Centers Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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