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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 647 East Avenue Chico, CA property presents a unique investment opportunity. Located in Butte County, zip code 95926 (39.7607907, -121.8499083), this industrial property is ideally suited for a variety of uses, including warehouse, manufacturing, and commercial ventures. Currently listed at $20,000, this land offers significant potential for development or immediate occupancy. The property's classification as industrial, land, and its subtypes as warehouse, manufacturing, and commercial highlight its versatility. While the existing structure is described as an excellent medical office, suitable for various medical practices, the property's zoning and potential uses extend beyond this current configuration. The existing building features a spacious waiting room with integrated reception and administrative space, four offices or exam rooms arranged around a central open area, separate employee and patient restrooms, and a convenient rear storage room. The attractive landscaping contributes to a park-like setting, enhancing the property's appeal. This prime location within an established professional business park, alongside other medical practices and a surgery center, offers excellent visibility and accessibility. The property's size and configuration provide ample space for expansion or adaptation to suit diverse business needs. This is a rare opportunity to acquire a versatile industrial property in a desirable Chico location at an attractive price point. Serious inquiries are encouraged.

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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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