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Financial
Distress signals
Property profile

2540 Esplanade Chico, CA 95973

FOR SALE
Retail space
Property ID
US10-2597692
24,806 SF 1.97 ac lot Built 1986
Last sale Nov 2023 · $4,542,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Unit 10 is a retail space totaling 4,988 square feet within a shopping/strip-center environment. The center was built in 1986 and Unit 10 is located at the corner of Esplanade and East Ave., providing storefront frontage suitable for a showroom and other retail uses. The surrounding center mix includes Jack in the Box, Blue Bird Liquor & Market, Heroes Corner Games & Merchandise, and an AM/PM Arco gas station. The site features ample on-site parking and is positioned near public transportation,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$34k
Tax billed · 2024
Assessed value$3.04M
Assessed land$1.00M
Assessed improvement$2.04M
Effective rate1.10%

Value estimate

· Oct 2026
$3.56M
$3.20M – $3.92M
AI approach$3.79M
CAP approach$4.72M
Submarket $/SF estimate$3.01M
NOI build-up
Gross scheduled income$511k
Vacancy & credit loss−$29k
Operating expenses−$121k
NOI · 6.03% cap applied$362k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$153/SF
Submarket average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$87 – $264

Cap rate analysis

How does the asset earn?
6.03%
$362k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBUTTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.9
Parking Facility14.7
Bakery11.7

Location

2540 Esplanade Chico, CA 95973
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2545 Esplanade, Chico, CA 95973 $10,550,000 Jun 2024 7,680 SF
282 Convair, Chico, CA 95973-9017 $3,293,000 Sep 2023 22,320 SF
156 Eaton, Chico, CA 95973-0299 $3,700,000 Dec 2022 7,000 SF
2539 Esplanade, Chico, CA 95973-1163 $1,580,000 Apr 2022 6,933 SF
3415 Silverbell, Chico, CA 95973-0392 $1,500,000 Feb 2021 18,420 SF
13407 Garner, Chico, CA 95973-9365 $1,900,000 Feb 2020 22,426 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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