10 Governors Ln Chico, CA 95926
- Office buildings
- 3,577 SF
- 0.27 lot acres
Current Use by Public Records
- Cormier Sidney R / Psychologist
- Interventional Pain Solutions, Office of Dr. Zachary Lipman & Dr. Michael Gasman / Pain Management Physician
- Dr. Phillip R. Filbrandt, MD / Pain Management Physician
- OMOLADE MAURICE-DIYA / Pain Management Physician
- Zacharias Joy / Nursing Agency
Property Details for 10 Governors Ln
- Year built
- 1989
- Construction
- WOOD
- Lot size
- 0.27 lot acres
- Property size
- 3,577 SF
- Property type
- Office buildings
- APN
- 006-081-042-000
- APU
- 6081042000
Description
This exceptional two-story, free-standing building at 10 Governors Lane in Chico, CA 95926, is offered at $679,000. Situated within an established business park, the property boasts mature landscaping and ample parking. The building is ideal for a variety of commercial uses, including medical offices, as currently configured. The ground floor features a spacious waiting room with integrated reception and check-in/out window, a built-in nurses' station, multiple exam rooms equipped with sinks, two large private offices, an employee breakroom, separate employee and patient restrooms, and a storage room. Upstairs, the layout includes several designated administrative work areas, a private bathroom with a shower, two additional private offices, a smaller kitchenette area, and two more storage rooms. The property's location in Butte County offers excellent accessibility and visibility. The building's well-maintained condition and versatile floor plan make it an attractive investment opportunity. The property is classified as Industrial, Land, with subtypes including Warehouse, Manufacturing, and Commercial. This is a rare opportunity to acquire a turnkey commercial property in a desirable Chico location. The property is zoned for commercial use and is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $455,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $565,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $485,000
- Retail
- $570,000
- Mixed-Use
- $550,000
- Hospitality
- $450,000
- Educational
- $420,000
- Residential Income
- $510,000
- Energy
- $565,000
- Income-Based Land
- $510,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.858
- Latitude
- 39.7549
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA
