650 Rio Lindo AveChico, CA 95926

Property Details for 650 Rio Lindo Ave

Year built

1975

Construction

WOOD

Lot size

0.82 AC

Property size (Sq ft)

8,748 SF

Property type

Office properties

Property subtype

Office buildings

APN

006-260-040-000

APU

6260040000

Description

This exceptional 1,067 square foot office space, located at 650 Rio Lindo Avenue, Unit #1 in Chico, California, presents a fantastic opportunity for businesses seeking a well-appointed and conveniently situated location. The single-tenant property, built in 1975, sits on a 0.82-acre lot (35,719 square feet) and is ideally suited for traditional office or medical office use. Currently configured as a dental practice, the space boasts a welcoming waiting room, a built-in reception area, a convenient breakroom, three fully equipped dental operatories, a dedicated lab area, a private office, a restroom, and a laundry area. The operatories offer a calming view of the lush landscaping. Ample parking is available for both employees and clients, ensuring ease of access and convenience. The property's location in Central Chico offers easy access to the freeway, making it highly accessible for employees and clients alike. The property's APN is 006260040000, and it is situated in Butte County, California, zip code 95926. This single-story building offers a functional and efficient layout, ready for immediate occupancy or customization to suit your specific business needs. The property's prime location and versatile design make it an attractive option for a variety of businesses. Don't miss this chance to secure this exceptional office space in a thriving Chico location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,576,583

  6.5%

  $1,455,308

  7%

  $1,351,357

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,249,040

  Geo Method

  $1,249,040

• Alternative Use

  Use

  Valuation

  Residential

  $1,804,581

  Hospitality

  $1,652,987

  Educational

  $1,375,266

  Medical

  $1,422,563

  Retail

  $2,139,302

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.754

Longitude

-121.848

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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