You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $525,000
Office buildings

10 Governors Ln Chico, CA 95926-1991

3,577 SF 0.27 ac lot Built 1989
Individually Owned 1-yr Hold Free & Clear
Property ID
US09-0139510
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction WOOD
Total area 3,577 SF
Lot 0.27 ac (11,761 SF)
APN 006-081-042-000
UPID US09-0139510
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
  • Cormier Sidney R Physician Medical Clinic
  • Interventional Pain Solutions, Office of Dr. Zachary Lipman & Dr. Michael Gasman Physician
  • Dr. Phillip R. Filbrandt, MD Physician
  • OMOLADE MAURICE-DIYA Physician
  • Zacharias Joy Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
$620k
Comparable Approach Comparable
$550k
Blend (final) Blend
$525k
Owner & transaction history
Zachary Lipman · 1 yrs held
Zachary Lipman
since 2025
Last sale
$500,000
6 recorded transactions
2025
Price N/A
2021
$500,000
2021
Price N/A
2007
$485,000
1999
Price N/A
1991
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $825,000 +37.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10 Governors Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message