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Financial
Distress signals
Property profile

10 Governors Ln Chico, CA 95926

FOR LEASE
Office buildings
Property ID
US09-0139510
3,577 SF 0.27 ac lot Built 1989
Last sale Jul 2021 · $500,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding two-level medical office building in an established business park at 10 Governors Ln in Chico, California. The first floor is configured for clinical and administrative use, including a waiting area, built-in reception counter, nurses station, exam rooms with sinks, two private offices, an employee breakroom, separate patient and employee restrooms, and storage. The upper level provides administrative work areas, two private offices, a bathroom with shower, a kitchenette, and two…

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?
$6k
Tax billed · 2024
Assessed value$520k
Assessed land$156k
Assessed improvement$364k
Effective rate1.11%

Value estimate

· Oct 2026
$595k
$536k – $655k
AI approach$490k
CAP approach$620k
Submarket $/SF estimate$550k
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 996.18% cap applied$38k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$104 – $228
Qualifying comparables3

Cap rate analysis

How does the asset earn?
996.18%
$38k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service15.6
Parking Facility14.8
Bakery10.8

Location

10 Governors Ln Chico, CA 95926
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1290 1st, Chico, CA 95926-1529 $453,000 Oct 2024 2,097 SF
1488 Ee, Chico, CA 95926-1795 $1,150,000 Aug 2024 3,813 SF
1209 Esplanade, Chico, CA 95926-3397 $950,000 Jul 2024 5,944 SF
376 Vallombrosa, Chico, CA 95926-3900 $900,000 May 2024 6,128 SF
1351 Esplanade, Chico, CA 95926-4900 $1,075,000 Apr 2024 5,337 SF
5 Williamsburg, Chico, CA 95926-2225 $221,000 Oct 2023 3,299 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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