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    10 Governors Ln Chico, CA 95926
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    Property profile & analytics

    10 Governors Ln, Chico, CA 95926

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    • Office buildings
    • 3,577 SF
    • 0.27 lot acres
    Chico Industrial Property: Prime Location For Sale
    $679,000

    Chico Industrial Property: Prime Location

    Established business park, medical office building, ample parking.

    10 Governors Ln, Chico, CA 95926
    View Listing
    Property ID
    US09-0139510
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    6.8%
    Office buildings
    Location Intelligence

    Current Use by 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

    Property Details for 10 Governors Ln

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.27 lot acres
    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $595,000
      ML approach
      $490,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $675,000
      6.5%
      $620,000
      7%
      $575,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $550,000
      Market price range: $372k - $815k
      AI Estimate
      $398,000
      Market price range: $197k - $663k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $600,000
      Current use
      RETAIL STORES
      $825,000
      Change: +37% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,774
    $156,060
    $364,140
    $520,200
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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