Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

101 Salem St Chico, CA 95928

FOR LEASE
Retail space
Property ID
US09-1482170
10,454 SF 0.15 ac lot Built 1979
Last sale Sep 2023 · $1,200,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a second-story office unit located at 101 Salem Street, Chico, California, with an area of approximately 1,475 square feet. The interior layout includes four private offices plus a larger open workspace/meeting area. The unit is served by central air conditioning and elevator service, and the building provides shared restroom facilities for occupants. The building was constructed in 1979. The office is situated in Downtown Chico, adjacent to Chico State, with proximity to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$1.20M
Assessed land$200k
Assessed improvement$1.00M
Effective rate1.29%

Value estimate

· Oct 2026
$940k
$846k – $1.03M
AI approach$1.26M
Submarket $/SF estimate$1.05M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$957
Operating expenses−$5k
NOI · 1,136.93% cap applied$16k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$78 – $211
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,136.93%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
CC Community Commercial Commercial Mixed Use (CMU) (6 to 22 units per gross acre) DN DS Downtown North Downtown South Commercial Mixed Us...
General categoryMIXED_USE
JurisdictionBUTTE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.7
Auto Parts Store20.0
Wholesale Shop18.4

Location

101 Salem St Chico, CA 95928
County assessor Recorded deeds · 11 transfers 4 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1300 Park, Chico, CA 95928-6103 $3,050,000 Mar 2025 8,385 SF
1555 Springfield, Chico, CA 95928-6398 $3,377,000 Feb 2024 7,560 SF
325 Broadway, Chico, CA 95928-5321 $1,850,000 Sep 2023 10,323 SF
250 1st, Chico, CA 95928-5401 $1,200,000 Jun 2023 11,680 SF
1408 Park, Chico, CA 95928-6105 $1,399,000 Jan 2023 11,088 SF
1405 Park, Chico, CA 95928-6104 $599,000 Jan 2023 7,973 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
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?”
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
Why this one?
Saved
Reason not saved — we won't ask again