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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Office buildings
1016 Skwy Skyway Chico, CA 95928-7129
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3027742
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
3,852 SF
Lot
0.55 ac (23,958 SF)
APN
002-210-074-000
UPID
US10-3027742
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.10M
Owner & transaction history
Trans Holding LLC · 1 yrs held
Trans Holding LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+57.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chico submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,305,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$685,000
Current use
COMMERCIAL (GENERAL)
$1,080,000
Change: +57% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Feb 5 2025)
Last sale anchor
$1.10M
Feb 5 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$286 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,769
Tax year 2024
Assessed value
$1,252,221
Assessed 2024
Previous assessed
$1,252,221
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$765,550
Assessed improvement
$486,671
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,852 SF
Lot
0.55 ac (23,958 SF)
APN
002-210-074-000
UPID
US10-3027742
Jurisdiction
BUTTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Trans Holding LLC
Entity
Mailing address
2721 ESCALLONIA WAY, CHICO, CA 95973-7692
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
—
Trans Holding LLC
Thu Loan Tran
Deed
related
—
Feb 28, 2023
—
Thu L Tran
—
Deed
related
$700,000 · Bank Of America NA
Oct 1, 2018
$1,100,000
Thu L Tran
Hls
Grant Deed
$770,000 · Velocity Com'l Cap
Oct 26, 2006
—
Hls
Western Dental Services INC
Grant Deed
related
—
Aug 23, 2006
—
Hls
Western Dental Services INC
Grant Deed
related
—
Jun 13, 2005
$625,000
Hls
Butte Creek Investment Corp
Grant Deed
—
Dec 15, 2004
$625,000
Butte Creek Investment Corp
Farmers Ins Exchange & Truck
Grant Deed
$425,000 · Tri Counties Bank
Jan 1, 1984
—
Farmers Insurance Exchange Etal
—
Grant Deed
related
—
—
—
Hls
—
Deed Of Trust
related
$400,000 · David Gallentine
—
—
Hls
—
Deed Of Trust
related
$100,000 · Walker Family Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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