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Property profile & analytics
OFF-MARKET
Estimated value
$3,800,000
Retail space
1042 Nord Ave Chico, CA 95926-4308
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0386431
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Lot
1.03 ac (44,866 SF)
Zoning code
C1
APN
043-210-019-000
UPID
US09-0386431
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Cosmetic Store
-
ATM Walgreens Store 5207 Atm Bank
-
LibertyX Bitcoin ATM Atm
-
Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.80M
Owner & transaction history
Jeff D Tateosian · 2 yrs held
Jeff D Tateosian
since 2024
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
C1 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,800,000
ML approach
$3,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.80M
Range $3.42M – $4.18M · ±10% · vs last sale $3.80M (Jun 21 2024)
Last sale anchor
$3.80M
Jun 21 2024
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
—
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
$21,601
Tax year 2024
Assessed value
$1,955,259
Assessed 2024
Previous assessed
$1,955,259
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$723,473
Assessed improvement
$1,231,786
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
NONE
Lot
1.03 ac (44,866 SF)
Zoning code
C1
APN
043-210-019-000
UPID
US09-0386431
Jurisdiction
BUTTE
Zoning & alternative use
C1 · Chico, CA
Zoning C1 · permitted uses
C1 · Chico, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chico. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
1.03 ac
Current owner
From public records · entity-resolved
Jeff D Tateosian
Individual
Free & Clear · 2 yrs held
Mailing address
466 CUMBERLAND DR, BURLINGAME, CA 94010-2721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
—
Jeff D Tateosian
Jeffrey D Tateosian
Intrafamily Transfer
related
—
Dec 22, 2021
—
Joni T Amaroli
Nancy L Tateosian
Intrafamily Transfer
related
—
May 19, 2020
—
Department Of Transportation
Tateosian Exemption Trust
Grant Deed
related
—
Jul 29, 2014
—
Tateosian Exemption Trust
Tateosian D & N Trust
Quit Claim Deed
related
—
Feb 19, 2014
—
Tateosian,nancy L Tr
Tateosian,donald D
Affidavit Of Death
related
—
Jan 10, 2002
$1,709,500
Euclid Trust
Rio Rancho Trust
Grant Deed
—
Jan 10, 2002
$1,660,500
Meadows Trust
Rio Rancho Trust
Grant Deed
—
Jan 10, 2002
$3,800,000
Donld D Tateosian Trustee
Meadows Trust
Grant Deed
$2,300,000 · Borel Bank & Trust
Jan 10, 2002
—
Rio Rancho Trust
Gerogetown Trust
Grant Deed
related
—
Nov 22, 2000
$705,000
Georgetown Trust
Rio Rancho Trust
Grant Deed
$2,587,250 · Bank One Texas NA
Mar 3, 2000
$400,000
Rio Rancho Trust
Ortega Trust
Grant Deed
—
Oct 5, 1992
—
Ortega,jim M & Laura B Family Tr
Ortega,jim M & L
Quit Claim Deed
related
—
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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