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    Property profile

    1111 Frst Ave Chico, CA 95928

    OFF-MARKET
    Gas stations
    Property ID
    US09-1583942
    2,940 SF 1.38 ac lot Built 1998
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
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    Property summary

    AI-generated overview

    This retail property was built in 1998 and is situated on a 1.38-acre lot. The building encompasses approximately 2,940 square feet. It has historically been used for retail operations for about 35 years. The property is leased under an agreement in which the tenant’s occupancy extends through November 30, 2033, and the lease structure includes a scheduled 10% rent increase in 2028.

    Property profile

    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1998
    Construction TILT-UP CONCRETE
    Total area 2,940 SF
    Lot 1.38 ac (60,112 SF)
    Zoning code CC
    APN 002-050-244-000
    UPID US09-1583942

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Atm
    • Cinema (Bike/Boat/Book/etc) Store
    2 occupants on record

    Location

    1111 Frst Ave Chico, CA 95928-6302
    Chico metro Census 903 CHICO, CA METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
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    Blend (final) Blend
    by Request

    Owner & transaction history

    since 2024
    Last sale
    $3.8M
    4 recorded transactions
    2024
    $3.8M
    2018
    Price N/A
    2016
    $3.4M
    2000
    Price N/A

    Zoning & alternative use

    CC · Chico, CA
    Zoning description

    CC Community Commercial Commercial Mixed Use (CMU) (6 to 22 units per gross acre) DN DS Downtown North Downtown South Commercial Mixed Use (CMU) (6 to 22 units per gross acre CS Commercial Services Commercial Services (C…

    General category MIXED_USE

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $180,000
      640 SF
      196 15th St
      SERVICE STATION WITH FOOD MART
      196 15th St, Chico, CA 95928-6111
      View Details
    • Value Estimation
      $275,000
      3,336 SF
      194 17th St
      SERVICE STATION WITH FOOD MART
      194 17th St, Chico, CA 95928-6660
      View Details
    • Value Estimation
      $205,000
      3,180 SF
      878 20th St
      SERVICE STATION WITH FOOD MART
      878 20th St, Chico, CA 95928-6721
      View Details
    • Value Estimation
      $730,000
      21,000 SF
      1070 20th St
      SERVICE STATION WITH FOOD MART
      1070 20th St, Chico, CA 95928-6723
      View Details
    • Value Estimation by Request
      0.13 Acres
      226 4th St
      SERVICE STATION WITH FOOD MART
      226 4th St, Chico, CA 95928-5315
      View Details
    • Value Estimation
      $295,000
      0.21 Acres
      1030 Broadway St
      SERVICE STATION WITH FOOD MART
      1030 Broadway St, Chico, CA 95928-6024
      View Details

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      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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