Back to Search
Property profile & analytics
FOR LEASE
Retail space
1380 East Ave Chico, CA 95926
Entity Owned
~
Est. High Equity
Property ID
US09-5713806
For Lease
1 / 4
$2,100/Mo
1380 East Ave, Chico, CA 95926
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
WOOD
Total area
11,223 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CC
APN
016-060-072-000
UPID
US09-5713806
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
-
Concrete Preservation Institute Association / Organization
-
Gelayo Cafe & Coffee Shop Take-out & Catering
-
JT's Oven - Pizza, Wings, Subs Restaurant
-
3rd Generation Cleaners (Bike/Boat/Book/etc) Store
-
Wireless Wizard Solutions Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$1.31M
Owner & transaction history
Antlion Properties LLC
Antlion Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
CC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,080,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10%
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
$116 / 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
$16,462
Tax year 2024
Assessed value
$1,488,123
Assessed 2024
Previous assessed
$1,488,123
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$655,103
Assessed improvement
$833,020
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
For Lease
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
11,223 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CC
APN
016-060-072-000
UPID
US09-5713806
Jurisdiction
BUTTE
Zoning & alternative use
CC · Chico, CA
Zoning CC · permitted uses
CC · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
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
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
Antlion Properties LLC
Entity
Mailing address
PO BOX 374, WILLIAMS, CA 95987-0374
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
$890,000
Antlion Properties LLC
Sarabjeet Singh
Grant Deed
—
Jul 24, 2017
$630,000
Sierra Ctrl Cu
Logic Properties LLC
Grant Deed
related
—
Nov 14, 2012
—
Logic Properties LLC
Nckr LLC
Grant Deed
$500,000 · Speckert Bruce 1993 Tr (pt)
Apr 3, 2012
$1,100,001
Nckr LLC
Fidelity Natl Title Co
Trustees Deed
related
—
Sep 28, 2007
—
Best,scott R
Best,teresa
Quit Claim Deed
$2,650,000 · Washington Mutual Bank
Jun 3, 2005
$925,590
Carl E Best
Thrifty Payless INC
Grant Deed
$2,100,000 · River City Bank
—
—
Johnson Family Trust
—
Loan Modification
related
$170,000 · River Cty Bk
—
—
Logic Properties LLC
—
Deed Of Trust
related
$500,000 · Bank Of Feather River
—
—
Logic Properties LLC
—
Deed Of Trust
related
$100,000 · Tri Counties Bank
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
