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Property profile & analytics
OFF-MARKET
Gas stations
1388 Longfellow Ave Chico, CA 95926-1550
Trust Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3245801
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1965
Construction
WOOD
Total area
4,353 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R1
APN
045-371-024-000
UPID
US09-3245801
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
-
Jim's Auto Repair Auto Repair Shop Insurance Agency
-
World Graphics (Bike/Boat/Book/etc) Store Printing Service
-
Asian Massage Alternative Medicine Practice Spa & Massage Center
-
Lifescapes A Landscape Co Landscaping General Contractor
-
Asian Relax Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chase Family 2010 Trust · 16 yrs held
Chase Family 2010 Trust
since 2010
7 recorded transactions
Zoning & alternative use
R1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$3,130
Tax year 2024
Assessed value
$281,339
Assessed 2024
Previous assessed
$281,339
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$113,874
Assessed improvement
$167,465
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Total area
4,353 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R1
APN
045-371-024-000
UPID
US09-3245801
Jurisdiction
BUTTE
Zoning & alternative use
R1 · Chico, CA
Zoning R1 · permitted uses
R1 · 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
1965
Construction
WOOD
Heating
NONE
Lot
0.81 ac
Current owner
From public records · entity-resolved
Chase Family 2010 Trust
Trust
Mailing address
2586 CACTUS AVE, CHICO, CA 95973-7607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Oct 29, 2018
—
Kenneth E Chase
—
Deed
related
$100,000 · Banner Bank
May 11, 2010
—
Chase Family 2010 Trust
Chase,kenneth E & Becky L
Quit Claim Deed
related
—
Mar 14, 2006
$500,000
Kenneth E Chase
Floral Arrangement INC
Grant Deed
$205,000 · Butte Community Bank
Dec 29, 2004
$500,000
Floral Arrangement INC
Goette Carl A Trust
Grant Deed
related
$500,000 · Goette Carl A Trust 006329
Sep 18, 2003
$456,000
Chase,tr
Chase,kenneth E & Becky L
Grant Deed
related
—
Nov 30, 2001
$456,000
Kenneth E Chase
Neighhood Church Of Chico Of M
Grant Deed
related
—
May 25, 2001
—
Neighborhood Church Of Chico
Hignell Trust
Grant Deed
related
—
Dec 21, 1987
$165,400
Hignell,fred & Hignell Eileen Family Trust
Hignell,fred W JR
Grant Deed
related
—
—
—
Floral Arrangement INC
—
Deed Of Trust
related
$400,000 · Umpqua Bank
—
—
Kenneth E Chase
—
Deed Of Trust
related
$150,000 · Butte Community 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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