1395 Ridgewood Dr Chico, CA 95973-7872
Property profile & analytics
1395 Ridgewood Dr Chico, CA 95973-7872
- Office buildings
- 20,312 SF
- 2.27 lot acres
Property ID
US09-3054390
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Labor Law Office, APC / Law Firm
- Cal Northern School of Law / College / Law School
- HBW Advisory Services / Financial Advisor
- Law Offices of Spencer M. Gysin, P.C. / Law Firm / Child Welfare Organization
- Internal Revenue Service (IRS) Taxpayer Assistance Center / Tax Department / Federal Government Office
Property Details for 1395 Ridgewood Dr
- Year built
- 1997
- Construction
- WOOD
- Lot size
- 2.27 lot acres
- Property size
- 20,312 SF
- Property type
- Office buildings
- APN
- 015-020-037-000
- APU
- 15020037000
Description
This exceptional 3,716-square-foot executive office suite is located at 1395 Ridgewood Drive #400 in Chico, California, within Butte County (zip code 95973). Situated on a 2.27-acre lot, this single-story, 1997-built building offers a unique opportunity for a variety of commercial or educational uses. Currently configured as a law library, the space is ready for immediate occupancy and can be easily adapted to suit diverse needs, including general office space, meeting areas, or tech-focused environments. The property boasts a highly professional tenant mix, including the California Northern School of Law, the Internal Revenue Service, and established law offices. The lease is a Net Lease (NNN), meaning the tenant will be responsible for a proportionate share of operating expenses in addition to base rent. This prestigious location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a sophisticated and functional workspace. The property is currently vacant and ready for immediate occupancy. The building's single-tenant configuration provides privacy and control. This is a rare opportunity to secure a substantial and well-located office space in a desirable Chico neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,820,000
- 6.5%
- $3,530,000
- 7%
- $3,275,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,516,000
- AI Estimate
- $1,674,000
Market price range: $1.66M - $4.49MMarket price range: $863k - $3.31M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,150,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,010,000 Change: +27% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $3,120,000 Change: -1% Conversion: Difficult
- RETAIL STORES
- $3,110,000 Change: -1% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.839
- Latitude
- 39.7746
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,254
$402,773
$2,413,905
$2,816,678
-
$0.00
$0.00
$0.00
