Property profile

1487 State Hwy 99 Gridley, CA 95948

OFF-MARKET
Retail space
Property ID
US09-3847395
3,905 SF 0.48 ac lot Built 2013
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Construction WOOD
Total area 3,905 SF
Lot 0.48 ac (20,908 SF)
Zoning code C-2
APN 010-200-054-000
UPID US09-3847395

Cap rate & NOI

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

Location

1487 State Hwy 99 Gridley, CA 95948-9805
Gridley metro Census 3502 CHICO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$809k
Blend (final) Blend
$710k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2012
$310,000

Zoning & alternative use

C-2 · Gridley, CA
Zoning description

The purpose of the C-2 General Commercial District is to preserve commercial districts to serve the community needs for durable goods, automotive and repair services, and other retail and wholesale commercial uses

General category COMMERCIAL
Top alternative use upside
Office building $590,000 +22.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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