Property profile

1516 State Hwy 99 Gridley, CA 95948

OFF-MARKET
Retail space
Property ID
US09-5264408
11,000 SF 0.97 ac lot Built 2005
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction WOOD FRAME
Total area 11,000 SF
Lot 0.97 ac (42,253 SF)
Zoning code C
APN 024-260-095-000
UPID US09-5264408

Cap rate & NOI

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

Location

1516 State Hwy 99 Gridley, CA 95948-3126
Gridley metro Census 3400 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
$1.84M
Blend (final) Blend
$1.76M

Owner & transaction history

since 2023
4 recorded transactions
2023
$1.6M
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Gridley, CA
Top alternative use upside
Apartment house (5+ units) $2.0M +48.0%
Industrial (general) $1.7M +24.4%
Office building $1.7M +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
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?”
You own 1516 State Hwy 99?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message