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Property profile & analytics
OFF-MARKET
Estimated value
$2,685,000
Office buildings
1611 Feather Riv Blvd, Oroville, CA 95965-4548
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-2976326
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
7,284 SF
Lot
0.46 ac (20,037 SF)
Zoning code
C2
APN
012-172-018-000
UPID
US10-2976326
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
-
Christopher Jorgenson, MSW Foster Care Service Social Service Agency
-
Anjali Kohli Physician
-
Karen Heustis, FNP-BC Physician
-
Comprehensive Pain & Spine Center Physician
-
Dr. Peter M. Russo, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.49M
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$2.69M
Owner & transaction history
Oroville Hospital · 2 yrs held
Oroville Hospital
since 2023
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
C2 · Oroville, 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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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
$2,285,000
ML approach
$2,490,000
CAP Approach
CAP Return
Estimation
6%
$3,560,000
6.5%
$3,285,000
7%
$3,050,000
Blend value · Realmo final
$2.69M
Range $2.42M – $2.95M · ±10% · vs last sale $2.91M (Jul 11 2023)
Last sale anchor
$2.91M
Jul 11 2023
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
$369 / 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
$2,514
Tax year 2024
Assessed value
$1,500,000
Assessed 2024
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
0.17%
On assessed value
Assessed land
$225,000
Assessed improvement
$1,275,000
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
20
Total area
7,284 SF
Lot
0.46 ac (20,037 SF)
Zoning code
C2
APN
012-172-018-000
UPID
US10-2976326
Jurisdiction
BUTTE
Zoning & alternative use
C2 · Oroville, CA
Zoning C2 · permitted uses
C2 · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
20
Lot
0.46 ac
Current owner
From public records · entity-resolved
Oroville Hospital
Individual
Mailing address
2767 OLIVE HWY, OROVILLE, CA 95966-6118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
$2,905,500
Oroville Hospital
Comprehensive Management INC
Grant Deed
—
Jul 10, 2023
$900,000
Comprehensive Management INC
Steven H Horn
Grant Deed
—
Nov 20, 2008
—
Horn Trust
Horn,steven H
Quit Claim Deed
related
—
Oct 30, 2008
—
Steven H Horn
Horn,lynda G
Quit Claim Deed
related
$980,000 · Butte Community Bank
Jun 16, 2005
—
Steven H Horn
Horn,steven H & Linda G
Quit Claim Deed
related
$892,500 · Interbay Funding LLC
Feb 5, 2004
$200,000
Steven H Horn
Community Chiropractic Health
Grant Deed
related
—
Jun 25, 2003
—
Steven H Horn
Horn,tr
Quit Claim Deed
related
—
Jun 25, 2003
$650,000
Community Chiropractic Health
Horn,steven H & Lynda G
Grant Deed
$450,000 · Butte Community Bank
May 8, 2003
—
Horn,tr
Horn,steven H
Quit Claim Deed
related
—
Aug 31, 2001
$360,000
Steven H Horn
Millett Trust
Grant Deed
—
Dec 9, 1993
—
Millett Trust
Millett,joseph F
Quit Claim Deed
related
—
Dec 6, 1993
—
Gilson Trust
Gilson,howison C
Quit Claim Deed
related
—
Nov 16, 1993
$28,500
Joseph F Millett
Dorwin,kent C
Grant Deed
—
Jan 1, 1981
$67,500
—
—
Grant Deed
related
—
—
—
Horn Trust
—
Deed Of Trust
related
$1,100,000 · Tri Counties Bank
—
—
Steven H Horn
—
Deed Of Trust
related
$126,000 · Oroville City (ca)
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.
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