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    1625 Mangrove Ave Chico, CA 95926-2647

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    1625 Mangrove Ave Chico, CA 95926-2647


    • Gas stations
    • 4,000 SF
    • 0.49 lot acres
    Off-Market
    Last Sale Oct 10, 2023
    $875,000
    Property ID
    US09-0910211
    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.

    Value Estimations
    $910,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ATM (Eric's Car Wash) / Car Wash
    • Eric's Car Wash / Car Wash
    • Professional Detail / Car Wash

    Property Details for 1625 Mangrove Ave

    Year built
    1999
    Construction
    WOOD
    Lot size
    0.49 lot acres
    Property size
    4,000 SF
    Zone code
    C1
    Property type
    Gas stations
    APN
    003-413-029-000
    APU
    3413029000

    Description

    This exceptional 2,000-square-foot executive office space in Chico, CA, presents a unique investment opportunity. Located at 1625 Mangrove Ave, between 6th & 7th Ave, this single-tenant property boasts a prime location within a newly renovated gas station and car wash complex. The building, constructed in 1999 and extensively renovated in 2024, offers high visibility from Mangrove Avenue, situated next to established businesses like Cozy Dinner, O'Reilly's Auto Parts, and Pep Boys. This Class C building features one story and is situated on a single lot (APN: 003413029000) in Butte County. The entire 2,000 square feet is currently vacant and available for immediate occupancy. Tenant improvements may be available for qualified tenants. The modified gross lease structure simplifies occupancy costs, offering a predictable and convenient lease arrangement. This property's strategic location within a high-traffic area, coupled with the added draw of a new car wash and modern gas pumps, presents a significant opportunity for businesses seeking high visibility and consistent customer flow. The property is ideal for a variety of retail uses, capitalizing on the foot traffic generated by the gas station and car wash. This is a rare chance to secure a thriving location in a busy Chico commercial corridor.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,210,000
      ML approach
      $970,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,016,000
      Market price range: $256k - $1.03M
      AI Estimate
      $803,000
      Market price range: $240k - $804k
    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $630,000
      Current use
      COMMERCIAL (GENERAL)
      $1,120,000
      Change: +78% Conversion: Difficult
      RETAIL STORES
      $920,000
      Change: +46% Conversion: Difficult
      OFFICE BUILDING
      $670,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.842
    Latitude
    39.7468
    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
    $13,366
    $200,000
    $675,000
    $875,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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