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Property profile & analytics

1844 Esplanade Chico, CA 95926-2398

  • Retail space
  • 1,200 SF
  • 0.26 lot acres
OFF-MARKET
Last Sale
Dec 11, 2024
$575,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-2785400
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.

Current Use by Public Records

  • Big Al's Drive In / Hamburger Restaurant / Fast Food Restaurant

Property Details for 1844 Esplanade

Year built
1966
Construction
WOOD
Lot size
0.26 lot acres
Property size
1,200 SF
Zone code
C1
Property type
Retail space
APN
003-391-020-000
APU
3391020000

Description

This exceptional investment opportunity presents a 1,200 square foot restaurant building situated on a 0.26-acre lot at 1844 Esplanade in Chico, CA 95926. Currently occupied by the established Big Al's Drive-In under a long-term NNN lease, this property offers a stable income stream with minimal landlord responsibilities. The building features a recently installed roof, a detached storage room, and a walk-in freezer. Its prime corner location, directly across from a Starbucks, ensures high visibility and accessibility along Chico's Esplanade corridor. This bustling area boasts a diverse mix of retail shops, restaurants, and professional services, attracting significant foot, bike, and vehicle traffic. The property's strategic location offers convenient access to Highway 99, Enloe Medical Center, downtown Chico, and Bidwell Park, maximizing its appeal to both locals and visitors. This turnkey investment is priced at $575,000 and represents a rare chance to acquire a thriving commercial property in a high-demand Chico location. The single-unit building provides a straightforward ownership experience with a proven tenant in place.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Chico
County
Butte
State
California
Longitude
-121.851
Latitude
39.7462
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
$1,482
$39,951
$93,238
$133,189
-
$0.00
$0.00
$0.00
More about this property
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