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    1844 Esplanade Chico, CA 95926-2398
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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
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Big Al's Drive In / 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.


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    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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