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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Retail space
1960 20th St, Chico, CA 95928-7392
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3159400
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
WOOD
Total area
6,030 SF
Lot
0.15 ac (6,534 SF)
APN
002-450-013-000
UPID
US10-3159400
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
-
Chipotle Mexican Grill Restaurant
-
Chico's Clothing & Fashion Store
-
fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
-
Petco Dog Training Animal Training
-
See's Candies Specialty Food Shop Candy Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.05M
Owner & transaction history
Ke De 22030 · 2 yrs held
Ke De 22030
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+108.6%
Apartment house (5+ units)
$1.3M
+59.8%
Office building
$1.1M
+32.5%
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 Chico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chico 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,245,000
6.5%
$1,150,000
7%
$1,065,000
Alternative Use
Use
Estimation
RETAIL STORES
$810,000
Current use
COMMERCIAL (GENERAL)
$1,690,000
Change: +109% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,295,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$1,075,000
Change: +32% · Conversion: Easy
INDUSTRIAL (GENERAL)
$925,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10%
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
$173 / 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
$29,451
Tax year 2024
Assessed value
$2,668,492
Assessed 2024
Previous assessed
$2,668,492
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,006,152
Assessed improvement
$1,662,340
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
6,030 SF
Lot
0.15 ac (6,534 SF)
APN
002-450-013-000
UPID
US10-3159400
Jurisdiction
BUTTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$925,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
0.15 ac
Current owner
From public records · entity-resolved
Ke De 22030
Individual
Mailing address
1300 NATIONAL DR STE #100, SACRAMENTO, CA 95834-1981
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
—
Ecp Tpb1 LLC
—
Deed
related
$8,500,000 · Western Alliance Bank
Nov 14, 2023
—
Ke De 22030
Ecp Tpb1 LLC
Lease
—
Mar 6, 2020
—
Ecp Of Tpbi LLC
—
Deed
related
$23,176,600 · Western Alliance Bk
Feb 27, 2020
—
Ecp & Tpb1 LLC
—
Deed
related
$23,176,600 · Western Alliance Bk
Jun 24, 2019
—
Ecp Of Tpb1 LLC
—
Grant Deed
related
$2,100,000 · Western Alliance Bk
Aug 22, 2011
—
Chico Mall Investors LLC
—
Deed Of Trust
related
$39,000,000 · Wells Fargo Bank
Dec 30, 2003
—
Chico Mall LP
Chico Mall Partners LP
Quit Claim Deed
related
—
Dec 21, 2001
—
Chico Mall Partners LP
Equitable Life Assurance Socie
Grant Deed
$30,600,000 · Cdc Mortgage Capital INC
Aug 31, 1999
—
Equitable Life Assurance Socie
Chico Mall Asscoiates
Grant Deed
related
—
Jan 1, 1987
—
Chico Mall Associates
—
Grant Deed
related
—
—
—
Ecp & Tpb1 LLC
—
Deed Of Trust
related
$23,176,600 · Western Alliance Bk
—
—
Ecp Of Tpbi LLC
—
Deed Of Trust
related
$23,176,600 · Western Alliance Bk
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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