Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1977 Veatch St Oroville, CA 95965-4770

    • Apartment buildings
    • 3,600 SF
    • 0.11 lot acres
    OFF-MARKET
    Last Sale
    Sep 20, 2023
    $250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-3027748
    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

    • Apartment buildings

    Property Details for 1977 Veatch St

    Year built
    1923
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    3,600 SF
    Zone code
    R1
    Property type
    Apartment buildings
    APN
    012-201-010-000
    APU
    12201010000

    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
    Oroville
    County
    Butte
    State
    California
    Longitude
    -121.559
    Latitude
    39.5075
    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
    $5,112
    $80,413
    $187,453
    $267,866
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $8,720,000
      64,616 SF

      202 Table Mtn Blvd

      APARTMENT HOUSE (5+ UNITS) • 64,616 SF
      202 Table Mtn Blvd, Oroville, CA 95965-3555
      View Details
    • Value Estimation
      $5,565,000
      38,070 SF

      700 Mitchell Ave

      APARTMENT HOUSE (5+ UNITS) • 38,070 SF
      700 Mitchell Ave, Oroville, CA 95965-4572
      View Details
    • Value Estimation
      $625,000
      5,110 SF

      650 Bird St

      APARTMENT HOUSE (5+ UNITS) • 5,110 SF
      650 Bird St, Oroville, CA 95965-4561
      View Details
    • Value Estimation
      $7,415,000
      44,186 SF

      100 Jay Blue Dr

      APARTMENT HOUSE (5+ UNITS) • 44,186 SF
      100 Jay Blue Dr, Oroville, CA 95965-0097
      View Details
    • Value Estimation
      $11,120,000
      150,712 SF

      675 Mitchell Ave

      APARTMENT HOUSE (5+ UNITS) • 150,712 SF
      675 Mitchell Ave, Oroville, CA 95965-4571
      View Details
    • Value Estimation
      $675,000
      4,320 SF

      102 Mono Ave

      APARTMENT HOUSE (5+ UNITS) • 4,320 SF
      102 Mono Ave, Oroville, CA 95965-3332
      View Details

    Similar Nearby for Sale

    • $899,500
      6,909 SF

      Oroville Multifamily Investment Opportunity

      Nine-unit apartment complex in downtown Oroville, a great investment opportunity.
      836 Pomona Ave, Oroville, CA 95965
      View Details
    • $799,900

      Downtown Oroville Mixed-Use Property

      Prime Oroville investment: 4 units + retail
      1475 Pine St, Oroville, CA 95965
      View Details
    • $3,400,000
      22.81 Acres

      Oroville Multifamily Development

      174-Unit Apartment Project, 22 Acres
      55 Grand Ave, Oroville, CA 95965
      View Details
    • $525,000

      Downtown Oroville 4-Plex For Sale

      Four-unit multifamily property in downtown Oroville with remodeling.
      1656 Pine St, Oroville, CA 95965
      View Details
    • $59,950

      Oroville Mobile Home in All-Ages Park

      Two-bedroom, two-bathroom mobile home in a quiet, all-ages park.
      1668 Oro Dam Blvd W, Oroville, CA 95965
      View Details
    • $299,950

      Two Houses on Oversized Lot

      Two houses on a corner lot, ideal for investors.
      680 Robinson St, Oroville, CA 95965
      View Details

    Similar Nearby for Lease

    • $2,700 /Mo

      Downtown Oroville Office Space Available

      Office space in historic downtown Oroville with off-street parking.
      1655 Montgomery St, Oroville, CA 95965
      View Details
    • Contact for pricing

      Versatile Commercial Unit For Lease

      Adaptable 500 SF unit suitable for various business types.
      600 Bird St, Oroville, CA 95965
      View Details
    • $5 SF/Yr
      1,243 SF

      Retail Space in Oroville

      Newly built retail spaces available for lease in Oroville.
      2030 3Rd St, Oroville, CA 95965
      View Details
    • Contact for pricing

      Corner Parcel Ground Lease Opportunity

      0.93 acre corner parcel with high visibility for lease.
      95 Table Mountain Blvd, Oroville, CA 95965
      View Details
    • $3,000 /Mo

      Warehouse with Outdoor Space

      2,400 sq ft warehouse with 1,200 sq ft patio.
      1726 Montgomery St, Oroville, CA 95965
      View Details
    • $1,700 /Mo

      Warehouse/Office Space For Rent

      1,700 sq. ft. warehouse/office space for flexible business operations.
      1726 Montgomery St Suite, Oroville, CA 95965
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1977 Veatch St
    Oroville, CA 95965-4770
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.