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Property profile & analytics
FOR SALE
Retail space
1982 E 20Th St Chico, CA 95928
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3105228
For Sale
1 / 2
$8,941,000
1982 E 20Th St, Chico, CA 95928
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
TILT-UP CONCRETE
Total area
85,116 SF
Lot
2.22 ac (96,703 SF)
APN
002-450-010-000
UPID
US10-3105228
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
-
Sears Appliance Repair Hardware & Home Improvement HVAC Service
-
At Home Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.63M
Blend (final)
Blend
$6.42M
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
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.42M
Range $5.77M – $7.06M · ±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
$75 / 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
$29,024
Tax year 2024
Assessed value
$2,619,279
Assessed 2024
Previous assessed
$2,619,279
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,585,785
Assessed improvement
$1,033,494
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
For Sale
Year built
1988
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Total area
85,116 SF
Lot
2.22 ac (96,703 SF)
APN
002-450-010-000
UPID
US10-3105228
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
Building & site characteristics
From public records
Year built
1988
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Lot
2.22 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
11 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 Tpb1 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
Aug 31, 1999
—
Equitable Life Assurance Socie
Chico Mall Asscoiates
Grant Deed
related
—
Aug 3, 1988
—
Sears Roebuck & Co Lessee
—
Grant Deed
related
—
Jan 1, 1987
—
—
—
Grant Deed
related
—
—
—
Ecp & Tpb1 LLC
—
Deed Of Trust
related
$23,176,600 · Western Alliance Bk
—
—
Ecp Tpb1 LLC
—
Loan Modification
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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