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Property profile & analytics
FOR SALE
Warehouses
200 Ryan Ave Chico, CA 95973
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3019512
For Sale
1 / 15
$965,000
200 Ryan Ave, Chico, CA 95973
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
STEEL FRAME
Total area
8,244 SF
Lot
0.73 ac (31,798 SF)
APN
047-560-080-000
UPID
US09-3019512
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
-
Mabrey Products Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.01M
Owner & transaction history
Mabrey,tr · 23 yrs held
Mabrey,tr
since 2003
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.6M
+72.6%
Office building
$1.3M
+35.6%
Industrial (general)
$1.3M
+34.4%
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%
$960,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$945,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,625,000
Change: +73% · Conversion: Difficult
OFFICE BUILDING
$1,280,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,265,000
Change: +34% · Conversion: Easy
RETAIL STORES
$1,265,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$122 / 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
$6,069
Tax year 2024
Assessed value
$550,000
Assessed 2024
Previous assessed
$550,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$160,000
Assessed improvement
$390,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
8,244 SF
Lot
0.73 ac (31,798 SF)
APN
047-560-080-000
UPID
US09-3019512
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
WAREHOUSE, STORAGE Current
Est. value
$945,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1985
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Mabrey,tr
Individual
Mailing address
980 MYRTLE AVE, CHICO, CA 95926-1328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
—
Mabrey 1998 Family Living Trust
—
Deed
related
$355,000 · Tri Counties Bank
Jul 16, 2003
$460,000
Mabrey,tr
Vietti,robert C & Catherine L
Grant Deed
$423,000 · Bank Of The West
Jun 30, 2000
$299,000
Robert C Vietti
Diduca Investment Reserve LLC
Grant Deed
$226,750 · Butte Community Bank
May 12, 1997
$300,000
Di Duca Investments Reserve
Gaines Trust
Trustees Deed
$270,000 · Butte Community Bank
May 12, 1997
—
William S Gaines
Transfer Flow INC
Quit Claim Deed
related
—
Jul 21, 1994
—
Gaines Trust
Gaines,william S
Quit Claim Deed
related
—
Sep 10, 1993
—
William S Gaines
—
Grant Deed
related
$988,300 · Truckee River Bank
—
—
Mabrey 1998 Family Living Trust
—
Deed Of Trust
related
$355,000 · Tri Counties Bank
—
—
Mabrey Family 1998 Trust
—
Deed Of Trust
related
$450,000 · Placer Sierra Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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