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Financial
Distress signals
Property profile

2010 Business Ln Chico, CA 95928

FOR SALE
Retail space
Property ID
US09-3090671
8,356 SF 2 ac lot Built 1994
Last sale Feb 2018 · $3,068,500
Trust Owned Owner of record is a trust. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional freestanding restaurant building, located at 2010 Business Ln in Chico, California, presents a unique investment opportunity. Boasting a substantial 8,356 square feet of space, the property is ideally suited for a variety of restaurant concepts. Its prime location offers unparalleled visibility from Highway 99, ensuring high traffic and excellent brand exposure. The building is situated in Butte County, within the vibrant city of Chico, California, zip code 95928. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$2.51M
Assessed land$985k
Assessed improvement$1.52M
Effective rate1.11%

Value estimate

· Oct 2026
$1.45M
$1.31M – $1.60M
CAP approach$1.59M
Submarket $/SF estimate$1.76M
NOI build-up
Gross scheduled income$156k
Vacancy & credit loss−$9k
Operating expenses−$37k
NOI · 3.36% cap applied$111k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$78 – $211

Cap rate analysis

How does the asset earn?
3.36%
$111k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CR
Regional Commercial (CR) Regional Commercial (CR) (6 to 50 units per gross acre) Industrial Zoning Districts (3)(5) IOMU Industrial Offic...
General categoryMIXED_USE
JurisdictionBUTTE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.4
Electrical Service12.8
Storage Facility12.7

Location

2010 Business Ln Chico, CA 95928
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1300 Park, Chico, CA 95928-6103 $3,050,000 Mar 2025 8,385 SF
1555 Springfield, Chico, CA 95928-6398 $3,377,000 Feb 2024 7,560 SF
1535 Springfield, Chico, CA 95928-6398 $3,377,000 Feb 2024 6,016 SF
325 Broadway, Chico, CA 95928-5321 $1,850,000 Sep 2023 10,323 SF
101 Salem, Chico, CA 95928-5333 $1,200,000 Sep 2023 10,454 SF
1405 Park, Chico, CA 95928-6104 $599,000 Jan 2023 7,973 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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