2010 Business Ln Chico, CA 95928
Property profile & analytics
2010 Business Ln Chico, CA 95928
- Retail space
- 8,356 SF
- 2.00 lot acres
Property ID
US09-3090671
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 2010 Business Ln
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 2.00 lot acres
- Property size
- 8,356 SF
- Zone code
- CR
- Property type
- Retail space
- APN
- 002-420-025-000
- APU
- 2420025000
Description
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 single-tenant occupancy provides a straightforward investment structure with clear operational control. This retail property is categorized as a restaurant and offers a significant footprint for a successful culinary venture. The property's geographic coordinates are 39.7262474 latitude and -121.8066538 longitude. This is a rare chance to acquire a well-positioned, substantial restaurant building in a thriving California market. The building's size and highway visibility make it an attractive proposition for established restaurant chains or ambitious independent operators seeking a strong foothold in the Chico area. The property's single-tenant status simplifies management and minimizes complexities associated with multi-tenant properties. Serious inquiries are encouraged to explore this exceptional opportunity further. This is a retail property in Butte County, California.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,725,000
- 6.5%
- $1,590,000
- 7%
- $1,475,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,760,000
- AI Estimate
- $1,000,000
Market price range: $651k - $1.76MMarket price range: $235k - $1.00M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,125,000 Current use
- COMMERCIAL (GENERAL)
- $2,345,000 Change: +109% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,795,000 Change: +60% Conversion: Difficult
- OFFICE BUILDING
- $1,490,000 Change: +32% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,285,000 Change: +14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.807
- Latitude
- 39.7262
- 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
$27,923
$985,000
$1,524,150
$2,509,150
-
$0.00
$0.00
$0.00
