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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Office buildings
2267 Esplanade Chico, CA 95926-2246
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2654243
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
TILT-UP CONCRETE
Total area
23,900 SF
Lot
2 ac (87,120 SF)
Zoning code
C2
APN
006-120-075-000
UPID
US09-2654243
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
-
Budget Car Rental Car Rental Facility
-
Concours Elite Collision Center Auto Repair Shop
-
Avis Car Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$2.14M
Owner & transaction history
Chico Auto Center LLC · 1 yrs held
Chico Auto Center LLC
since 2024
7 recorded transactions
Zoning & alternative use
C2 · Chico, CA
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
$2.14M
Range $1.93M – $2.35M · ±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
$90 / 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
$19,616
Tax year 2024
Assessed value
$1,773,356
Assessed 2024
Previous assessed
$1,773,356
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$616,001
Assessed improvement
$1,157,355
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
23,900 SF
Lot
2 ac (87,120 SF)
Zoning code
C2
APN
006-120-075-000
UPID
US09-2654243
Jurisdiction
BUTTE
Zoning & alternative use
C2 · Chico, CA
Zoning C2 · permitted uses
C2 · Chico, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chico. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
2 ac
Current owner
From public records · entity-resolved
Chico Auto Center LLC
Entity
Free & Clear · 1 yrs held
Mailing address
24 SHARI LN, CHICO, CA 95928-6350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
—
Chico Auto Center LLC
Guy R Monlux
Grant Deed
—
Jan 11, 2018
—
Anne M Monlux
Davis,wallace A
Affidavit Of Death
related
—
Jan 11, 2018
$1,460,000
Monlux,guy R & Anne M Trust
Davis Family Trust 2009
Grant Deed
related
—
Jul 11, 2013
—
Davis 2009 Family Trust
Davis 2009 Family Trust
Quit Claim Deed
related
—
Oct 19, 2012
—
Davis Wallace A Tr
Davis,margaret B
Affidavit Of Death
related
—
Sep 17, 2009
—
Davis Family 2009 Trust
Davis,wallace A & Margaret B
Quit Claim Deed
related
—
Jan 1, 1977
—
Miller,royal JR|davis,margaret B
—
Grant Deed
related
—
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.
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