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Property profile & analytics
OFF-MARKET
Retail space
2279 Nord Ave Chico, CA 95926-3035
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1747805
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
WOOD
Total area
1,280 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R1
APN
042-810-010-000
UPID
US09-1747805
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Parsons Annex LLC · 1 yrs held
Parsons Annex LLC
since 2024
Last sale
$155,000
7 recorded transactions
Zoning & alternative use
R1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,721
Tax year 2024
Assessed value
$169,510
Assessed 2024
Previous assessed
$169,510
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$87,489
Assessed improvement
$82,021
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
Off-Market
Year built
1964
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,280 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R1
APN
042-810-010-000
UPID
US09-1747805
Jurisdiction
BUTTE
Zoning & alternative use
R1 · Chico, CA
Zoning R1 · permitted uses
R1 · 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
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Parsons Annex LLC
Entity
Mailing address
4171 RIO BRAVO DR, CHICO, CA 95973-9452
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
—
Parsons Annex LLC
Byron W Parsons
Intrafamily Transfer
related
—
Feb 21, 2019
$155,000
Parsons Family 2010 Trust
Marcon INC
Grant Deed
—
Sep 7, 2006
—
Marcon INC
—
Deed Of Trust
related
$2,205,728 · Butte Community Bank
Mar 24, 2006
$952,500
Marcon INC
Marshall,m D & Carol A
Grant Deed
$1,905,000 · Butte Community Bank
Jul 31, 2003
$585,000
Marshall M D
Ullrich,tr
Grant Deed
$438,750 · Butte Community Bank
May 8, 1992
—
White Family Trust A
White Family Tru
Quit Claim Deed
related
—
Apr 16, 1992
—
White Family Trust
White,robert E &
Quit Claim Deed
related
—
—
—
Marcon INC
—
Loan Modification, Consolidation And Extension
related
$450,000 · Rabobank
—
—
Marcon INC
—
Deed Of Trust
related
$187,500 · Butte Community Bank
—
—
Marcon INC
—
Deed Of Trust
related
$5,435,750 · Rabobank
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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