Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Warehouses
2288 Park Ave Chico, CA 95928-6705
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3238286
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
STEEL FRAME
Total area
5,400 SF
Lot
0.95 ac (41,382 SF)
Zoning code
M2
APN
039-430-063-000
UPID
US09-3238286
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
-
Accurate Plumbing Plumbing Service General Contractor
-
CAPO Building Specialties Hardware & Home Improvement
-
Capo Fireside showroom/A-1 Stoves & Fireplaces General Contractor Renovation Specialist
-
Zeppelin Works Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$860k
Blend (final)
Blend
$955k
Owner & transaction history
Ep Via De Anza LLC · 5 yrs held
Ep Via De Anza LLC
since 2020
Last sale
$990,000
5 recorded transactions
Zoning & alternative use
M2 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+170.3%
Apartment house (5+ units)
$1.2M
+107.1%
Office building
$960,000
+71.7%
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
$1,305,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,515,000
Change: +170% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,160,000
Change: +107% · Conversion: Difficult
OFFICE BUILDING
$960,000
Change: +72% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$830,000
Change: +48% · Conversion: Easy
RETAIL STORES
$725,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $990k (Dec 14 2020)
Last sale anchor
$990k
Dec 14 2020
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
$177 / 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
$11,622
Tax year 2024
Assessed value
$1,050,595
Assessed 2024
Previous assessed
$1,050,595
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$344,892
Assessed improvement
$705,703
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
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
5,400 SF
Lot
0.95 ac (41,382 SF)
Zoning code
M2
APN
039-430-063-000
UPID
US09-3238286
Jurisdiction
BUTTE
Zoning & alternative use
M2 · Chico, CA
Zoning M2 · permitted uses
M2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$960,000
INDUSTRIAL (GENERAL)
Est. value
$830,000
RETAIL STORES
Est. value
$725,000
COMMERCIAL (GENERAL)
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
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Ep Via De Anza LLC
Entity
Free & Clear · 5 yrs held
Mailing address
26401 VIA DE ANZA, SAN JUAN CAPISTRANO, CA 92675-4726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
$909
Ep Via De Anza LLC
Robert Aranguren
Grant Deed
—
Apr 2, 2015
—
Aranguren,robert & C Trust
Aranguren Robert J & Christina M
Quit Claim Deed
related
—
Aug 19, 1992
—
Robert J Aranguren
Aranguren,robert
Quit Claim Deed
related
—
Jul 31, 1987
$55,000
Robert J Aranguren
Luke,harvey
Grant Deed
$40,000
Jan 1, 1981
—
—
—
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.
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?”
You own 2288 Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
