Financial
Distress signals
Property profile

2477 Forest Ave 150 Chico, CA 95928

FOR LEASE
Retail space
Property ID
US09-3270390
13,780 SF 1.18 ac lot Built 2008
Last sale Dec 2002 · $476,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,426 square foot Class A office suite, located at 2477 Forest Ave, Suite #160, Chico, CA 95928, presents a unique investment opportunity. Situated on a 1.18-acre lot at the corner of Forest and Notre Dame Avenues, this single-tenant space boasts a desirable location near high-end retailers. Built in 2008, the property features upgraded flooring, a spacious front retail area, a convenient back storage room, a private office for focused work, a kitchenette for employee

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$2.75M
Assessed land$900k
Assessed improvement$1.85M
Effective rate1.11%

Value estimate

· Sep 2026
$1.66M
$1.49M – $1.82M
Sales comparison$1.27M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 915.34% cap applied$25k

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?
915.34%
$25k 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?
CC
CC Community Commercial Commercial Mixed Use (CMU) (6 to 22 units per gross acre) DN DS Downtown North Downtown South Commercial Mixed Us...
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 Service9.0
Laundry Service8.8
Barber Shop8.7

Location

2477 Forest Ave, Unit 150 Chico, CA 95928
County assessor Recorded deeds · 8 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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