2520 Cohasset Rd Chico, CA 95973
For Sale
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This exceptional 27,733-square-foot retail and auto shop property in Chico, CA, presents a unique investment opportunity. Situated on a 1.94-acre lot at the highly visible corner of Cohasset Road (18,648 average daily traffic) and East Avenue (21,420 average daily traffic), this property boasts easy access to Highway 99. Currently vacant, the building is ideally suited for automotive, RV, off-road, or watercraft dealerships, offering a nine-bay mechanic shop. The Community Commercial zoning allows for a diverse range of uses, including potential ground lease options for quick-service restaurants or other retail businesses. This turnkey property offers significant potential for growth in a thriving commercial district. The substantial lot size provides ample space for expansion or additional development. The property's prime location and versatile zoning make it an attractive investment for a variety of businesses seeking high visibility and accessibility in a busy Chico commercial area. The address is 2520 Cohasset Rd, Chico, CA 95973, in Butte County.
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Courtesy Buick GMC of Chico Car Dealership
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Courtesy Subaru of Chico Service Auto Repair Shop
Regional Commercial (CR) Regional Commercial (CR) (6 to 50 units per gross acre) Industrial Zoning Districts (3)(5) IOMU Industrial Office Mixed Use (IOMU) Industrial Office Mixed Use (IOMU) (14 to 35 units per gross acre) ML Light Manufacturing/Industrial Manufacturing and Warehousing (M&W) MG General Manufacturing/ Industrial Manufacturing and Warehousing…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR · Chico, CARegional Commercial (CR) Regional Commercial (CR) (6 to 50 units per gross acre) Industrial Zoning Districts (3)(5) IOMU Industrial Office Mixed Use (IOMU) Industrial Office Mixed Use (IOMU) (14 to 35 units per gross acre) ML Light Manufacturing/Industrial Manufacturing and Warehousing (M&W) MG General Manufacturing/ Industrial Manufacturing and Warehousing (M&W) Airport Zoning Districts A Aviation Public Facilities and Services (PFS) AC Airport Commercial Commercial Services (CS) AM Airport Manufacturing/Industrial Manufacturing and Warehousing (M&W) AP Airport Public Facilities Public Facilities and Services (PFS) Special Purpose Zoning Districts SPA Special Planning Area Varies according to General Plan land plan for each SPA, zoning districts shall be consistent with conceptual land use plan PQ Public/Quasi Public Facilities Public facilities and services (PFS) OS1 Primary Open Space Primary Open Space (POS) OS2 Secondary Open Space Secondary Open Space (SOS) Overlay Zoning Districts -AE Airport Environs Varies according to General Plan policies -AO Airport Overflight Varies according to General Plan policies -L Landmark All designations -PD Planned Development All designations -RC Resource Constraint Resource Constraint Overlay (RCO) -COS Corridor Opportunity Site Varies according to General Plan designation and primary zoning district -SD Special Design Considerations Varies according to Title 19 -FS Fraternity and Sorority Medium-High Density Residential -14.01 to 22 units per gross acre and High Density Residential -14.01 to 35 units per gross acre -FD Foothill Development Varies according to General Plan designation -VE Valley’s Edge All designations Notes: (1) A zoning district may implement and be consistent with more than one General Plan land use designation. (2) When located within a Corridor Opportunity Site, permitted residential uses have a maximum density of 70 dwelling units per gross acre. (3) If residential uses are incorporated horizontally, the minimum density shall be met, but if integrated vertically, there is no minimum density requirement. (4) When located Downtown or within a Corridor Opportunity Site, permitted residential uses have a maximum density of 60 dwelling units per gross acre. (5) There is no minimum density requirement for live/work units or caretaker housing. (Ord. 2427 §10, Ord. 2440 §22, Ord. 2494, §17; Ord. 2583, §4; Ord. 2600; Ord. 2610) Share Download Bookmark Print 19.40.020 Zoning district regulations. A. Purpose.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
