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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Office buildings
254 Cohasset Rd Chico, CA 95926-2290
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1070769
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
WOOD
Total area
10,440 SF
Lot
0.82 ac (35,719 SF)
APN
006-250-023-000
UPID
US09-1070769
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
-
Edison Electricians of Chico Electrical Service General Contractor
-
HCS (Sacramento VAMC) (Chico OPC) Crisis Center Medical Clinic
-
Russell W. Cottrell, M.D. Physician
-
L Gretchen Wooding Inc Medical Clinic
-
Dr. Arthur Brinckerhoff Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$2.00M
Owner & transaction history
County Of Butte · 3 yrs held
County Of Butte
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+67.3%
Retail stores
$2.4M
+37.2%
Apartment house (5+ units)
$1.9M
+10.5%
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%
$1,965,000
6.5%
$1,815,000
7%
$1,685,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,750,000
Current use
COMMERCIAL (GENERAL)
$2,930,000
Change: +67% · Conversion: Easy
RETAIL STORES
$2,405,000
Change: +37% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,935,000
Change: +10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,605,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±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
$192 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$2,365,150
Assessed 2023
Previous assessed
$2,365,150
+0.0% YoY
Assessed land
$656,986
Assessed improvement
$1,708,164
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
1996
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,440 SF
Lot
0.82 ac (35,719 SF)
APN
006-250-023-000
UPID
US09-1070769
Jurisdiction
BUTTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1996
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
County Of Butte
Entity
Mailing address
2081 2ND ST, OROVILLE, CA 95965-3413
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
—
County Of Butte
West Cohasset Properties LLC
Grant Deed
—
Aug 4, 2020
—
West Cohasset Properties LLC
—
Deed
related
$927,000 · California Statewide Certified
Jun 4, 2020
—
West Cohasset Properties LLC
Joel I Barthelow
Quit Claim Deed
—
Sep 27, 2019
—
Anthony J Rudick
Annchi Chen
Quit Claim Deed
—
Sep 27, 2019
$2,250,000
Joel Isaac Barthelow
Krona Properties LLC
Grant Deed
$1,125,000 · Plumas Bank
Sep 12, 2013
$1,650,000
Krona Properties LLC
Cohasset Village LLC
Grant Deed
$1,000,000 · Rabobank
Oct 28, 1999
$1,541,500
Cohasser Village LLC
H R Van Triest B V
Grant Deed
—
—
—
West Cohasset Properties LLC
—
Deed Of Trust
related
$927,000 · California Statewide Certified
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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