Financial
Distress signals
Property profile

2540 Esplanade Chico, CA 95973

FOR SALE
Retail space
Property ID
US10-2597692
24,806 SF 1.97 ac lot Built 1986
Last sale Nov 2023 · $4,542,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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

The property is a multi-tenant commercial retail center on three parcels located at 2540 Esplanade in Chico, California. It is arranged as a power-corner retail complex combining gas station and quick-service restaurant uses with additional retail and office space. The center includes a 4,988 sq. ft. storefront unit and is anchored by a leased convenience store operator (Arco AM/PM) on the front-and-corner parcel, with a quick-service restaurant (Jack in the Box) with drive-thru located next

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?
$34k
Tax billed · 2024
Assessed value$3.04M
Assessed land$1.00M
Assessed improvement$2.04M
Effective rate1.10%

Value estimate

· Sep 2026
$3.56M
$3.20M – $3.92M
AI approach$3.79M
CAP approach$4.72M
Sales comparison$3.01M
NOI build-up
Gross scheduled income$511k
Vacancy & credit loss−$29k
Operating expenses−$121k
NOI · 6.03% cap applied$362k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$153/SF
Submarket average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$87 – $264

Cap rate analysis

How does the asset earn?
6.03%
$362k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBUTTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.9
Parking Facility14.7
Bakery11.7

Location

2540 Esplanade Chico, CA 95973
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2545 Esplanade, Chico, CA 95973 $10,550,000 Jun 2024 7,680 SF
282 Convair, Chico, CA 95973-9017 $3,293,000 Sep 2023 22,320 SF
156 Eaton, Chico, CA 95973-0299 $3,700,000 Dec 2022 7,000 SF
2539 Esplanade, Chico, CA 95973-1163 $1,580,000 Apr 2022 6,933 SF
3415 Silverbell, Chico, CA 95973-0392 $1,500,000 Feb 2021 18,420 SF
13407 Garner, Chico, CA 95973-9365 $1,900,000 Feb 2020 22,426 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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