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Property profile & analytics
OFF-MARKET Estimated value $8,065,000
Manufacturing properties

2644 Hegan Ln Chico, CA 95928-9572

100,000 SF 6 ac lot Built 1990
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US09-1881775
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Construction TILT-UP CONCRETE
Total area 100,000 SF
Lot 6 ac (261,360 SF)
Zoning code ML
APN 039-620-001-000
UPID US09-1881775
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
  • Chico Local HVAC Masters HVAC Service General Contractor
  • The Bulk Cart Marketing & Advertising IT Consulting Firm
  • Acme Walnut Shelling Production Facility
  • IL Health & Beauty Natural Oils Co., Inc. Industrial Manufacturer Production Facility
  • American Standard Auto Insurance Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.15M
CAP Approach CAP
$9.45M
Comparable Approach Comparable
$9.01M
Blend (final) Blend
$8.07M
Owner & transaction history
Josef Investments LLC · 5 yrs held
Josef Investments LLC
since 2020
Last sale
$7.6M
7 recorded transactions
2023
Price N/A
2022
Price N/A
2020
$7.6M
2016
$4.2M
2015
Price N/A
2013
Price N/A
1996
Price N/A
Zoning & alternative use
ML · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 Facilit…

Zone name Light Manufacturing
General category MIXED_USE
Zone area 767.99 ac
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