2760 Esplanade Chico, CA 95973-1116
Property profile & analytics
2760 Esplanade Chico, CA 95973-1116
- Retail space
- 14,312 SF
- 1.28 lot acres
Property ID
US09-2758266
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Great Harvest Bread Co / Take-out & Catering
- Edward Jones - Financial Advisor: Benito Abarca-Sanchez / Financial Advisor
- Allison Denney - CMG Home Loans / Loan Service / Bank
- Lynnette Baker | Homebridge | Mortgage Loan Originator / Loan Service / Bank
- Perspire Sauna Studio / Gym & Fitness Center / Spa & Massage Center
Property Details for 2760 Esplanade
- Year built
- 2009
- Construction
- WOOD
- Lot size
- 1.28 lot acres
- Property size
- 14,312 SF
- Zone code
- CC
- Property type
- Retail space
- APN
- 006-044-012-000
- APU
- 6044012000
Description
This exceptional 3,502 square foot retail space, built in 2009, is ideally situated within Lassen View Promenade, a thriving Chico neighborhood retail center. The single-tenant property boasts a prominent location alongside established businesses such as CVS, Domino's Pizza, and Great Harvest Bread, ensuring high visibility and foot traffic. The space is perfectly configured for a restaurant, featuring a spacious dining area with seating for up to 82 patrons, a separate bar area accommodating 28, and a substantial 1,050 square foot outdoor patio with additional seating for approximately 40. A fully equipped kitchen, office space, and ample storage are included. The property sits on a 1.28-acre lot and is a one-story building. The Butte County property (APN: 006044012000) is offered as a net lease (NNN), with an estimated cost of approximately $0.62 per square foot. Existing furniture, fixtures, and equipment (FF&E) may be available for purchase; details to be determined. This turnkey opportunity presents a unique chance to establish or expand a successful restaurant business in a high-demand location. The property's size, amenities, and prime location within a successful retail center make it an exceptional investment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,950,000
- 6.5%
- $2,725,000
- 7%
- $2,530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,347,000
- AI Estimate
- $1,743,000
Market price range: $1.25M - $3.78MMarket price range: $506k - $2.00M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,195,000 Current use
- COMMERCIAL (GENERAL)
- $4,015,000 Change: +83% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,825,000 Change: +29% Conversion: Difficult
- OFFICE BUILDING
- $2,220,000 Change: +1% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $2,200,000 Change: +0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.864
- Latitude
- 39.7604
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$37,357
$915,316
$2,467,761
$3,383,077
-
$0.00
$0.00
$0.00
