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Property profile & analytics
OFF-MARKET
Estimated value
$4,695,000
Manufacturing properties
2860 Fair St Chico, CA 95928-8804
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-2500336
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
STEEL FRAME
Total area
53,000 SF
Lot
10 ac (435,600 SF)
Zoning code
ML
APN
040-310-071-000
UPID
US09-2500336
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
-
AMain Sports & Hobbies Distribution Center (Bike/Boat/Book/etc) Store
-
AMain Hobbies Chico Store (Bike/Boat/Book/etc) Store
-
Nashbar Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Performance Bicycle Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.96M
CAP Approach
CAP
$5.01M
Comparable Approach
Comparable
$4.63M
Blend (final)
Blend
$4.70M
Owner & transaction history
Amain Com INC · 3 yrs held
Amain Com INC
since 2023
Last sale
$4.3M
3 recorded transactions
Zoning & alternative use
ML · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,085,000
ML approach
$4,960,000
CAP Approach
CAP Return
Estimation
6%
$5,425,000
6.5%
$5,010,000
7%
$4,650,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,130,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$4.70M
Range $4.23M – $5.16M · ±10% · vs last sale $4.25M (Mar 16 2023)
Last sale anchor
$4.25M
Mar 16 2023
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
$89 / 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
Tax billed
$47,150
Tax year 2023
Assessed value
$4,139,610
Assessed 2023
Previous assessed
$4,139,610
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$3,099,210
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
6
Total area
53,000 SF
Lot
10 ac (435,600 SF)
Zoning code
ML
APN
040-310-071-000
UPID
US09-2500336
Jurisdiction
BUTTE
Zoning & alternative use
ML · Chico, CA
Zoning ML · permitted uses
ML · Chico, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$7.1M
RETAIL STORES
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
1990
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
6
Lot
10 ac
Current owner
From public records · entity-resolved
Amain Com INC
Entity
Free & Clear · 3 yrs held
Mailing address
2860 FAIR ST, CHICO, CA 95928-8804
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2023
—
Amain Com INC
Amain Com INC
Intrafamily Transfer
related
—
Jan 29, 2021
$4,250,000
Amain Com INC
Shutterfly LLC
Grant Deed
—
Mar 3, 2020
—
Shutterfly LLC
Shutterfly Lifetouch LLC
Quit Claim Deed
related
—
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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