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Property profile & analytics
OFF-MARKET
Estimated value
$7,190,000
Commercial real estate
3124 Esplanade Chico, CA 95973-0203
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2493171
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Construction
STEEL FRAME
Total area
136,195 SF
Lot
12.9 ac (561,924 SF)
APN
006-200-021-000
UPID
US09-2493171
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
-
Almond Tree RV Park Campground & RV Park
-
Almond Tree Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.48M
Blend (final)
Blend
$7.19M
Owner & transaction history
Ss Reit California 1 LLC · 1 yrs held
Ss Reit California 1 LLC
since 2025
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
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
$6,435,000
ML approach
$7,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.19M
Range $6.47M – $7.91M · ±10% · vs last sale $7.03M (Jan 14 2025)
Last sale anchor
$7.03M
Jan 14 2025
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
$53 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$63,824
Tax year 2024
Assessed value
$5,489,460
Assessed 2024
Previous assessed
$5,489,460
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$925,023
Assessed improvement
$4,564,437
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Total area
136,195 SF
Lot
12.9 ac (561,924 SF)
APN
006-200-021-000
UPID
US09-2493171
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
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Lot
12.9 ac
Current owner
From public records · entity-resolved
Ss Reit California 1 LLC
Entity
Mailing address
2865 CACTUS AVE, CHICO, CA 95973-7610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Ss Reit California I LLC
—
Deed
related
$75,000,000 · Wells Fargo Bank NA
Jan 14, 2025
$7,033,000
Ss Reit California 1 LLC
The Don & Dottie Brown LLC
Grant Deed
—
Jun 23, 2021
—
The Don & Dottie Brown LLC
—
Deed
related
$7,000,000 · Merchants Bank Of Commerce
Nov 30, 2012
—
Brown Dorothy A Trust
Brown Donald R Trust
Quit Claim Deed
related
—
Feb 8, 2010
—
Mobilitie Investments II LLC
—
Deed Of Trust
related
$600,000,000 · General Electric Capital Corp
Feb 1, 2010
—
Donald R Brown
Brown,dorothy A
Affidavit Of Death
related
—
Dec 7, 2009
—
Brown Donald R Trust
Brown Donald R & Dorothy
Quit Claim Deed
related
—
Sep 3, 2004
—
Brown Donald R & D A Trust
Almond Tree R V Park & Mini
Grant Deed
related
—
Apr 19, 2001
—
Tree R V Park Almond
Almond Tree R V Park & Mini
Quit Claim Deed
related
—
Nov 20, 1998
—
Almond Tree Rv Park
—
Grant Deed
related
$2,015,000 · Us Bank
Jul 11, 1996
$78,000
Almond Tree Rv Park
Brown,dorothy A
Grant Deed
$750,000 · Owens Financial Group INC
May 24, 1995
—
Dorothy A Brown
Brown,donald R
Quit Claim Deed
related
—
May 24, 1995
$412,000
Brown,dorothy A
Merlo,a J
Trustees Deed
$200,000 · Individual
—
—
Tree R V Park Almond
—
Deed Of Trust
related
$325,000 · Us Bank NA
—
—
Tree R V Park Almond
—
Deed Of Trust
related
$400,000 · Us Bank NA
—
—
Brown Donald R Trust
—
Deed Of Trust
related
$3,850,000 · Community First Bank
—
—
Sba Monarch Towers I LLC
—
Deed Of Trust
related
—
—
—
Brown Donald R & D A Trust
—
Deed Of Trust
related
$4,200,000 · Scott Valley Bank
—
—
Tree R V Park Almond
—
Deed Of Trust
related
$400,000 · Owens Financial Group INC
—
—
Tree R V Park Almond
—
Deed Of Trust
related
$1,100,000 · Us Bank
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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