Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Office buildings
376 Vallombrosa Ave Chico, CA 95926-3900
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2594254
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
TILT-UP CONCRETE
Total area
6,128 SF
Lot
0.62 ac (27,007 SF)
Zoning code
OC
APN
003-210-007-000
UPID
US09-2594254
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
-
Mark Allen Physician
-
James Fields Physician
-
Patricia Stein Physician
-
SERGIO R RIFFEL Physician
-
Michael Bertain Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$963k
Blend (final)
Blend
$900k
Owner & transaction history
Mustafa Allami Md INC · 2 yrs held
Mustafa Allami Md INC
since 2024
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
OC · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+37.2%
Apartment house (5+ units)
$1.1M
+10.5%
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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,030,000
Current use
RETAIL STORES
$1,410,000
Change: +37% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,135,000
Change: +10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$940,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (May 30 2024)
Last sale anchor
$900k
May 30 2024
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
$147 / 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
$13,928
Tax year 2024
Assessed value
$1,257,688
Assessed 2024
Previous assessed
$1,257,688
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$546,820
Assessed improvement
$710,868
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Total area
6,128 SF
Lot
0.62 ac (27,007 SF)
Zoning code
OC
APN
003-210-007-000
UPID
US09-2594254
Jurisdiction
BUTTE
Zoning & alternative use
OC · Chico, CA
Zoning OC · permitted uses
OC · 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
OFFICE BUILDING Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$940,000
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1964
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Lot
0.62 ac
Current owner
From public records · entity-resolved
Mustafa Allami Md INC
Entity
Mailing address
901 COIT TOWER WAY, CHICO, CA 95928-9440
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
$900,000
Mustafa Allami Md INC
Bradley M Smith
Grant Deed
$675,000 · Golden Valley Bank
Feb 21, 2019
$1,150,000
Bradley M Smith
John M Growdon
Grant Deed
$862,500 · Golden Valley Bank
Apr 23, 2010
—
Mary E Growdon
Growdon,john B JR
Affidavit Of Death
related
—
Apr 20, 2000
—
Growdon Trust
Growdeon,mary E
Quit Claim Deed
related
—
Oct 15, 1997
—
Mary E Growdon
R A Harelson Estate
Grant Deed
related
—
Jan 1, 1988
—
—
—
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 376 Vallombrosa Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
