Technical
Financial
Distress signals
Property profile

40 Philadelphia Dr Chico, CA 95973

OFF-MARKET
Office buildings
Property ID
US10-2353874
7,462 SF 0.47 ac lot Built 1989
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction WOOD
Total area 7,462 SF
Lot 0.47 ac (20,473 SF)
Zoning code OC
APN 006-210-057-000
UPID US10-2353874

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Financial Advisor
  • Agricultural Service
  • Advertising Agency Marketing & Advertising
  • Insurance Agency

Location

40 Philadelphia Dr Chico, CA 95973-5000
Chico metro Census 300 CHICO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
by Request
Comparable Approach Comparable
$768k
Blend (final) Blend
$845k

Owner & transaction history

since 2024
Last sale
$845,500
6 recorded transactions
2024
$845,500
2008
$800,000
2003
$610,000
1998
Price N/A
1998
$619,500
1969
Price N/A

Zoning & alternative use

OC · Chico, CA
Zoning description

OC Office Commercial Office Mixed Use (OMU) (6 to 20 units per gross acre) CN Neighborhood Commercial Neighborhood Commercial (NC) (6 to 22 units per gross acre) CC Community Commercial Commercial Mixed Use (CMU) (6 to 2…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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