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Property profile & analytics
OFF-MARKET Estimated value $17,810,000
Apartment buildings

4070 Nord Hwy Chico, CA 95973-9669

190,996 SF 7.94 ac lot Built 2017
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-4931234
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2017
Construction WOOD
Total area 190,996 SF
Lot 7.94 ac (345,866 SF)
Zoning code R3
APN 006-170-033-000
UPID US09-4931234
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
  • FOX Corporate Housing Travel Agency Vacation Rental
  • PorchDropsUS Marketing & Advertising IT Consulting Firm
  • Alexander Pendleton Software LLC (Bike/Boat/Book/etc) Store Corporate Office
  • The Crossings Apartment Complex
  • Wanda's Sweet Treats Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$23.26M
Blend (final) Blend
$17.81M
Owner & transaction history
City Of Chico · 9 yrs held
City Of Chico
since 2017
5 recorded transactions
2017
Price N/A
2016
Price N/A
2014
Price N/A
2009
Price N/A
2006
Price N/A
Zoning & alternative use
R3 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R3 Medium-High Density Residential Medium-High Density Residential (MHDR) - 14.1 to 22 units per gross acre R4 High Density Residential High Density Residential (HDR) - 20 to 70 units per gross acre RMU Residential Mixed Use (RMU) Residential Mixed Use (RMU) (10 to 20 units per gross acre) Commercial and Office Zoning Districts (3)(4) OR Office Residential O…

Zone name Medium High Density Residential
General category RESIDENTIAL
Zone area 764.04 ac
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