Financial
Distress signals
Property profile

435 Otterson Dr Chico, CA 95928

FOR LEASE
Manufacturing properties
Property ID
US09-2007712
49,352 SF 5.86 ac lot Built 2000
Last sale Jun 2025 · $3,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, situated in Chico, CA's premier planned industrial park, presents a unique investment opportunity. Built in 2000, the 49,352 square foot facility sits on a 5.86-acre lot and offers a versatile layout ideal for various manufacturing or industrial uses. The building boasts approximately 8,300 square feet of improved headquarters/front office space and an additional 8,300 square feet of semi-improved mezzanine space, perfect for expansion. The remaining

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$53k
Tax billed · 2024
Assessed value$4.78M
Assessed land$1.28M
Assessed improvement$3.50M
Effective rate1.12%

Value estimate

· Sep 2026
$4.45M
$4.01M – $4.90M
CAP approach$4.67M
Submarket $/SF estimate$5.34M
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$14k
Operating expenses−$39k
NOI · 877.70% cap applied$91k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$33 – $302

Cap rate analysis

How does the asset earn?
877.70%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBUTTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Law Firm12.6
Parking Facility11.0

Location

435 Otterson Dr Chico, CA 95928
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
388 Orange, Chico, CA 95928-5091 $2,300,000 Jun 2024 6,682 SF
2860 Fair, Chico, CA 95928-8804 $4,250,000 Mar 2023 53,000 SF
39 Speedway, Chico, CA 95928 $28,770,000 Feb 2023 3,360 SF
247 Meyers, Chico, CA 95928-7107 $725,000 Sep 2022 3,750 SF
2644 Hegan, Chico, CA 95928-9572 $7,600,000 Sep 2020 100,000 SF
757 Miller, Chico, CA 95928-6921 $5,172,500 Aug 2020 22,531 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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