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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
480 Rio Lindo Ave Chico, CA 95926-1815
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3361791
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1979
Construction
WOOD
Total area
19,590 SF
Lot
0.75 ac (32,670 SF)
Zoning code
OC
APN
006-250-009-000
UPID
US09-3361791
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Balbutin,janet A Trust Pt · 8 yrs held
Balbutin,janet A Trust Pt
since 2017
7 recorded transactions
Zoning & alternative use
OC · Chico, CA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,992
Tax year 2024
Assessed value
$450,676
Assessed 2024
Previous assessed
$450,676
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$330,498
Assessed improvement
$120,178
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
19,590 SF
Lot
0.75 ac (32,670 SF)
Zoning code
OC
APN
006-250-009-000
UPID
US09-3361791
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.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Balbutin,janet A Trust Pt
Trust
Mailing address
1629 MANZANITA AVE, CHICO, CA 95926-1620
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2017
—
Balbutin,janet A Trust Pt
Balbutin,janet
Quit Claim Deed
related
—
Jan 31, 2014
$250,000
Janet Balbutin
Sterling Svgs Bk
Grant Deed
—
May 16, 2011
$615,000
Borrego Springs Bank NA
Assured Lender Svcs INC
Trustees Deed
related
—
Apr 28, 2000
—
Scott Schofield
Tri Counties Bank
Quit Claim Deed
related
—
Jan 1, 1984
—
—
—
Grant Deed
related
—
—
—
Scott Schofield
—
Deed Of Trust
related
$800,000 · Eastman R J Family Trust
—
—
Scott Schofield
—
Deed Of Trust
related
$958,000 · Borrego Springs Bank
—
—
Scott Schofield
—
Deed Of Trust
related
$1,000,000 · Zions First National Bank
—
—
Scott Schofield
—
Deed Of Trust
related
$13,000 · Joe Anderson
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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