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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Apartment buildings
494 5th St 1 Chico, CA 95928-5484
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US09-2235446
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1910
Construction
WOOD
Total area
2,103 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CITY
APN
004-176-005-000
UPID
US09-2235446
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
$580k
CAP Approach
CAP
$375k
Comparable Approach
Comparable
$638k
Blend (final)
Blend
$515k
Owner & transaction history
Campos Properties Limited Partnersh · 1 yrs held
Campos Properties Limited Partnersh
since 2024
Last sale
$471,000
7 recorded transactions
Zoning & alternative use
CITY · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$590,000
+30.6%
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
$565,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$405,000
6.5%
$375,000
7%
$345,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$450,000
Current use
COMMERCIAL (GENERAL)
$590,000
Change: +31% · Conversion: Moderate
OFFICE BUILDING
$375,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $471k (Jul 7 2023)
Last sale anchor
$471k
Jul 7 2023
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
$245 / 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
$11,275
Tax year 2024
Assessed value
$1,019,900
Assessed 2024
Previous assessed
$1,019,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$204,000
Assessed improvement
$815,900
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
5
Bathrooms
3
Total area
2,103 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CITY
APN
004-176-005-000
UPID
US09-2235446
Jurisdiction
BUTTE
Zoning & alternative use
CITY · Chico, CA
Zoning CITY · permitted uses
CITY · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$590,000
OFFICE BUILDING
Est. value
$375,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1910
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
5
Bathrooms
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
Campos Properties Limited Partnersh
Entity
Mailing address
242 BROADWAY ST STE #12, CHICO, CA 95928-5352
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
$1,180,000
Campos Properties Limited Partnersh
Rjv Holdings LLC
Grant Deed
$500,000 · Rvj Holdings LLC
Dec 12, 2024
—
Rvj Holdings LLC
Sierra Cascade Group INC
Deed
related
—
Jul 7, 2023
—
Rjv Holdings LLC
Rjv Holdings LLC
Intrafamily Transfer
related
—
May 17, 2023
$471,000
Rvj Holdings LLC
Sierra Cascade Group INC
Grant Deed
$706,725 · Five Star Bank
Jul 7, 2022
$238,500
Rjy Holdings LLC
Vaught INC
Grant Deed
$715,000 · Five Star Bank
Jul 28, 2021
$575,000
Sierra Cascade Group INC
Ronald L Moore
Grant Deed
$425,000 · Ari Gagne Etux
Dec 9, 2002
—
Moore,tr
Moore,r
Quit Claim 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.
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