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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Office buildings
500 Cohasset Rd Chico, CA 95926-2260
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3136840
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
WOOD
Total area
9,000 SF
Lot
2.57 ac (111,949 SF)
Zoning code
C1
APN
006-240-029-000
UPID
US09-3136840
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
-
Sarah Burke Physician
-
Julia Cruse Physician
-
Dr. David M. Spector, DDS Dental Office
-
Lindsey Cafferata Physician
-
Alliance for Workforce Development Business Service Center Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.76M
Owner & transaction history
T W Dufour · 23 yrs held
T W Dufour
since 2003
7 recorded transactions
Zoning & alternative use
C1 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+67.3%
Retail stores
$2.1M
+37.2%
Apartment house (5+ units)
$1.7M
+10.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,695,000
6.5%
$1,565,000
7%
$1,450,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,510,000
Current use
COMMERCIAL (GENERAL)
$2,525,000
Change: +67% · Conversion: Easy
RETAIL STORES
$2,070,000
Change: +37% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,670,000
Change: +10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,385,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10%
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
$196 / 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
$33,559
Tax year 2024
Assessed value
$3,023,971
Assessed 2024
Previous assessed
$3,023,971
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,287,616
Assessed improvement
$1,736,355
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
24
Total area
9,000 SF
Lot
2.57 ac (111,949 SF)
Zoning code
C1
APN
006-240-029-000
UPID
US09-3136840
Jurisdiction
BUTTE
Zoning & alternative use
C1 · Chico, CA
Zoning C1 · permitted uses
C1 · 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
OFFICE BUILDING Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1977
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
24
Lot
2.57 ac
Current owner
From public records · entity-resolved
T W Dufour
Individual
Mailing address
16 E WALNUT PARK DR STE #1, CHICO, CA 95928-8101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2003
—
T W Dufour
Dufour,tr
Quit Claim Deed
related
—
Oct 14, 2002
—
Dufour,tr
Dufour,ingrid
Quit Claim Deed
related
—
Aug 1, 1995
—
Thomas W Dufour
Dufour,thomas W & Ingrid A
Quit Claim Deed
related
—
Aug 1, 1995
$344,000
Dufour,thomas W & Ingrid A
Roth Trust
Trustees Deed
$3,100,000 · Bank Of America
May 10, 1989
—
—
—
Grant Deed
related
—
—
—
Thomas Dufour
—
Deed Of Trust
related
$860,832 · Matson & Isom Accountancy Corp
—
—
Tw Dufour & Associates
—
Deed Of Trust
related
$792,106 · Umpqua Bank
—
—
T W Dufour & Associates
—
Deed Of Trust
related
$810,000 · Umpqua Bank
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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