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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
60 Independence Cir Chico, CA 95973-4921
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2966738
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
WOOD
Total area
6,454 SF
Lot
0.52 ac (22,651 SF)
Zoning code
OC
APN
006-210-088-000
UPID
US10-2966738
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
-
Steps Marketing, Inc. Advertising Agency Marketing & Advertising
-
Law Office of Adam Sorrells Law Firm
-
Homecare Professionals Home Health Care Service
-
Holly Nielsen, LMFT, LPCC: Soul-Centered Psychotherapy Psychotherapist
-
Express Employment Professionals Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$590k
Owner & transaction history
Daven LLC · 10 yrs held
Daven LLC
since 2016
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$91 / 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
$7,416
Tax year 2024
Assessed value
$667,332
Assessed 2024
Previous assessed
$667,332
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$203,100
Assessed improvement
$464,232
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
1991
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
6,454 SF
Lot
0.52 ac (22,651 SF)
Zoning code
OC
APN
006-210-088-000
UPID
US10-2966738
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
1991
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Daven LLC
Entity
Mailing address
1750 HUMBOLDT RD, CHICO, CA 95928-8104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2016
—
Daven LLC
—
Deed
related
$350,000 · Ari B Gagne
Jun 27, 2016
$575,000
Daven LLC
J & R Fagundes 2008 Trust
Grant Deed
—
Nov 27, 2012
—
Fagundes J & R 2008 Trust
Daley,diulinda M
Grant Deed
—
May 31, 2007
$910,000
Diulinda M Daley
Coblentz Elizabeth J Trust
Grant Deed
—
May 31, 2007
—
Diulinda M Daley
Daley,john J
Quit Claim Deed
related
—
Sep 12, 2002
—
Coblentz,tr
Coblentz,elizabeth J
Quit Claim Deed
related
—
Sep 6, 1994
—
Elizabeth J Coblentz
Coblentz,w S
Quit Claim Deed
related
—
Sep 6, 1994
$495,000
Coblentz,elizabeth J
Tri Counties Bank
Trustees Deed
$290,000 · Tri Counties Bank
Apr 18, 1994
—
Tri Counties Bank
Schmidt,michael
Grant Deed
related
—
Dec 29, 1989
$135,000
—
—
Grant Deed
related
$52,900
—
—
Daven LLC
—
Deed Of Trust
related
$350,000 · Ari B Gagne
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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