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Property profile & analytics
FOR SALE
Warehouses
71 Loren Ave Chico, CA 95928
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3177593
For Sale
1 / 2
$6,250,000
71 Loren Ave, Chico, CA 95928
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
53,975 SF
Lot
3.96 ac (172,497 SF)
APN
040-400-086-000
UPID
US10-3177593
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
-
Golden Brands-Chico Warehouse & Storage
-
DBI Beverage Inc. Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.82M
Comparable Approach
Comparable
$6.36M
Blend (final)
Blend
$5.24M
Owner & transaction history
Lone Oak Chico LLC · 6 yrs held
Lone Oak Chico LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.3M
+48.0%
Retail stores
$7.3M
+29.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,295,000
6.5%
$5,815,000
7%
$5,400,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,605,000
Current use
INDUSTRIAL (GENERAL)
$8,295,000
Change: +48% · Conversion: Easy
RETAIL STORES
$7,260,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$5.24M
Range $4.71M – $5.76M · ±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
$97 / 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
$54,757
Tax year 2024
Assessed value
$4,932,127
Assessed 2024
Previous assessed
$4,932,127
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,018,590
Assessed improvement
$3,913,537
Applied tax rate
62.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1999
Heating
NONE
Stories
1
Total area
53,975 SF
Lot
3.96 ac (172,497 SF)
APN
040-400-086-000
UPID
US10-3177593
Jurisdiction
BUTTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$8.3M
RETAIL STORES
Est. value
$7.3M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1999
Heating
NONE
Stories
1
Lot
3.96 ac
Current owner
From public records · entity-resolved
Lone Oak Chico LLC
Entity
Free & Clear · 6 yrs held
Mailing address
6250 N RIV RD STE #9000, ROSEMONT, IL 60018-4241
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 2, 2019
—
Lone Oak Chico LLC
—
Deed
related
$3,562,500 · Wells Fargo Bank NA
Sep 19, 2019
$4,600
Lone Oak Chico LLC
Dbi Properties LLC
Grant Deed
—
May 8, 2009
—
Dbi Properties Chickee LLC
Dbi Properties LLC
Quit Claim Deed
$3,975,000 · Bank Of America
Dec 3, 2008
—
Dbi Properties LLC
Kjksc Ents
Grant Deed
—
Oct 17, 2000
—
Kjksc Enterprises LP
Redding Distributing Co
Grant Deed
$1,350,000 · Union Bank Of California
Dec 30, 1999
$1,699,500
Redding Distributing Co
R & R Distributing Co
Grant Deed
$1,140,000 · Bank Of America
Dec 29, 1999
$625,000
R & R Distributing Co
Rausser,rosemary
Grant Deed
—
—
—
Dbi Properties Chickee LLC
—
Loan Modification
related
$3,975,000 · Bank Of America
—
—
Dbi Properties Chickee LLC
—
Loan Modification
related
$2,650,000 · Bank Of America
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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