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Property profile & analytics
OFF-MARKET
Estimated value
$4,480,000
Manufacturing properties
757 Miller Ave Chico, CA 95928-6921
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2951732
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Construction
STEEL FRAME
Total area
22,531 SF
Lot
15.16 ac (660,369 SF)
Zoning code
A10
APN
039-480-002-000
UPID
US09-2951732
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
-
North State Hulling Cooperative. Inc Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.48M
Owner & transaction history
Suneel Sharma · 5 yrs held
Suneel Sharma
since 2020
Last sale
$5.2M
5 recorded transactions
Zoning & alternative use
A10 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.3M
+82.6%
Apartment house (5+ units)
$4.8M
+39.9%
Office building
$4.0M
+16.0%
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
$5,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,460,000
Current use
COMMERCIAL (GENERAL)
$6,320,000
Change: +83% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,845,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$4,015,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$3,030,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$4.48M
Range $4.03M – $4.93M · ±10% · vs last sale $5.17M (Aug 12 2020)
Last sale anchor
$5.17M
Aug 12 2020
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
$199 / 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
$25,871
Tax year 2024
Assessed value
$2,175,476
Assessed 2024
Previous assessed
$2,175,476
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$530,604
Assessed improvement
$1,644,872
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
NONE
Total area
22,531 SF
Lot
15.16 ac (660,369 SF)
Zoning code
A10
APN
039-480-002-000
UPID
US09-2951732
Jurisdiction
BUTTE
Zoning & alternative use
A10 · Chico, CA
Zoning A10 · permitted uses
A10 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.0M
RETAIL STORES
Est. value
$3.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1900
Construction
STEEL FRAME
Heating
NONE
Lot
15.16 ac
Current owner
From public records · entity-resolved
Suneel Sharma
Individual
Mailing address
7339 NUNES RD, DIXON, CA 95620-9770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
—
Suneel Sharma
—
Deed
related
$1,840,000 · Farm Credit Services Of Colusa-glenn Aca
Aug 12, 2020
—
Suneel Sharma
North State Hulling Co Operat
Grant Deed
—
Oct 31, 2019
—
North State Hulling Cooperativ
—
Grant Deed
related
$19,650,000 · Golden St Farm Credit Flca
Jan 1, 1978
—
—
—
Grant Deed
related
—
—
—
North State Hulling
—
Deed Of Trust
related
$3,000,000 · Golden St Farm Credit Flca
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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