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Property profile & analytics
OFF-MARKET
Retail space
824 Cherry St Chico, CA 95928-5145
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2808104
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
WOOD
Total area
1,800 SF
Lot
0.5 ac (21,780 SF)
Zoning code
M1
APN
004-268-003-000
UPID
US09-2808104
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
-
The Hatchet House Adventure Sports Sports Club
-
Leyden Engineering, LLC Electrical Engineer
-
Performance PCB Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nicole Cartwright · 2 yrs held
Nicole Cartwright
since 2023
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
M1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,706
Tax year 2024
Assessed value
$965,000
Assessed 2024
Previous assessed
$965,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$225,000
Assessed improvement
$740,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,800 SF
Lot
0.5 ac (21,780 SF)
Zoning code
M1
APN
004-268-003-000
UPID
US09-2808104
Jurisdiction
BUTTE
Zoning & alternative use
M1 · Chico, CA
Zoning M1 · permitted uses
M1 · 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
1920
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Nicole Cartwright
Individual
Mailing address
764 ANITA DR, S LAKE TAHOE, CA 96150-4414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 5, 2023
—
Nicole Cartwright
Robert A Clark
Gift Deed
related
—
Jul 31, 2015
—
Clark & Savelli Trust
Savelli,roberta
Quit Claim Deed
related
—
Apr 4, 2007
$600,000
Roberta Savelli
Buckman Family Trust
Grant Deed
$500,000 · Buckman Family Trust
Aug 10, 2004
—
Buckman,tr
Buckman,donald R
Quit Claim Deed
related
—
Apr 24, 1996
—
Margaret Buckman
Buckman Trust
Quit Claim Deed
related
—
Jan 22, 1991
—
Buckman Family Trust
Buckman,donald R
Quit Claim Deed
related
—
—
—
Roberta Savelli
—
Deed Of Trust
related
$250,000 · Tri Counties Bank
—
—
Roberta Savelli
—
Deed Of Trust
related
$500,000 · Buckman Family Tr (pt)
Jan 1, 1969
—
—
—
Grant 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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