Property profile

996 E 1St Ave Chico, CA 95926

FOR LEASE
Vacant Commercial
Property ID
US09-0414634
1,274 SF 0.77 ac lot Built 1966
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Property summary

AI-generated overview

The property consists of commercial land configured on a prominent corner location and is zoned OR (Office Residential). The zoning permits a broad range of uses, including medical offices, churches, fitness clubs, museums, schools, assisted living facilities, live/work spaces, convalescent care homes, pharmacies, grocery stores, restaurants, banks, day care centers, financial services, dental offices, and medical services. A build-to-suit development approach is supported, and a conceptual floor plan is available based on a similar location at 1350 E 9th Street in Chico, with the site being suitable for alternative development concepts subject to applicable requirements.

Property profile

Verified
Property type Vacant Commercial
Year built 1966
Total area 1,274 SF
Lot 0.77 ac (33,541 SF)
APN 003-480-112-000
UPID US09-0414634

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

996 E 1St Ave Chico, CA 95926
Chico metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$160,000
1 recorded transaction
2022
Price N/A
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