1350 9Th StChico, CA 95928

  • Office properties
  • 8,882 SF
For Lease
$15.60/SF/YR View listing

Property Details for 1350 9Th St

Year built
2000
Construction
WOOD
Lot size
0.89 AC
Property size (Sq ft)
8,882 SF
Property type
Office properties
Property subtype
Office buildings
APN
004-341-017-000
APU
4341017000

Description

This exceptional 1,950 square foot office space is located at 1350 E 9th Street in Chico, California, within a larger building totaling 8,882 square feet. The property, situated on 0.89 acres of land, boasts a desirable location with excellent visibility and easy freeway access. The building, constructed in 2002 and extensively renovated in 2023, is a single-story Class B structure featuring a total of three suites. This particular suite offers a functional floor plan, abundant natural light from numerous windows, and two convenient bathrooms. The property benefits from a large parking lot and a shaded patio area, enhancing its appeal and functionality. The minimum divisible space is 1,950 square feet, and the maximum contiguous space available is also 1,950 square feet. The property's address is 1350 E 9th St, Chico, CA 95928, and its location is further defined by the cross streets of 9th Street and Bartlett Street. The Butte County Assessor's Parcel Number (APN) is 004341017000. This is a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Chico neighborhood. The existing tenant mix within the building contributes to a positive and productive environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,600,733
    6.5%
    $1,477,600
    7%
    $1,372,057
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,268,172
    Geo Method
    $1,268,172
  • Alternative Use

    Use
    Valuation
    Residential
    $1,832,224
    Hospitality
    $1,678,307
    Educational
    $1,396,332
    Medical
    $1,444,354
    Retail
    $2,172,071
1350 9Th St, Chico, California

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.735
Longitude
-121.822
CBSA code
17020
CBSA name
CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,992
$202,776
$1,419,149
$1,621,925
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