1350 9Th StChico, CA 95928

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 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.

• 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

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

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