140 Amber Grove DrChico, CA 95973

Property Details for 140 Amber Grove Dr

Year built

2006

Construction

WOOD

Lot size

0.44 AC

Property size (Sq ft)

4,008 SF

Property type

Office properties

Property subtype

Office buildings

APN

006-500-034-000

APU

6500034000

Description

This exceptional office property, located at 140 Amber Grove Drive in Chico, California, 95973, offers 936 square feet of versatile space in a well-maintained Class B building. The property features two suites, with a minimum divisible space of 118 square feet and a maximum contiguous space of 818 square feet, making it ideal for a variety of business needs. Currently, the entire 936 square feet is available for lease. The building is situated in a desirable north Chico location, boasting ample parking and convenient proximity to parks, restaurants, and shopping. The property benefits from a professional complex setting within the family-friendly Amber Grove neighborhood, known for its residential character and well-maintained surroundings. Nearby recreational opportunities include DeGarmo Park and Wildwood Park. The property's utility/NNN charge covers PG&E, water, trash, and common area restroom cleaning and stocking. This is a fantastic opportunity to establish your business in a clean, professional, and convenient location. The property is in Butte County and offers a traditional office and executive office space.

• CAP approach

  CAP return

  Valuation

  6%

  $722,330

  6.5%

  $666,766

  7%

  $619,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $572,262

  Geo Method

  $572,262

• Alternative Use

  Use

  Valuation

  Residential

  $826,790

  Hospitality

  $757,336

  Educational

  $630,094

  Medical

  $651,764

  Retail

  $980,147

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7663

Longitude

-121.872

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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