95 Declaration DrChico, CA 95973

Property Details for 95 Declaration Dr

Year built

1990

Construction

WOOD

Lot size

0.55 AC

Property size (Sq ft)

7,301 SF

Zone code

OC

Property type

Office properties

Property subtype

Office buildings

APN

006-210-093-000

APU

6210093000

Description

This exceptional 850-square-foot executive office suite is ideally situated on the second floor of The Philadelphia Square business complex in Chico, California. Boasting a park-like setting, this single-tenant space offers a highly desirable location with easy access to amenities and transportation. The suite itself comprises three spacious offices, one featuring built-in bookcases, providing ample room for individual work or team collaboration. A dedicated storage/IT area ensures efficient organization and management of technology resources. A large reception area creates a professional and welcoming first impression for clients and visitors. The suite also benefits from a shared common area bathroom, conveniently maintained by the landlord. The property sits on a 0.55-acre lot and is part of a two-story building. The suite is currently vacant and ready for immediate occupancy. The property's Assessed Parcel Number (APN) is 006210093000, located in Butte County, California, with a Chico, CA 95973 mailing address. This turnkey office space presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located executive office in a desirable Chico setting. The total building square footage is 850 square feet, with the entire space currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,315,802

  6.5%

  $1,214,586

  7%

  $1,127,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,042,437

  Geo Method

  $1,042,437

• Alternative Use

  Use

  Valuation

  Residential

  $1,506,087

  Hospitality

  $1,379,568

  Educational

  $1,147,784

  Medical

  $1,187,258

  Retail

  $1,785,442

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7724

Longitude

-121.872

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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