900 Fortress StChico, CA 95973

Property Details for 900 Fortress St

Year built

1999

Construction

WOOD

Lot size

2.13 AC

Property size (Sq ft)

27,760 SF

Property type

Office properties

Property subtype

Office buildings

APN

047-560-082-000

APU

47560082000

Description

This exceptional 18,319 square foot Class C office building in Chico, CA, offers a single available suite ranging from 8,170 to 10,149 contiguous square feet. Located at 900 Fortress Street, near the Chico Airport, this single-story property boasts a convenient North Chico location within a thriving commercial area. The space is highly adaptable, allowing for tenant improvements to customize the layout to meet specific business needs. Features include multiple restrooms, a kitchenette, a large storage area with double doors, and a Generac backup generator. Ample parking and a corner lot location provide excellent accessibility for employees and clients. The property offers the potential for expansion into a neighboring suite, increasing the total leasable space to approximately 20,000 square feet, making it an ideal solution for businesses anticipating growth. This well-connected location in Butte County (zip code 95973) provides a dynamic environment with nearby amenities. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $5,002,966

  6.5%

  $4,618,122

  7%

  $4,288,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,963,573

  Geo Method

  $3,963,573

• Alternative Use

  Use

  Valuation

  Residential

  $5,726,472

  Hospitality

  $5,245,418

  Educational

  $4,364,126

  Medical

  $4,514,215

  Retail

  $6,788,640

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7987

Longitude

-121.852

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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