670 Rio Lindo AveChico, CA 95926

Property Details for 670 Rio Lindo Ave

Year built

1999

Construction

WOOD

Lot size

1.52 AC

Property size (Sq ft)

17,964 SF

Zone code

C-1

Property type

Office properties

Property subtype

Office buildings

APN

006-260-026-000

APU

6260026000

Description

This exceptional 3,318-square-foot medical office space, located at 670 Rio Lindo Ave, Suite 100, Chico, CA 95926, presents a unique investment opportunity. Situated on a substantial 66,211-square-foot lot, this single-tenant property boasts a prime location near high-quality professional businesses, including Enloe. Built in 1999, the single-story building is zoned C1 and features ample rear-loaded parking and attractive landscaping. The interior offers a well-designed layout including ADA-compliant restrooms, a convenient breakroom, a built-in reception area, a comfortable waiting area, and multiple private offices/workspaces. Previously occupied by Open System Imaging, this versatile space is adaptable to various medical or office uses and offers potential for build-to-suit customization to meet specific requirements. The property's address is 670 Rio Lindo Ave, with a cross street of Cohasset Rd, in Butte County. The Assessor's Parcel Number (APN) is 006260026000. This property represents a compelling opportunity for a business seeking a well-appointed, conveniently located space in a thriving Chico neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $3,237,510

  6.5%

  $2,988,471

  7%

  $2,775,009

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,564,900

  Geo Method

  $2,564,900

• Alternative Use

  Use

  Valuation

  Residential

  $3,705,704

  Hospitality

  $3,394,405

  Educational

  $2,824,105

  Medical

  $2,921,230

  Retail

  $4,393,052

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7536

Longitude

-121.847

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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