12 Williamsburg LnChico, CA 95926

Property Details for 12 Williamsburg Ln

Year built

1979

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

3,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

006-440-011-000

APU

6440011000

Description

This exceptional 3,040 square foot executive office building, situated at 12 Williamsburg Ln, Chico, CA 95926, presents a remarkable investment opportunity. Built in 1979 and extensively renovated in 2024, this Class B, two-story standalone building boasts fresh paint, new flooring, and abundant natural light from large windows. The ground floor features three private offices, spacious open work areas, and three restrooms. The upper level offers two large private or shared office spaces and a convenient kitchenette. The flexible layout allows for diverse configurations to suit various business needs. The property benefits from a well-maintained exterior, attractive landscaping, and ample parking. The Stonebridge Professional Village location provides easy access to major roadways, shopping, dining, and other amenities. The Property Owners Association (POA) manages the roof, landscaping, parking lot, and common areas, including water, sewer, trash removal, and evening security patrols, ensuring a worry-free ownership experience. This turnkey property is priced at $364,800 and sits on a 2,473 square foot lot. Don't miss this chance to acquire a prime Chico office building.

• CAP approach

  CAP return

  Valuation

  6%

  $547,875

  6.5%

  $505,731

  7%

  $469,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $434,051

  Geo Method

  $434,051

• Alternative Use

  Use

  Valuation

  Residential

  $627,106

  Hospitality

  $574,426

  Educational

  $477,916

  Medical

  $494,352

  Retail

  $743,425

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7529

Longitude

-121.855

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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