4 Williamsburg LnChico, CA 95926

Property Details for 4 Williamsburg Ln

Year built

1980

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

3,032 SF

Property type

Office properties

Property subtype

Office buildings

APN

006-440-004-000

APU

6440004000

Description

This exceptional investment opportunity presents a freestanding warehouse located at 4 Williamsburg Lane in Chico, California, 95926. Priced at $379,000, this property offers significant potential for investors seeking a strong return. Situated within the established StoneBridge Business Park, the warehouse benefits from a prime location with convenient access to public transportation and major freeways. The park itself provides a desirable environment, featuring mature landscaping, ample parking, and a park-like atmosphere with large, shady trees. The property is fully occupied, operating as a multi-tenant professional office building. Importantly, a Property Owners Association (POA) manages essential aspects of building maintenance, including property insurance, common area maintenance (covering parking lot and landscaping), garbage disposal, water services, roof maintenance, and exterior building painting. This comprehensive POA coverage minimizes the owner's operational responsibilities and contributes to a streamlined investment experience. The property is classified as industrial and land, with a warehouse and commercial subtype. This fully occupied, well-maintained property presents a compelling investment opportunity in a thriving business park. The address is 4 Williamsburg Lane, Chico, CA 95926.

• CAP approach

  CAP return

  Valuation

  6%

  $546,433

  6.5%

  $504,400

  7%

  $468,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $432,909

  Geo Method

  $432,909

• Alternative Use

  Use

  Valuation

  Residential

  $625,456

  Hospitality

  $572,914

  Educational

  $476,658

  Medical

  $493,051

  Retail

  $741,468

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7525

Longitude

-121.856

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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