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    1950 20Th St Chico, CA 95928

    Sponsored
    For Lease
    $2 SF/Yr

    Prime Chico Retail Land, 32,552 SF

    Lot size:
    32,552 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 32,552 square foot retail land parcel, located at 1950 E 20th Street in Chico, California (zip code 95928), presents a unique investment opportunity. Situated within Chico's premier retail trade area, this property benefits from its proximity to the Chico Mall, a thriving regional shopping center boasting over 100 stores and restaurants. The mall is anchored by well-known national retailers including Dick's Sporting Goods, JCPenney, and Forever 21, ensuring high foot traffic and visibility. Recent additions to the immediate area include HomeGoods, Petco, Planet Fitness, and Burlington, further solidifying the location's strong retail presence. This parcel is zoned for commercial use and offers the potential for a multi-tenant building, with the added advantage of drive-thru availability. The property's location within the bustling Chico retail corridor makes it an ideal site for a variety of retail businesses seeking high visibility and access to a large consumer base. One retail space is currently available. This is a rare opportunity to acquire a significant retail land parcel in a high-demand location. The property's size and location make it suitable for a variety of development options, catering to the needs of both large and small businesses. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 1950 20Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,552 SF

    Unit(s) available at that property

    Space
    Parcel A
    Size
    32,552 SF
    Rate per SF
    $2

    HighLights

    • 32,552 SF retail land parcel in Chico, CA (95928), near Chico Mall.
    • Excellent visibility on E 20th Street and Forest Ave.
    • Drive‑thru design.
    • Forest Ave daily traffic count: 13,750 vehicles.
    • Immediate access from Forest Ave, east side of the mall.
    • E 20th Street daily traffic count: 20,900 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cinnabon Bakery Eyebrow Plus Beauty Salon Hot Topic Fashion Accessories Store Finish Line Shoe Store Closed Juice Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8055465
    Latitude
    39.7289393

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    FAQs

    What type of property is this?
    Land - Prime Chico Retail Land, 32,552 SF
    Where is this land located?
    The property is located at 1950 20Th St Chico, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 32,552 SF retail land parcel in Chico, CA (95928), near Chico Mall.; Excellent visibility on E 20th Street and Forest Ave.; Drive-thru design.
    Request Owner's contact information
    1950 20Th St Chico, CA 95928
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    Chico, CA 95928
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1950 20Th St Chico, CA 95928
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