Commercial Real Estate Market in Chico, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
389 active listings and 3,173 off-market properties in Chico, CA. Commercial property asks $91/SF to buy and $16.97/SF/Yr to lease.
Market Trends
Chico, CA spans 453.3 square miles in Butte County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Chico, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Chico, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Chico, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Chico, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 40.2%
- Open space 25.4%
- Mixed use 13.9%
- Agricultural 7.6%
- Special 5.9%
- Civic 3.9%
- Industrial 1.4%
- Commercial 0.9%
- Planned_development 0.9%
Largest Zones share of zoned land by district
Low Density Residential
Primary Open Space
Secondary Open Space
Medium Density Residential
Airport Public Facilities
Primary Open Space (OS1)
OS1 Primary Open Space Primary Open Space (POS) OS2 Secondary Open Space Secondary Open Space (SOS) Overlay Zoning Districts -AE Airport Environs Varies according to General Plan policies -AO Airport Overflight Varies according to General Plan policies -L Landmark All designations -PD Planned Development All designations -RC Resource Constraint Resource Cons…
Market overview
Demographics & Economy
Chico, CA has 119,246 residents in 51,857 households. Density runs 263 people per square mile. Median household income here is $73,234 and median gross rent $1,461 a month.
119,246
Population
51,857
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
93%
High-School Grad
453.3 sq mi
ZIP Area
263
Density / Sq Mi
$73,234
Median Household Income
$35,385
Median Earnings
$1,461
Median Rent
$474,517
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Chico?
Commercial property in Chico, CA asks an average of $91 per square foot. The 8 most recent recorded sales traded at a median of $180/SF.
How much does it cost to lease commercial space in Chico?
Asking lease rates in Chico, CA average $16.97 per square foot per year.
Where does Realmo's Chico market data come from?
Realmo compiles Chico, CA figures from 8 recent recorded sales, 214 active sale listings, 175 active lease listings, 3,173 tracked off-market properties, the current Chico zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 214 active for-sale and 175 active for-lease listings in Chico, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 19,003 zoned acres across 30 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
