Commercial Real Estate Market in Chico, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
104 active listings and 127 off-market properties in Chico, TX.
Market Trends
Chico, TX spans 120.5 square miles in Wise County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chico, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Chico, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Chico, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Chico, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.3%
- Commercial 21.8%
- Agricultural 18.5%
- Industrial 6.1%
- Open space 1.3%
Largest Zones share of zoned land by district
Single Family Residential 1
Agricultural
Commercial General
Single Family Residential 2
Commercial
Chico, TX zones 861 acres across 10 districts. Commercial zoning covers 21.8% of zoned land, residential 52.3%, open space 1.3% and industrial 6.1%. The largest single district is Single Family Residential 1 at 40.8%. For commercial buyers the practical constraint is that only 27.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Chico, TX has 3,517 residents in 1,698 households. Density runs 29 people per square mile. Median household income here is $82,971 and median gross rent $1,094 a month.
3,517
Population
1,698
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
84%
High-School Grad
120.5 sq mi
ZIP Area
29
Density / Sq Mi
$82,971
Median Household Income
$38,949
Median Earnings
$1,094
Median Rent
$186,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lake Bridgeport | — | — |
| Bridgeport | — | $13.15 |
| Alvord | — | — |
| Runaway Bay | — | — |
Commercial property in Chico, TX asks $19/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chico?
Commercial property in Chico, TX asks an average of $19 per square foot.
What zoning applies to commercial property in Chico?
Chico, TX zones 861 acres across 10 districts, of which 21.8% is commercial and 6.1% industrial. The largest single district is Single Family Residential 1 at 40.8% of zoned land. Residential zoning covers 52.3% and open space 1.3%.
Where does Realmo's Chico market data come from?
Realmo compiles Chico, TX figures from 104 active sale listings, 127 tracked off-market properties, the current Chico zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 104 active for-sale and 0 active for-lease listings in Chico, TX. 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: 861 zoned acres across 10 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 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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 31 August 2026 · report a data issue
