1120 Forest Ave Chico, CA 95928
- Retail space
- 14,409 SF
- 2.00 lot acres
Current Use by Public Records
- CDReload - Online Bitcoin ATM / Crypto Atm / Atm
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
- Primo Water Refill / Bottled Water Supplier
- CVS / Convenience Store / Drug Store
- CVS Pharmacy / Pharmacy
Property Details for 1120 Forest Ave
- Year built
- 2010
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.00 lot acres
- Property size
- 14,409 SF
- Property type
- Retail space
- APN
- 002-050-264-000
- APU
- 2050264000
Description
This exceptional .77-acre commercial pad, located at 1120 Forest Ave in Chico, CA 95928, presents a unique investment opportunity. Situated in a CVS-anchored center, this site boasts double exposure on two signalized hard corners, ensuring high visibility and accessibility. The property offers compelling traffic counts, with Highway 32 registering 43,000 ADT and Forest Avenue at 20,000 ADT, resulting in a combined 63,000 ADT. The site is zoned Community Commercial (CC), allowing for a wide range of uses including drive-thru restaurants, banks, medical offices, and retail establishments. The parcel size, ranging from 33,541 to 43,560 square feet, is large enough to accommodate a standalone building with double drive-thru lanes, providing ample space for customer stacking. This shovel-ready pad is ideal for ground lease, build-to-suit, or joint venture opportunities. The property's prime location and flexible zoning make it an exceptional investment for developers and businesses seeking high-traffic exposure in a thriving Chico market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.805
- Latitude
- 39.7386
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA