1950 20Th StChico, CA 95928
- Other commercial real estate
- 0.53 AC
Property Details for 1950 20Th St
- Year built
- 1900
- Lot size
- 0.53 AC
- Zone code
- CR
- Property type
- Other commercial real estate
- APN
- 002-450-020-000
- APU
- 2450020000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,762,296
- Hospitality
- $4,362,238
- Educational
- $3,629,330
- Medical
- $3,754,148
- Retail
- $5,645,625
Location Insight
- City
- Chico
- County
- Butte
- State
- California
- Latitude
- 39.7276
- Longitude
- -121.805
- CBSA code
- 17020
- CBSA name
- CHICO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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