Chico, CA
Commercial Real Estate Market Trends & Data

Chico's Demographic Profile

Chico has 39,625 households and a median income of $67,883, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 96,613
# Households 39,625
Median age 33
Median household income $67,883
Avg household size 2.0
Renter-occupied housing units 22,093
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Chico, CA

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Chico $202 8,525 SF 7.82%
Oroville $986 4,803 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Chico $204 24,807 SF
Paradise $106 4,795 SF
Durham $244 18,818 SF
Oroville $632 5,107 SF
Magalia $158 17,372 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Chico $196 12,902 SF 6.98%
Oroville $200 3,035 SF 7.05%
Princeton $195 6,400 SF 8.30%

Commercial Properties For Sale in Chico

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2365 Esplanade Rd

Chico, CA 95926

  • 2,620 SF Retail Building
  • 7.45% Cap Rate
  • $799,000
For Sale

1339 Esplanade Rd

Chico, CA 95926

  • 2,618 SF Office Building
  • $750,000
For Sale

295 Convair Ave

Chico, CA 95973

  • 26,350 SF Industrial Building
  • $1,900,000
For Sale

3-Tenant Retail Strip - Restaurant Available

Chico, CA 95926

  • 2,802 SF Retail Building
  • 6.28% Cap Rate
  • $575,000
For Sale

100% Leased | Hard Corner of 6th & Flume St

Chico, CA 95928

  • 5,515 SF Retail Building
  • 6.57% Cap Rate
  • $795,000
For Sale

Trophy Investment Property - Fully Leased

Chico, CA 95973

  • 24,000 SF Office Building
  • 6.94% Cap Rate
  • $3,100,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Chico pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Chico $210 18,449 SF
Paradise $142 85,129 SF
Durham $203 25,425 SF
Oroville $325 19,051 SF
Magalia $128 31,491 SF

Regional Demographic Comparison

This comparison places Chico alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Chico or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Chico 96,613 39,625 33 $67,883 2 22,093 -4%
Paradise 7,870 3,449 53 $66,818 2 787 7%
Durham 4,966 1,858 43 $112,126 3 561 -8%
Oroville 19,642 7,076 35 $45,913 3 3,889 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Chico, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Chico

View All Commercial Real Estate For Sale in Chico
Is Chico a good market for a first-time commercial real estate investor?

Chico offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Chico?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Chico. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Chico?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Chico. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Chico compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Chico. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Chico acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Chico, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.