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2022 Forest Ave
Chico, CA 95928
Between Walmart & Target - Development Land · Land For Sale
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3.30 AC


Investment Highlights
- ±3.3 Acres Available within a ±6.61-acre commercial site (APN 002-370-068-000)
- Anchored by Walmart and Target, with Walmart actively expanding—underscoring strong retail performance and demand
- Dense, Growing Population Base supporting long-term commercial viability
- For Sale or Lease – flexible opportunity for retail or commercial development
- Exceptional Visibility on Forest Avenue, a major thoroughfare serving multiple shopping centers and dense multifamily communities
- Proximity to CSU Chico and Butte College, driving consistent consumer traffic and workforce access
Executive Summary
Property Facts
1 Lot Available
Lot
| Lot Size | 3.30 AC |
| Lot Size | 3.30 AC |
±3.3 acres available out of a total ±6.61-acre site.
Description
For sale or lease, 2022 Forest Ave in Chico, California offers a prime commercial development opportunity within one of the city’s strongest and most established retail trade areas. The site consists of ±6.61 acres, with ±3.3 acres currently available, providing flexibility for a wide range of retail or commercial uses. The property is centrally located along Forest Avenue, a major arterial serving numerous shopping centers and dense multifamily neighborhoods. The site benefits from outstanding proximity to nationally recognized retailers including Target, Walmart, Hobby Lobby, Best Buy, PetSmart, Old Navy, In-N-Out, WinCo Foods, Tommy’s Express Car Wash, and Chico Marketplace, creating a highly synergistic retail environment. Positioned directly between two major anchors—Walmart and Target—the property sits within a proven retail corridor, with Walmart actively expanding its footprint, reinforcing the strength and durability of the trade area. The surrounding population base is dense and continuing to grow, supporting sustained demand for retail and commercial services. Additionally, the property is conveniently located near California State University, Chico, and Butte College, further enhancing daytime population, consumer traffic, and workforce access. With excellent visibility, strong surrounding tenancy, and a strategic central location, 2022 Forest Ave represents a compelling opportunity for developers, investors, and users seeking a presence in one of Chico’s most active commercial corridors.
Property Taxes
| Parcel Number | 002-370-068-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $3,269,623 CAD | Total Assessment | $3,269,623 CAD |
