Gibson Grove
21 Acre Opportunity | Where Woodland's Next Chapter Begins
Marketing description
CBRE, Inc. exclusively presents Gibson Grove, a +/- 21.2-acre redevelopment opportunity at 1260, 1264, and 1268 Gibson Road in Woodland, California. The offering includes eight parcels totaling +/- 923,472 square feet of land and 262,455 square feet of improvements built in 1986, representing a large-scale infill site in Northern California. Formerly the County Fair Fashion Mall, the largely vacant property now anchored only by JCPenney offers a well-located, infrastructure-served land position at a basis below replacement cost within a submarket demonstrating sustained residential demand.
Situated along the Gibson Road retail corridor near Walmart Neighborhood Market, Chase Bank, and Northern Valley Indian Health, the site benefits from strong visibility and consistent consumer activity. Woodland is a supply-constrained housing market supported by $125,627 average household incomes and a $564,179 median home value, with the City actively approving multifamily and residential projects. The site supports market-rate multifamily, for-sale residential, mixed-income housing utilizing Density Bonus provisions, or a phased mixed-use program.
Gibson Grove offers direct access to State Route 113 and Interstate 5, 10 miles to UC Davis, 12 miles to Sacramento International Airport, and 20 miles to downtown Sacramento. Located across from the Yolo County Fairgrounds, the property combines scale, location, and basis to support a phased residential or mixed-use repositioning within a growing market backed by income growth, housing demand, and ongoing investment.
Investment highlights
- +/- 21.2 acres across eight parcels +/- (923,472 SF of land) with 262,455 SF of existing improvements, offering a large-scale infill redevelopment opportunity at a basis below replacement cost.
- Direct access to State Route 113 with connections to Interstate 5 and Interstate 80; approximately 12 miles to Sacramento International Airport.
- 10 miles from UC Davis (±40,000 students), supporting consistent housing demand and workforce depth.
- Average household income of $125,627 and median home value of $564,179 within a supply-constrained market; median home year built (1980) reflects aging inventory relative to modern standards.
- Located near Walmart Neighborhood Market, Chase Bank, and Northern Valley Indian Health, with adjacent Lennar residential development confirming demand.
- Supportive City approval environment across multiple residential product types; potential to increase yield through California Density Bonus provisions.
- Planned Woodland Research and Technology Park (±5,000 jobs; 1,600 residential units) expanding the long-term employment base.
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