Active Car Wash with Vacant
For Sale
$750,000
2180 Churn Crk Road, Redding, CA 96002
Commercial Sale, Redding, CA
Property Size2,500 SF
Lot Size0.51 Acres
Price / SF$300
Days on Market257
Property Features for 2180 Churn Crk Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Redding GC General Commercial
Directions
East on Mistletoe from Hilltop Drive to Churn Creek Road. Right on Churn Creek. Building is on the right prior to Industrial Street.
Subdivision
03 - SE Redding
Standard status
Active
APN
107-190-031-000
Size
2,500 SF
Lot size
0.51 Acres
Amenities
separate vacant kiosk
Building Details
Year built
2005
Building materials
Stucco
Roof type
Composition
Listing Agency:
House of Realty
(530) 241-8300
Listed By:
Rob Middleton · License #00549124
(530) 604-8443
Added: Dec 9, 2025
Changed: Aug 21
Last Checked: Aug 23 at 4:06PM
MLS# 25-5341
Copyright © 2026 Shasta Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This active car wash occupies a 0.51-acre property with a 2,500-square-foot building and a separate vacant kiosk. The improvements were constructed in 2005 and feature stucco exterior walls and a composition roof.
The property is located on Churn Crk Road in Redding, within East Redding. The site is positioned along a high-traffic thoroughfare and includes established car wash infrastructure and signage.
The property is located on Churn Crk Road in Redding, within East Redding. The site is positioned along a high-traffic thoroughfare and includes established car wash infrastructure and signage.
Key Highlights
- Active car wash on a 0.51‑acre property
- 2,500 square feet of building area
- Separate vacant kiosk included on site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,961
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$779,220
$779.2K
Cap Rate 7%
$556,586
$556.6K
Cap Rate 9%
$432,900
$432.9K
Market Conditions
NOI Build-Up for 2,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.0K $21.60/SF
− Vacancy
−$2.1K −$0.82/SF
EGI
$51.9K $20.78/SF
− OpEx
−$13.0K −$5.19/SF
NOI
$39.0K $15.58/SF
Area
Shasta County, CA
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$779,220
Cap Rate 7%
$556,586
Cap Rate 9%
$432,900
Alternative Uses
Best Use
Specialty Retail
$556.6K
$487.0K – $649.4K
NOI $38,961 @ 7.0% cap · market cap 5.19%
Second Best
Retail
$468.6K
$410.0K – $546.7K
NOI $32,803 @ 7.0% cap · market cap 4.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
415k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 23%
Groceries 15%
Home Improvements & Furnishings 10%
Safeway
Groceries
46,900 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
39,278 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
32,647 visits/mo
0.1 miles
Goodwill
Apparel
20,668 visits/mo
0.4 miles
Safeway Gas
Shops & Services
16,411 visits/mo
0.4 miles
Demographics for 96002, CA
35,158
Population
13,685
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
30.6 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,230
Median Household Income
$40,454
Median Earnings
$1,281
Median Rent
$347,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Operating car wash with a separate vacant kiosk on the property.
Where is this car wash located?
The property is located at 2180 Churn Crk Road Redding, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Active car wash on a 0.51‑acre property; 2,500 square feet of building area; Separate vacant kiosk included on site
