2418 Victor Avenue, Redding, CA 96002
- Added:
- Mar 27, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 2418 Victor Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 067-080-055-000
- Size
- 3,200 SF
- Lot size
- 0.27 Acres
Building Details
- Year built
- 1978
Listing agent Jayne Dreyer License #01997674 (530) 710-4338
Listing office eXp Realty of California, Inc. 2603 Camino Ramon, Suite 200, San Ramon, CA (888) 584-9427
Listing date Mar 27, 2026
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.
HighLights
- Prime Location in Redding
- 3,200 SF Total Space with a 2,000 SF Main Building and an additional 1,200 SF Building
- Multiple Use Potential for Professional, Medical, Retail, or Service businesses
- Cannabis Eligible
- Ample On‑Site Parking
- Welcoming Front Reception Area
Overview
The property is located at 2418 Victor Avenue in Redding, CA 96002. On-site parking is described as ample, helping accommodate customers, clients, and staff. The two-building configuration on one parcel also supports use cases where multiple functions or tenants are beneficial.
For buyers seeking a compact, adaptable setup, this asset offers distinct space for front-facing operations and separate space for overflow needs. The presence of cannabis eligibility adds an additional consideration for qualified operators, while the reception area supports businesses that benefit from a defined customer entry and waiting flow. If you are evaluating a multi-use site with dedicated parking and separate building utility, this property is designed to fit a range of commercial requirements.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.7k | $19.92 |
| − Vacancy | −$3.8k | −$1.18 |
| EGI | $60.0k | $18.74 |
| − OpEx | −$18.0k | −$5.62 |
| NOI | $42.0k | $13.12 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Flower Express — 1728 E Cypress Ave, Redding, CA 96002
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.339165
- Latitude
- 40.572249
