Retail Land with Existing
5490 Churn Creek Rd Redding, CA 96002
For Sale
$679,000
COMMERCIAL - Redding, CA
Property Size3,000 SF
Lot Size3.34 Acres
Price / SF$226.33
Days on Market1196
Property Features for 5490 Churn Creek Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- APN
- 068-360-008
- Size
- 3,000 SF
- Lot size
- 3.34 Acres
Building Details
- Flooring type
- Concrete
- Building materials
- Metal Siding
- Roof type
- Metal
Listing Agency:
TREG INC - The Real Estate Group
(530) 222-5522
Listed By:
Tom Miceli · License #01105123
(530) 515-3250
Added: Apr 17, 2023
Changed: Jul 1
Last Checked: Jul 25 at 5:06AM
MLS# 23-1300
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 for-sale commercial property includes a 3,000 sq. ft. building on 3.34 acres at 5490 Churn Creek Rd in Redding, CA. The offering provides a land-based development or redevelopment platform with an existing building already on-site.
The property is positioned on Churn Creek Rd and is described as being just east of a new Costco. Buyers considering retail, service, or other commercial concepts may find the established retail adjacency and accessibility factors relevant to their site selection.
The combination of acreage and an existing 3,000 sq. ft. structure can support a range of tenant-ready or phased occupancy strategies, depending on your intended use and operating requirements. This is a straightforward option for buyers who want both land area and a building to begin planning from, rather than starting with vacant ground alone.
The property is positioned on Churn Creek Rd and is described as being just east of a new Costco. Buyers considering retail, service, or other commercial concepts may find the established retail adjacency and accessibility factors relevant to their site selection.
The combination of acreage and an existing 3,000 sq. ft. structure can support a range of tenant-ready or phased occupancy strategies, depending on your intended use and operating requirements. This is a straightforward option for buyers who want both land area and a building to begin planning from, rather than starting with vacant ground alone.
Key Highlights
- High visibility and traffic flow.
- 3,000 sq.ft. building on 3.34 acres.
- Located just east of the new Costco.
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 | $59.8k | $19.92 |
| − Vacancy | −$3.5k | −$1.18 |
| EGI | $56.2k | $18.74 |
| − OpEx | −$16.9k | −$5.62 |
| NOI | $39.4k | $13.12 |
3,000 SF · lease $19.92/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$562.3K
$492.1K – $656.1K
NOI $39,364 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$667.9K
$584.4K – $779.2K
NOI $46,753 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Goodyear's Auto Electric
Auto Repair Shop
FAQs
What type of property is this?
Commercial land - For-sale commercial site featuring a 3,000 sq. ft. building on 3.34 acres near a new Costco.
Where is this commercial land located?
The property is located at 5490 Churn Creek Rd Redding, CA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: High visibility and traffic flow.; 3,000 sq.ft. building on 3.34 acres.; Located just east of the new Costco.
