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    1600 Buenaventura 1600.0 Blvd Redding, CA 96001

    For Sale
    Contact for pricing

    7.52 Acres, High Traffic Area, Development Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 7.52-acre commercial land parcel presents a unique investment opportunity in the desirable West Redding area. Located at 1600 Buenaventura Boulevard, this property enjoys a prime location near established residential communities and directly across from the bustling Placer Heights Shopping Center, ensuring high visibility and consistent traffic flow. The site boasts excellent accessibility, with over 13,700 cars per day passing on Placer Street and 9,800 cars per day on Buenaventura Boulevard, providing significant exposure for any development. Currently zoned for Professional Office, Medical Office, or Dental Office uses, this versatile property offers a range of development possibilities. Prior feasibility studies have already explored the potential for a multifamily development, indicating the viability of constructing approximately 60 one- and two-bedroom units. This strategic location, combined with the high traffic counts and existing zoning, makes this property an ideal choice for developers seeking a high-impact investment in a thriving West Redding neighborhood. The substantial acreage provides ample space for a variety of commercial or residential projects, offering significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.

    Property Features for 1600 Buenaventura 1600.0 Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    327,571 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.4162
    Latitude
    40.57212

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    FAQs

    What type of property is this?
    Commercial real estate - 7.52 Acres, High Traffic Area, Development Potential
    Where is this commercial real estate located?
    The property is located at 1600 Buenaventura 1600.0 Blvd Redding, CA.
    (530) 245-4600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 Buenaventura 1600.0 Blvd Redding, CA 96001
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