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    1975 Placer St Redding, CA 96001

    For Sale
    $495,000

    High-yield investment, fully occupied.

    Property size:
    3,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 3,600 square foot office building is located in downtown Redding, California, at 1975 Placer Street. Its prime location offers superb visibility and proximity to the new courthouse, ensuring high traffic and consistent demand. Currently 100% occupied, this property presents a fantastic opportunity for long-term investment, benefiting from the nearby activity of city, county, and state government offices. The building features four individual office spaces, currently leased to a diverse range of tenants including an attorney's office, a land design firm, a cosmetic services provider, and a hair salon. The property includes a private parking lot, a significant advantage in a busy downtown area. Recent improvements include a newer HVAC system and some interior remodeling, ensuring the building is well-maintained and ready for continued success. The asking price is $495,000. This is a rare chance to acquire a stable, high-performing commercial property in a thriving downtown location. The diverse tenant mix mitigates risk and ensures a consistent income stream. Don't miss this opportunity to secure a valuable asset in a rapidly developing area.

    Property Features for 1975 Placer St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,600 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Noble Creative Marketing Agency Law Offices of Kristi ... Law Firm Goldilinks Permanent Jewelry Jewelry Store Grace and Beauty Aesthetics Permanent Make-Up Clinic Godfather Bail Bonds Bail Bonds Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.397
    Latitude
    40.58043

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment, fully occupied.
    Where is this commercial real estate located?
    The property is located at 1975 Placer St Redding, CA.
    What is the asking price?
    The asking price for this property is $495,000.
    (619) 248-6434
    Request Owner's contact information
    1975 Placer St Redding, CA 96001
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    Redding, CA 96001
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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
    1975 Placer St Redding, CA 96001
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