Riverfront Light Industrial
For Sale
$1,300,000
19886 Riverside Ave, Anderson, CA 96007
10.6-acre riverfront parcel with level terrain, 330 feet of frontage, and an on-site 4,200 SF shop.
Property Size4,200 SF
Lot Size10.60 Acres
Price / SF$309.52
Days on Market891
Property Features for 19886 Riverside Ave
General Information
Standard status
Active
Size
4,200 SF
Lot size
10.60 Acres
Property subtype
Land
Additional Details
Highway Access
Yes
Drive-In Doors
3
Listing Agency:
Redding Mall Properties
(530) 243-6968
Listed By:
Michele Goedert
(530) 227-4655
Source:
Exprealty
Added: Mar 26, 2024
Changed: Aug 25
Last Checked: Sep 2 at 12:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redding Mall Properties
Investment Insights
Based on property information with market context.
A 10.6-acre riverfront commercial and light industrial parcel offering 330 lineal feet of Sacramento River frontage and level terrain. The property includes a 4,200-square-foot shop with three 16-foot bay doors, along with a 3-bedroom/2-bath residence and a barn, providing immediate on-site utility and accommodation.
The location offers easy access to I-5 and Hwy 273. The site is adjacent to Sierra Pacific Industries and near a newer mini-storage facility and a new Multi Agency Fire Station, supporting a practical mix of light industrial and commercial development activity in the area.
Zoning is described as permitting a wide array of commercial and light industrial ventures, giving flexibility for prospective buyers evaluating redevelopment or other site use plans.
The location offers easy access to I-5 and Hwy 273. The site is adjacent to Sierra Pacific Industries and near a newer mini-storage facility and a new Multi Agency Fire Station, supporting a practical mix of light industrial and commercial development activity in the area.
Zoning is described as permitting a wide array of commercial and light industrial ventures, giving flexibility for prospective buyers evaluating redevelopment or other site use plans.
Key Highlights
- 10.6‑acre riverfront parcel with 330 linear feet of Sacramento River frontage and level terrain
- On‑site 4,200 SF shop with three 16‑foot bay doors
- Includes a 3‑bedroom, 2‑bath residence plus a barn
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
$58,126
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
4.47%
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%
$1,162,520
$1.2M
Cap Rate 7%
$830,371
$830.4K
Cap Rate 9%
$645,844
$645.8K
Market Conditions
NOI Build-Up for 4,200 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
$74.1K $17.64/SF
− Vacancy
−$5.7K −$1.36/SF
EGI
$68.4K $16.28/SF
− OpEx
−$10.3K −$2.44/SF
NOI
$58.1K $13.84/SF
Area
Shasta County, CA
Vacancy
7.70%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
15.00%
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%
$1,162,520
Cap Rate 7%
$830,371
Cap Rate 9%
$645,844
Alternative Uses
Best Use
Warehouse
$830.4K
$726.6K – $968.8K
NOI $58,126 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$935.1K
$818.2K – $1.09M
NOI $65,454 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 96007, CA
24,056
Population
10,755
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
122.5 sq mi
ZIP Area
196
Density / Sq Mi
$65,000
Median Household Income
$41,148
Median Earnings
$1,037
Median Rent
$284,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 10.6-acre riverfront parcel with level terrain, 330 feet of frontage, and an on-site 4,200 SF shop.
Where is this waterfront land located?
The property is located at 19886 Riverside Ave Anderson, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10.6‑acre riverfront parcel with 330 linear feet of Sacramento River frontage and level terrain; On‑site 4,200 SF shop with three 16‑foot bay doors; Includes a 3‑bedroom, 2‑bath residence plus a barn
