West Redding Standalone
For Sale
$825,000
2321 Court St, Redding, CA 96001
Versatile 5,244 SF building suitable for medical or office use.
Property Size5,329 SF
Price / SF$154.81
Days on Market316
Property Features for 2321 Court St
General Information
Standard status
Active
Size
5,329 SF
Property subtype
Office
Zoning
RED GO - General Office
Building Details
Building Size
5,329 SF
Year Built
1978
Listed By:
Jess Whitlow, CCIM · License #CalDRE #01941996
(530) 605-5169
Source:
Coxrec
Added: Nov 25, 2025
Changed: Sep 15
Last Checked: Oct 5 at 5:03PM
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 Jess Whitlow, CCIM
Investment Insights
Based on property information with market context.
This 5,244 SF standalone building is located in West Redding. Currently used as an outpatient physical therapy office, the property could be converted to conventional medical or professional office use. The floor plan includes a waiting room, a large reception area, six plumbed exam rooms (or offices), one conference or cold plunge room, three private offices, a large open work area or therapy gym, a production area, multiple restrooms, and a lower level with windows suitable for additional working space or a gym. The upstairs space is 369 SF, the main level is 3,510 SF, and the lower level is 1,365 SF. The property is located in a high-demand area of West Redding, close to hospitals, the medical community, the legal community, a new courthouse, and high-income residential areas. The building is suitable for medical, office, or specialized use.
Key Highlights
- High‑demand West Redding location, convenient to hospitals, medical and legal communities.
- 5,244 SF standalone building ideal for medical, office, or specialized use.
- Existing outpatient physical therapy office layout featuring a reception area, 6 plumbed exam rooms/offices, conference room, private offices, and therapy gym.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,167
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,340
$1.3M
Cap Rate 7%
$916,671
$916.7K
Cap Rate 9%
$712,967
$713.0K
Market Conditions
NOI Build-Up for 5,329 SF
Gross rent
$108.7K $20.40/SF
− Vacancy
−$23.2K −$4.35/SF
EGI
$85.6K $16.05/SF
− OpEx
−$21.4K −$4.01/SF
NOI
$64.2K $12.04/SF
Area
Shasta County, CA
Vacancy
21.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,340
Cap Rate 7%
$916,671
Cap Rate 9%
$712,967
Alternative Uses
Best Use
Office B
$916.7K
$802.1K – $1.07M
NOI $64,167 @ 7.0% cap · market cap 7.78%
Second Best
Healthcare Medical
$804.2K
$703.7K – $938.3K
NOI $56,295 @ 7.0% cap · market cap 6.82%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.38M
NOI $83,049 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,806
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 96001, CA
33,914
Population
14,370
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
72.4 sq mi
ZIP Area
468
Density / Sq Mi
$70,594
Median Household Income
$42,316
Median Earnings
$1,238
Median Rent
$385,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Versatile 5,244 SF building suitable for medical or office use.
Where is this medical office space located?
The property is located at 2321 Court St Redding, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: High‑demand West Redding location, convenient to hospitals, medical and legal communities.; 5,244 SF standalone building ideal for medical, office, or specialized use.; Existing outpatient physical therapy office layout featuring a reception area, 6 plumbed exam rooms/offices, conference room, private offices, and therapy gym.
