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    2515 South Market St Redding, CA 96001

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    For Lease
    Contact for pricing

    Prime Redding location near revitalized South City Park and downtown.

    Property size:
    68,389 SF
    Lot size:
    68.00 Acres

    Property Features for 2515 South Market St

    General Information

    Size
    68,389 SF
    Lot size
    68.00 Acres

    Source: Jess Whitlow, CCIM Agent Jess Whitlow, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Corner Development Opportunity

    This property presents a development opportunity at a high-traffic, hard corner location. The City of Redding is investing in revitalizing South City Park and enhancing city services, including City Hall and the Police Department, which are nearby. Planned park improvements include pickleball courts, playgrounds, a dog park, a youth area, and a multi-use pavilion with a stage and lawn. City Hall also hosts a seasonal farmers market. The site benefits from a community-centric focus and a central location. It is situated in an area undergoing significant revitalization, directly across from South City Park redevelopment and near City Hall, the Police Station, and other central government services. The location offers signage opportunities. The average daily traffic count is 23,872 cars. It is located one block from Redding's downtown district. The property is located on S. Market with high traffic count exposure, near City Hall and close to Downtown Redding. The property size is 68389 square feet.
    Location Intelligence

    Current Use by Public Records

    Convenant Health Insurance Insurance Company Gene's Drive-In Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3876266
    Latitude
    40.5735676

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    FAQs

    What type of property is this?
    Land - Prime Redding location near revitalized South City Park and downtown.
    Where is this land located?
    The property is located at 2515 South Market St Redding, CA.
    What are key features of this property?
    This property features: - High Traffic Volume: Average daily traffic count of 23,872 cars ensures maximum visibility.; - Prime Development Opportunity: High-traffic, hard corner location in a promising area.; - Vibrant Redevelopment Zone: Situated in an area undergoing significant revitalization with heavy city investment.
    (530) 605-5169
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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
    2515 South Market St Redding, CA 96001
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