Property summary
This exceptional 2.2-acre commercial land parcel presents a remarkable opportunity for multi-family development in East Redding, CA. Located at 2681 Hartnell Avenue, this property boasts a desirable RM-12 zoning designation, allowing for the construction of up to 26 units, subject to necessary entitlements and potential density bonuses. The site comprises two mostly level parcels, simplifying development. Conveniently situated near schools and grocery stores, this location offers excellent accessibility and appeal to potential residents. City water, sewer, and electrical services are readily available at the street, streamlining infrastructure connections. Preliminary reviews suggest the land is not located within any floodplains, floodways, or waterways. The APN is 110-020-009, 008. This straightforward raw land is ready for immediate development, making it an ideal investment for experienced developers seeking a prime location in a thriving community. The asking price is $450,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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