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Fully Sprinklered Flex Space with Grade Doors
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1691 Zachi Way, Redding, CA 96003

Industrial flex building with fully sprinklered shop, three grade level doors, fenced yard, and on-site parking.

Property Size6,250 SF
Price / SF$208
Days on Market154

Property Features for 1691 Zachi Way

General Information

Standard status Active
Size 6,250 SF
Property subtype FLEX_R_AND_D

Warehouse & Industrial

Drive-In Doors 3
Sprinkler System Yes

Additional Details

Fenced Yard Yes
Listing Agency: Capital Rivers Commercial
Listed By: Ryan Haedrich · License #01747622
Source: Moodyscre
Added: May 15 Changed: Oct 13 Last Checked: Oct 14 at 10:59PM

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 Capital Rivers Commercial

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Investment Insights

Based on property information with market context.

Industrial/shop/flex building at 1691 Zachi Way in Redding, CA 96003. The facility is fully sprinklered and includes an air compressor with air plumbed through the shop. The building is supported for shop operations with three (3) grade level doors, plus a fenced yard and on-site parking.

The site includes adjacent parcels, offering possible expansion or development potential. This layout can be attractive for tenants needing straightforward industrial access combined with additional outdoor storage and room to grow on the same set of parcels.

Overall, the property presents a practical flex-use configuration with core operational features already in place, including sprinkler protection, shop air distribution, and grade-level loading.

Key Highlights

  • Fully sprinklered industrial/shop/flex building
  • Air compressor with air plumbed through the shop
  • Three (3) grade level doors for shop access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,352
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,507,040 $1.5M
Cap Rate 7%
$1,076,457 $1.1M
Cap Rate 9%
$837,244 $837.2K
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$115.5K $18.48/SF
− Vacancy
−$7.9K −$1.26/SF
EGI
$107.6K $17.22/SF
− OpEx
−$32.3K −$5.17/SF
NOI
$75.4K $12.06/SF
Area
Shasta County, CA
Vacancy
6.80%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,507,040
Cap Rate 7%
$1,076,457
Cap Rate 9%
$837,244

Alternative Uses

Best Use
Industrial
$1.08M
$941.9K – $1.26M (±1% cap)
NOI $75,352 @ 7.0% cap · market cap 5.80%
Second Best
Flex RnD
$993.1K
$869.0K – $1.16M (±1% cap)
NOI $69,519 @ 7.0% cap · market cap 5.35%
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,403 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

No-Cal Rod & Custom Auto Repair Shop Gheen Builders, Inc. Construction Company

Suggested Use

Top Pick Restaurant Parking Lot & Garage HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby
Well-served
Demand for This Use

Demographics for 96003, CA

45,185
Population
19,873
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
111.2 sq mi
ZIP Area
406
Density / Sq Mi
$71,801
Median Household Income
$39,295
Median Earnings
$1,402
Median Rent
$370,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex building with fully sprinklered shop, three grade level doors, fenced yard, and on-site parking.
Where is this flex space located?
The property is located at 1691 Zachi Way Redding, 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: Fully sprinklered industrial/shop/flex building; Air compressor with air plumbed through the shop; Three (3) grade level doors for shop access
(530) 917-4981 Call to check price and availability
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