Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Redding Retail Space For Lease Title is generated by Realmo AI

    1812 Park Marina Dr, Redding, CA 96001

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.15 SF/Yr $8,306/Mo (calc)

    Prime location with high visibility and ample parking.

    Type:Retail
    Property size:
    86,675 SF
    Added:
    Nov 25, 2025
    Days on Market:
    179
    Last Refresh:
    Apr 5 at 8:44 pm

    Property Features for 1812 Park Marina Dr

    General Information

    Standard status
    Active
    Size
    86,675 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1979

    Spaces For Lease

    at 1812 Park Marina Dr Contact us

    We can help!

    Listing Contact
    Jess Whitlow, CCIM

    Listing agent Jess Whitlow, CCIM License #CalDRE #01941996

    Listing office

    Listing date Nov 25, 2025

    Source Coxrec

    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

    HighLights

    • Prime location directly across from Highway 44 onramp and less than 1 mile from I‑5, ensuring easy commuting and accessibility.
    • High visibility along Park Marina Drive with great signage opportunities, seen from Hwy 44 with traffic counts of 44,250 Cars Per Day.
    • One exit from Downtown Redding.
    • Abundant natural light from windows on the north and east sides.
    • Ample parking for clients and employees.
    • Functional floor plan.

    Overview

    Park Marina Plaza offers a location for businesses seeking convenience, visibility, and flexibility. Positioned directly across from the Highway 44 onramp and less than a mile from I-5, this property ensures commuting and accessibility. With signage opportunities and high visibility along Park Marina Drive, it is an ideal location just one exit from Downtown Redding. The available space features natural light with windows on the north and east sides, ample parking, and a functional floor plan. Located right of Hwy 44 and only 1 mile from the I-5 Intersection in central Redding, CA, Park Marina Plaza is located on Park Marina Drive which runs along the Sacramento River. It is seen from HWY 44 with traffic counts of 44,250 Cars Per Day. The property size is 86675 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.378
    Latitude
    40.5854

    Nearby Similar for Lease

    • $999/Mo

      Versatile Commercial Space in Redding

      Adaptable commercial space suitable for various business types.
      2494 Beverly Drive, Redding, CA 96002
      View Details
    • $2,500/Mo
      2,250 SF

      Redding Office Space For Rent

      Commercial office space featuring private offices and open area.
      833 Mistletoe Lane, Redding, CA 96002
      View Details
    • $1,200/Mo

      Versatile Commercial Space Available Now

      Commercial space suitable for retail, office, or other business ventures.
      851 Commerce Street, Redding, CA 96002
      View Details
    • $1,650/Mo

      Redding Office Space Available

      Office space with five separate offices and reception area.
      855 Industrial Street, Redding, CA 96002
      View Details
    • $2 SF/Yr
      11,564 SF

      Redding Office Space Near I-5

      Office space with Sacramento River views and I-5 access.
      3951 S Bonnyview Rd, Redding, CA 96001
      View Details
    • $475/Mo
      9,790 SF

      Professional Office Suites For Sale

      Centrally located, renovated office building with high-end interior finishes.
      1155 Del Monte Street, Redding, CA 96002
      View Details
    • $0.45 SF/Yr
      32,000 SF

      Spacious Open Office Space Available

      Open office spaces near I-5, suitable for various business needs.
      4300-4352 Caterpillar Road, Redding, CA 96003
      View Details
    • $985/Mo
      5,952 SF

      Redding Office Space For Lease

      2976 SF office space with flexible leasing options.
      804 E Cypress Ave, Redding, CA 96002
      View Details
    • $1,100/Mo
      670 SF

      Redding Office Space For Rent

      Newly remodeled office space with mountain views and ample parking.
      351 Northpoint Dr, Redding, CA
      View Details
    • $375/Mo
      6,100 SF

      Professional Office Space For Rent

      Professional office space with common amenities and easy I-5 access.
      169 Hartnell Ave, Redding, CA 96002
      View Details
    • $1,025/Mo

      Renovated Office Space in Redding

      Recently renovated office suites in a convenient Redding location.
      1300 Court St, Redding, CA 96001
      View Details
    • $0.65 SF/Yr
      30,000 SF

      Park Marina Plaza Anchor Space

      10,236 SF space for office, medical, or retail.
      1876 Park Marina Drive, Redding, CA 96001
      View Details

    FAQs

    What type of property is this?
    Strip mall - Prime location with high visibility and ample parking.
    Where is this strip mall located?
    The property is located at 1812 Park Marina Dr Redding, CA.
    What is the lease rate?
    The lease rate is $1.15 SF/Yr.
    What are key features of this property?
    This property features: Prime location directly across from Highway 44 onramp and less than 1 mile from I‑5, ensuring easy commuting and accessibility.; High visibility along Park Marina Drive with great signage opportunities, seen from Hwy 44 with traffic counts of 44,250 Cars Per Day.; One exit from Downtown Redding.
    (530) 605-5169
    We can help!
    Listing Contact
    Jess Whitlow, CCIM
    Real Estate License ID: CalDRE #01941996
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1812 Park Marina Dr, Redding, CA 96001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!