Riverfront Light Industrial
For Sale
$1,300,000
19886 Riverside Ave, Anderson, CA 96007
10.6-acre riverfront parcel with level terrain, 330 feet of frontage, and an on-site 4,200 SF shop.
Property Size4,200 SF
Lot Size10.60 Acres
Price / SF$309.52
Days on Market941
Property Features for 19886 Riverside Ave
General Information
Standard status
Active
Size
4,200 SF
Lot size
10.60 Acres
Property subtype
Land
Additional Details
Highway Access
Yes
Drive-In Doors
3
Listing Agency:
Redding Mall Properties
(530) 243-6968
Listed By:
Michele Goedert
(530) 227-4655
Source:
Exprealty
Added: Mar 26, 2024
Changed: Oct 7
Last Checked: Oct 21 at 1:48AM
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 Redding Mall Properties
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Investment Insights
Based on property information with market context.
A 10.6-acre riverfront commercial and light industrial parcel offering 330 lineal feet of Sacramento River frontage and level terrain. The property includes a 4,200-square-foot shop with three 16-foot bay doors, along with a 3-bedroom/2-bath residence and a barn, providing immediate on-site utility and accommodation.
The location offers easy access to I-5 and Hwy 273. The site is adjacent to Sierra Pacific Industries and near a newer mini-storage facility and a new Multi Agency Fire Station, supporting a practical mix of light industrial and commercial development activity in the area.
Zoning is described as permitting a wide array of commercial and light industrial ventures, giving flexibility for prospective buyers evaluating redevelopment or other site use plans.
The location offers easy access to I-5 and Hwy 273. The site is adjacent to Sierra Pacific Industries and near a newer mini-storage facility and a new Multi Agency Fire Station, supporting a practical mix of light industrial and commercial development activity in the area.
Zoning is described as permitting a wide array of commercial and light industrial ventures, giving flexibility for prospective buyers evaluating redevelopment or other site use plans.
Key Highlights
- 10.6‑acre riverfront parcel with 330 linear feet of Sacramento River frontage and level terrain
- On‑site 4,200 SF shop with three 16‑foot bay doors
- Includes a 3‑bedroom, 2‑bath residence plus a barn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,126
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,520
$1.2M
Cap Rate 7%
$830,371
$830.4K
Cap Rate 9%
$645,844
$645.8K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$74.1K $17.64/SF
− Vacancy
−$5.7K −$1.36/SF
EGI
$68.4K $16.28/SF
− OpEx
−$10.3K −$2.44/SF
NOI
$58.1K $13.84/SF
Area
Shasta County, CA
Vacancy
7.70%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,520
Cap Rate 7%
$830,371
Cap Rate 9%
$645,844
Alternative Uses
Best Use
Warehouse
$830.4K
$726.6K – $968.8K
NOI $58,126 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$935.1K
$818.2K – $1.09M
NOI $65,454 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 96007, CA
24,056
Population
10,755
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
122.5 sq mi
ZIP Area
196
Density / Sq Mi
$65,000
Median Household Income
$41,148
Median Earnings
$1,037
Median Rent
$284,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Waterfront Land - 10.6-acre riverfront parcel with level terrain, 330 feet of frontage, and an on-site 4,200 SF shop.
Where is this waterfront land located?
The property is located at 19886 Riverside Ave Anderson, 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: 10.6‑acre riverfront parcel with 330 linear feet of Sacramento River frontage and level terrain; On‑site 4,200 SF shop with three 16‑foot bay doors; Includes a 3‑bedroom, 2‑bath residence plus a barn
