Two-Story Class A Office
For Sale
Contact for pricing
2195 Larkspur Ln, Redding, CA 96002
Elevator-served two-story office with shared restrooms and break room on a high-visibility corner.
Property Size29,632 SF
Price / SF$168.74
Days on Market150
Property Features for 2195 Larkspur Ln
General Information
Standard status
Active
Size
29,632 SF
Class
class A
Elevators
Yes
Property subtype
OFFICE
Additional Details
Cap Rate
7%
Highway Access
Yes
Amenities
shared restrooms
break room
Building Details
Stories
2
Building Size
29,632 SF
Listing Agency:
Capital Rivers Commercial
(916) 514-5225
Listed By:
Tyler Jardine · License #01411003
(530) 524-1537
Source:
Moodyscre
Added: May 14
Changed: Oct 7
Last Checked: Oct 9 at 9:19PM
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
Investment Insights
Based on property information with market context.
This two-story Class A office building offers 29,632 SF in an elevator-served configuration with shared restrooms and a break room. The property presents as a high-visibility corner location with convenient on-site parking available for occupants and visitors.
2195 Larkspur Ln is in Redding, CA, with easy access to I-5 and Highway 44 and nearby amenities.
For buyers evaluating performance, the offering includes a stated 7% cap rate. The combination of an elevator-served layout, practical on-site parking, and straightforward freeway access supports a broad range of office use needs.
2195 Larkspur Ln is in Redding, CA, with easy access to I-5 and Highway 44 and nearby amenities.
For buyers evaluating performance, the offering includes a stated 7% cap rate. The combination of an elevator-served layout, practical on-site parking, and straightforward freeway access supports a broad range of office use needs.
Key Highlights
- 29,632 SF two‑story Class A office building
- Elevator‑served building with shared restrooms and break room
- High‑visibility corner location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$356,802
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,136,040
$7.1M
Cap Rate 7%
$5,097,171
$5.1M
Cap Rate 9%
$3,964,467
$4.0M
Market Conditions
NOI Build-Up for 29,632 SF
Gross rent
$604.5K $20.40/SF
− Vacancy
−$128.8K −$4.35/SF
EGI
$475.7K $16.05/SF
− OpEx
−$118.9K −$4.01/SF
NOI
$356.8K $12.04/SF
Area
Shasta County, CA
Vacancy
21.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,136,040
Cap Rate 7%
$5,097,171
Cap Rate 9%
$3,964,467
Alternative Uses
Best Use
Office B
$5.10M
$4.46M – $5.95M
NOI $356,802 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.60M
$5.77M – $7.70M
NOI $461,797 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,748
Businesses Nearby
Explore this area
Business Placement
Demographics for 96002, CA
35,158
Population
13,685
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
30.6 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,230
Median Household Income
$40,454
Median Earnings
$1,281
Median Rent
$347,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Elevator-served two-story office with shared restrooms and break room on a high-visibility corner.
Where is this office building located?
The property is located at 2195 Larkspur Ln Redding, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 29,632 SF two‑story Class A office building; Elevator‑served building with shared restrooms and break room; High‑visibility corner location
