Office Suite with Private
New
For Sale
$329,900
2620 Larkspur Lane, Redding, CA 96002
Commercial Sale, Redding, CA
Property Size1,140 SF
Price / SF$289.39
Days on Market4
Property Features for 2620 Larkspur Lane
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Conforming
Parking features
On Street, Off Street
Directions
From the corner of East Cypress and Larkspur, head south on Larkspur. Building is on the right.
Subdivision
Red Bluff SE
Standard status
Active
APN
107-060-040-570
Size
1,140 SF
Building Details
Year built
2006
Flooring type
Carpet
Building materials
Stucco
Roof type
Tar/Gravel
Listing Agency:
Access Real Estate
(530) 223-6143
Listed By:
Mike A Neves · License #01154887
(530) 227-2962
Added: Oct 7
Last Checked: Oct 10 at 9:06AM
MLS# 26-5870
Copyright © 2026 Shasta Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,140-square-foot office suite contains four private offices of equal size, a lobby, a kitchen, and private bathroom areas. The interior was completed just over 3 years ago after the space began as a shell. Stucco construction, carpet flooring, and a tar-and-gravel roof are noted; the building was constructed in 2006, and the roof is described as only a few years old.
Businesses in the complex include lenders and financial services providers, as well as a hair salon and an eye doctor. Parking is available both on and off the street.
Businesses in the complex include lenders and financial services providers, as well as a hair salon and an eye doctor. Parking is available both on and off the street.
Key Highlights
- 1,140 square feet of office space
- Four private offices, each the same size
- Lobby, kitchen, and private bathroom areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,727
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,540
$274.5K
Cap Rate 7%
$196,100
$196.1K
Cap Rate 9%
$152,522
$152.5K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$23.3K $20.40/SF
− Vacancy
−$5.0K −$4.35/SF
EGI
$18.3K $16.05/SF
− OpEx
−$4.6K −$4.01/SF
NOI
$13.7K $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%
$274,540
Cap Rate 7%
$196,100
Cap Rate 9%
$152,522
Alternative Uses
Best Use
Office B
$196.1K
$171.6K – $228.8K
NOI $13,727 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$253.8K
$222.1K – $296.1K
NOI $17,766 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,043
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
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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 units - Four equally sized offices are arranged around a lobby, with a kitchen and private bathroom areas.
Where is this office units located?
The property is located at 2620 Larkspur Lane Redding, CA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 1,140 square feet of office space; Four private offices, each the same size; Lobby, kitchen, and private bathroom areas
