Renovated Freestanding Office
For Sale
Contact for pricing
2727 Bechelli Ln, Redding, CA 96002
Freestanding office building with four private offices, a large conference room, expansive training area, and 17 on-site parking spaces.
Property Size2,637 SF
Price / SF$180.13
Days on Market167
Property Features for 2727 Bechelli Ln
General Information
Standard status
Active
Size
2,637 SF
Class
A
Total Parking Spaces
17
Property subtype
Retail, Office
Zoning
General Commercial (CG)
Building Details
Year Built
1951
Year Renovated
2020
Listing Agency:
Capital Rivers Commercial - Haedrich Group
Listed By:
Ryan Haedrich · License #CA 01747622
(530) 221-1127
Source:
Crexi
Added: Mar 28
Changed: Sep 8
Last Checked: Sep 9 at 6:40AM
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 - Haedrich Group
Investment Insights
Based on property information with market context.
2727 Bechelli Lane is a 2,637 SF freestanding office building on a 17,650 SF parcel. Originally built in 1951 and renovated in 2020, the interior includes four private offices, a large conference room, and an expansive training area. The space features abundant natural light and updated finishes, and the offering includes office furnishings.
The property is located just south of the Bechelli Lane and Cypress Avenue intersection within Redding’s established professional corridor. It benefits from strong street presence along Bechelli Lane with visibility to more than 10,000 cars per day, along with convenient access to the I-5 corridor and nearby retail concentrations.
General Commercial (CG) zoning supports office, medical, and select retail uses. Additional site features include 17 on-site parking spaces and a pylon sign.
The property is located just south of the Bechelli Lane and Cypress Avenue intersection within Redding’s established professional corridor. It benefits from strong street presence along Bechelli Lane with visibility to more than 10,000 cars per day, along with convenient access to the I-5 corridor and nearby retail concentrations.
General Commercial (CG) zoning supports office, medical, and select retail uses. Additional site features include 17 on-site parking spaces and a pylon sign.
Key Highlights
- 2,637 SF freestanding office building on a 17,650 SF parcel in Redding, CA (built 1951).
- Renovated in 2020 with updated finishes and a move‑in‑ready layout.
- Interior includes four private offices, a large conference room, and an expansive training area.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,752
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$635,040
$635.0K
Cap Rate 7%
$453,600
$453.6K
Cap Rate 9%
$352,800
$352.8K
Market Conditions
NOI Build-Up for 2,637 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$53.8K $20.40/SF
− Vacancy
−$11.5K −$4.35/SF
EGI
$42.3K $16.05/SF
− OpEx
−$10.6K −$4.01/SF
NOI
$31.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$635,040
Cap Rate 7%
$453,600
Cap Rate 9%
$352,800
Alternative Uses
Best Use
Office B
$453.6K
$396.9K – $529.2K
NOI $31,752 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$587.1K
$513.7K – $684.9K
NOI $41,096 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,902
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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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building with four private offices, a large conference room, expansive training area, and 17 on-site parking spaces.
Where is this office building located?
The property is located at 2727 Bechelli Ln Redding, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,637 SF freestanding office building on a 17,650 SF parcel in Redding, CA (built 1951).; Renovated in 2020 with updated finishes and a move‑in‑ready layout.; Interior includes four private offices, a large conference room, and an expansive training area.
