Flex Space with
New
For Sale
$1,600,000
2820 Bechelli Lane, Redding, CA 96002
Commercial Sale, Redding, CA
Property Size8,000 SF
Price / SF$200
Days on Market7
Property Features for 2820 Bechelli Lane
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Redding GC General Commercial
Parking features
On Street, Off Street
Directions
I-5 North to Cypress Ave exit. Turn left on Cypress Ave, then left on Bechelli Ln. Property is located at 2820 Bechelli Ln.
Subdivision
04 - SW Redding
Standard status
Active
APN
107-450-009-000
Size
8,000 SF
Building Details
Year built
1975
Building materials
Wood Siding, Block
Roof type
Composition
Listing Agency:
Josh Barker Real Estate · RE/MAX International
Listed By:
Josh Barker · License #01277485
(530) 222-3800
Added: Sep 9
Changed: Sep 15
Last Checked: Sep 15 at 11:06AM
MLS# 26-4952
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 8,000-square-foot flex property, built in 1975, brings together an open showroom and work area with warehouse, storage, retail, and service space. Concrete floors, multiple roll-up doors, truck access, and parking support a range of commercial operations. The building also includes wood siding, block construction, and a composition roof.
Positioned on Bechelli Lane near Hartnell Avenue in Redding, the property offers access from a visible commercial corridor along with off-street and on-street parking. Prominent signage opportunities are available, and the General Commercial setting supports retail, wholesale, service, distribution, and related commercial uses.
Positioned on Bechelli Lane near Hartnell Avenue in Redding, the property offers access from a visible commercial corridor along with off-street and on-street parking. Prominent signage opportunities are available, and the General Commercial setting supports retail, wholesale, service, distribution, and related commercial uses.
Key Highlights
- 8,000‑square‑foot commercial building on Bechelli Lane
- Showroom, retail, warehouse, storage, and service areas
- Multiple roll‑up doors with truck access
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
$110,716
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
6.92%
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%
$2,214,320
$2.2M
Cap Rate 7%
$1,581,657
$1.6M
Cap Rate 9%
$1,230,178
$1.2M
Market Conditions
NOI Build-Up for 8,000 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
$141.1K $17.64/SF
− Vacancy
−$10.9K −$1.36/SF
EGI
$130.3K $16.28/SF
− OpEx
−$19.5K −$2.44/SF
NOI
$110.7K $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 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%
$2,214,320
Cap Rate 7%
$1,581,657
Cap Rate 9%
$1,230,178
Alternative Uses
Best Use
Warehouse
$1.58M
$1.38M – $1.85M
NOI $110,716 @ 7.0% cap · market cap 6.92%
Second Best
Retail
$1.50M
$1.31M – $1.75M
NOI $104,970 @ 7.0% cap · market cap 6.56%
Theoretical Best
Specialty Retail
$1.78M
$1.56M – $2.08M
NOI $124,675 @ 7.0% cap · market cap 7.79%
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
1,651
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Building combines retail, warehouse, and service areas with truck access and roll-up doors.
Where is this flex space located?
The property is located at 2820 Bechelli Lane Redding, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8,000‑square‑foot commercial building on Bechelli Lane; Showroom, retail, warehouse, storage, and service areas; Multiple roll‑up doors with truck access
