Industrial Mixed-Use Property with
For Sale
$625,000
3307 Tarmac Road, Redding, CA 96003
Commercial Sale, Redding, CA
Property Size2,500 SF
Lot Size10.00 Acres
Price / SF$250
Days on Market52
Property Features for 3307 Tarmac Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Redding GI General Industrial
Parking features
Off Street
Directions
Shasta View to East on Tarmac.
Subdivision
02 - NE Redding
Standard status
Active
APN
109-040-019-000
Size
2,500 SF
Lot size
10.00 Acres
Building Details
Year built
1987
Flooring type
Carpet - Full
Roof type
Metal
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Nate Molter · License #01269275
(530) 221-7478
Added: Aug 12
Changed: Oct 2
Last Checked: Oct 2 at 7:06AM
MLS# 26-3871
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 10-acre General Industrial property includes several shop and storage improvements along with a manufactured home on a permanent foundation. The attached 46X36-foot garage has 20 Amp and 30 Amp hookups, two sliding 12'+ tall doors, and a 10' rolling door. A detached 18X73 shop adds office, bathroom, laundry, its own septic system, 9' and 12' roll-up doors, a 13' sliding door, and 220V 3-phase power. A separate 19X20 storage shop provides another roll-up-door workspace.
The residence was built in 1987 and features Hardy board siding, a metal roof, newer HVAC and ducting, updated flooring, custom cabinets, a walk-in pantry, vaulted ceilings, and a living room with a custom wood beam. A large attached game room expands the home's usable space. The property is located in Redding, California, and includes off-street parking.
The residence was built in 1987 and features Hardy board siding, a metal roof, newer HVAC and ducting, updated flooring, custom cabinets, a walk-in pantry, vaulted ceilings, and a living room with a custom wood beam. A large attached game room expands the home's usable space. The property is located in Redding, California, and includes off-street parking.
Key Highlights
- 10 acres of General Industrial property in Redding, CA
- Attached 46X36‑foot garage with 20 Amp and 30 Amp hookups
- Two sliding 12'+ tall doors plus a 10' rolling door
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
$34,599
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
5.54%
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%
$691,980
$692.0K
Cap Rate 7%
$494,271
$494.3K
Cap Rate 9%
$384,433
$384.4K
Market Conditions
NOI Build-Up for 2,500 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
$44.1K $17.64/SF
− Vacancy
−$3.4K −$1.36/SF
EGI
$40.7K $16.28/SF
− OpEx
−$6.1K −$2.44/SF
NOI
$34.6K $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%
$691,980
Cap Rate 7%
$494,271
Cap Rate 9%
$384,433
Alternative Uses
Best Use
Warehouse
$494.3K
$432.5K – $576.7K
NOI $34,599 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$430.6K
$376.8K – $502.4K
NOI $30,141 @ 7.0% cap · market cap 4.82%
Theoretical Best
Specialty Retail
$556.6K
$487.0K – $649.4K
NOI $38,961 @ 7.0% cap · market cap 6.23%
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
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 96003, CA
45,185
Population
19,873
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
111.2 sq mi
ZIP Area
406
Density / Sq Mi
$71,801
Median Household Income
$39,295
Median Earnings
$1,402
Median Rent
$370,500
Median Home Value
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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?
Mixed-use property - Ten-acre General Industrial property combines multiple workspaces, storage buildings, and a manufactured residence with updated features.
Where is this mixed-use property located?
The property is located at 3307 Tarmac Road Redding, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 10 acres of General Industrial property in Redding, CA; Attached 46X36‑foot garage with 20 Amp and 30 Amp hookups; Two sliding 12'+ tall doors plus a 10' rolling door
