Fenced-Yard Flex
For Sale
$500,000
5163 Eastside Road, Redding, CA 96001
Concrete block flex property with office space, roll-up access, and a fully fenced yard.
Property Size3,598 SF
Price / SF$138.97
Days on Market195
Property Features for 5163 Eastside Road
General Information
Standard status
Active
Size
3,598 SF
Property subtype
Industrial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
17 ft
Drive-In Doors
2
Building Details
Building Size
3,598 SF
Year Built
1991
Buildings
1
Construction
concrete block
Properties For Sale
at 5163 Eastside Road Contact us- Size
- 3,598 SF
- Lease Type
- Modified Gross
5163 Eastside Rd
Listing Agency:
Capital Rivers Commercial
(530) 524-1537
Listed By:
Tyler Jardine · License #01411003
(530) 524-1537
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 31
Last Checked: Aug 31 at 1:41AM
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 flex property combines a concrete block warehouse with office space in a building constructed in 1991. The approximately 3,598-square-foot layout includes about 17 feet of ceiling clearance, two grade-level roll-up doors measuring 12 feet by 14 feet, and two restrooms.
A fully enclosed yard supports vehicle parking, equipment staging, and material storage. Access from both Eastside Road and N Bonnyview Road enables truck pull-through movement and accommodates larger vehicles. The property sits within an industrial corridor in Redding surrounded by industrial and service-oriented businesses, with access to surrounding arterial roadways. The building and yard configuration is suited to fleet, contractor, and light manufacturing operations.
A fully enclosed yard supports vehicle parking, equipment staging, and material storage. Access from both Eastside Road and N Bonnyview Road enables truck pull-through movement and accommodates larger vehicles. The property sits within an industrial corridor in Redding surrounded by industrial and service-oriented businesses, with access to surrounding arterial roadways. The building and yard configuration is suited to fleet, contractor, and light manufacturing operations.
Key Highlights
- Approximately 3,598 square feet of warehouse and office space
- Concrete block construction; built in 1991
- Approximately 17 feet of ceiling height
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
$43,379
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
8.68%
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%
$867,580
$867.6K
Cap Rate 7%
$619,700
$619.7K
Cap Rate 9%
$481,989
$482.0K
Market Conditions
NOI Build-Up for 3,598 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
$66.5K $18.48/SF
− Vacancy
−$4.5K −$1.26/SF
EGI
$62.0K $17.22/SF
− OpEx
−$18.6K −$5.17/SF
NOI
$43.4K $12.06/SF
Area
Shasta County, CA
Vacancy
6.80%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
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%
$867,580
Cap Rate 7%
$619,700
Cap Rate 9%
$481,989
Alternative Uses
Best Use
Warehouse
$711.3K
$622.4K – $829.9K
NOI $49,794 @ 7.0% cap · market cap 9.96%
Second Best
Industrial
$619.7K
$542.2K – $723.0K
NOI $43,379 @ 7.0% cap · market cap 8.68%
Theoretical Best
Specialty Retail
$801.0K
$700.9K – $934.6K
NOI $56,073 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
17 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 96001, CA
33,914
Population
14,370
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
72.4 sq mi
ZIP Area
468
Density / Sq Mi
$70,594
Median Household Income
$42,316
Median Earnings
$1,238
Median Rent
$385,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Concrete block flex property with office space, roll-up access, and a fully fenced yard.
Where is this flex space located?
The property is located at 5163 Eastside Road Redding, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 3,598 square feet of warehouse and office space; Concrete block construction; built in 1991; Approximately 17 feet of ceiling height
