Property profile

628 Rio St Red Bluff, CA 96080

OFF-MARKET
Commercial land
Property ID
US09-1658111
0.78 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0-unit commercial land parcel, located at 628 Rio Street in Red Bluff, CA 96080, presents a unique investment opportunity. Priced at $240,000, this leveled and graded lot boasts convenient access to Highway 5 and is situated in a high-traffic area, close to downtown Red Bluff. The property offers stunning riverfront views and is ideal for a variety of commercial ventures, including restaurants, bars, venues, offices, or retail spaces. The site is prepared for heavy trucks and equipment, featuring road base and gravel. Red Bluff's vibrant downtown area, a hub for outdoor watersports, fishing, dining, and entertainment, is just a block away, ensuring high visibility and foot traffic. This location combines natural beauty with significant business potential, making it an attractive investment for those seeking a rewarding commercial venture. Note that a similar property, 600 Rio Street, is also available for sale. This is a rare opportunity to own prime waterfront commercial land in a thriving California town.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.78 ac (33,927 SF)
APN 029-423-010-000
UPID US09-1658111

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

628 Rio St Red Bluff, CA 96080-3340
Red Bluff metro Census 500 RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2022
Last sale
$100,000
7 recorded transactions
2022
Price N/A
2022
Price N/A
2021
$100,000
2017
Price N/A
2009
Price N/A
2002
Price N/A
1999
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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