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    I-5 & Knighton Rd Redding, CA 96002

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    For Lease
    Contact for pricing

    Prime Retail Land, I-5 & Knighton Rd

    Lot size:
    1,089,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a rare investment opportunity in Shasta County, California. Located at the strategic intersection of I-5 and Knighton Road in Redding, this property boasts unparalleled visibility and accessibility. The site's size ranges from a generous 3.17 acres to a substantial 25 acres, providing flexibility for a variety of development projects. Its commercial zoning allows for diverse uses, catering to a wide range of businesses. The location benefits from high traffic volume, with over 80,000 vehicles daily traversing I-5 between Redding and Anderson. This prime location places the property in the direct path of the ongoing urban expansion, as both cities continue to grow and merge. Proximity to the local airport further enhances its appeal and potential for future development. The multiple tenancy option allows for diverse development plans, maximizing the property's potential return on investment. This is an exceptional opportunity to capitalize on the robust growth and strategic location of this Redding, CA property, situated in the 96002 zip code. The property is zoned for commercial use and offers significant potential for retail development. The expansive acreage provides ample space for large-scale projects or the possibility of subdividing for multiple tenants. Don't miss this chance to secure a piece of prime commercial real estate in a thriving California market.

    Property Features for 0 I-5 & Knighton Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,089,000 SF

    Unit(s) available at that property

    Space
    Size
    1,089,000 SF

    HighLights

    • 3.17‑acre parcel with commercial zoning.
    • Existing Planned Development (PD) in place, ready for permitting.
    • Approximately 25 acres of additional land available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3470808
    Latitude
    40.5264385

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, I-5 & Knighton Rd
    Where is this land located?
    The property is located at I-5 & Knighton Rd Redding, CA.
    What are key features of this property?
    This property features: 3.17-acre parcel with commercial zoning.; Existing Planned Development (PD) in place, ready for permitting.; Approximately 25 acres of additional land available.
    Request Owner's contact information
    I-5 & Knighton Rd Redding, CA 96002
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    Redding, CA 96002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    I-5 & Knighton Rd Redding, CA 96002
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