2321 Court St Redding, CA 96001
5,244 SF building suitable for medical or professional office.
- Added:
- Jan 22, 2024
- Days on Market:
- 901
- Last Refresh:
- May 12 at 10:38 pm
Property Features for 2321 Court St
General Information
- Standard status
- Active
- Size
- 5,244 SF
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing office Whitlow Commercial Real Estate Inc. (530) 605-5169
Listing date Jan 22, 2024
Source Crexi
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 Whitlow Commercial Real Estate Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- 5,244 SF standalone building offers significant space and independence.
- Easily convertible to conventional medical or professional office use.
- Includes 6 plumbed exam rooms (or offices), suitable for medical or professional services.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.0k | $20.40 |
| − Vacancy | −$22.8k | −$4.35 |
| EGI | $84.2k | $16.05 |
| − OpEx | −$21.0k | −$4.01 |
| NOI | $63.1k | $12.04 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Craig Jonathon DVM — 1825 Buenaventura Blvd, Redding, CA 96001
- Westside Pet Hospital — 1825 Buenaventura Blvd, Redding, CA 96001