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    Nwc Of Shasta Vw Dr. & Rancho Rd Redding, CA 96002

    Sponsored
    For Sale
    $2,750,000

    Prime Redding location, 10 acres, shopping center zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Redding, California. Ideally situated at the Northwest corner of Shasta View Drive and Rancho Road, this property boasts convenient access to Interstate 5 via Churn Creek Road, which transitions into Rancho Road. The site is surrounded by a dense residential area, poised for significant future growth planned to the south. Its strategic location offers high demand, despite the nearest grocery store being approximately two miles away. This property is zoned for a shopping center, making it perfectly suited for a variety of commercial developments. The parcel's size and location provide ample space for a substantial project, capitalizing on the area's growing population and convenient access to major transportation routes. The Assessor's Parcel Number (APN) is 054-090-029-000. The asking price for this exceptional opportunity is $2,750,000. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area of Redding.

    Property Features for 0 Nwc Of Shasta Vw Dr. & Rancho Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $2,750,000 asking price for 10 acres of commercial land.
    • Shopping center zoning.
    • Located at the Northwest corner of Shasta View Dr. & Rancho Rd, Redding, CA 96002 (APN 054‑090‑029‑000).
    • Easy Interstate 5 access via Churn Creek/Rancho Road.
    • Surrounded by dense residential areas with planned future growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.31798684
    Latitude
    40.53472359

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    FAQs

    What type of property is this?
    Land - Prime Redding location, 10 acres, shopping center zoning.
    Where is this land located?
    The property is located at Nwc Of Shasta Vw Dr. & Rancho Rd Redding, CA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: $2,750,000 asking price for 10 acres of commercial land.; Shopping center zoning.; Located at the Northwest corner of Shasta View Dr. & Rancho Rd, Redding, CA 96002 (APN 054-090-029-000).
    Request Owner's contact information
    Nwc Of Shasta Vw Dr. & Rancho Rd 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

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    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
    Nwc Of Shasta Vw Dr. & Rancho Rd Redding, CA 96002
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