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    2681 Hartnell Ave Redding, CA 96002

    Sponsored
    For Sale
    $450,000

    Prime multi-family development site. 2.2 acres, RM-12 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.2-acre commercial land parcel presents a remarkable opportunity for multi-family development in East Redding, CA. Located at 2681 Hartnell Avenue, this property boasts a desirable RM-12 zoning designation, allowing for the construction of up to 26 units, subject to necessary entitlements and potential density bonuses. The site comprises two mostly level parcels, simplifying development. Conveniently situated near schools and grocery stores, this location offers excellent accessibility and appeal to potential residents. City water, sewer, and electrical services are readily available at the street, streamlining infrastructure connections. Preliminary reviews suggest the land is not located within any floodplains, floodways, or waterways. The APN is 110-020-009, 008. This straightforward raw land is ready for immediate development, making it an ideal investment for experienced developers seeking a prime location in a thriving community. The asking price is $450,000.

    Property Features for 2681 Hartnell Ave

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2 acres of mostly level land in East Redding, CA.
    • RM‑12 zoning allows for up to 26 multi‑family units, subject to entitlements.
    • City water, sewer, and electricity readily available.
    • Excellent location, walking distance to schools and grocery stores.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.32122
    Latitude
    40.562955

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    FAQs

    What type of property is this?
    Land - Prime multi-family development site. 2.2 acres, RM-12 zoning.
    Where is this land located?
    The property is located at 2681 Hartnell Ave Redding, CA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 2.2 acres of mostly level land in East Redding, CA.; RM-12 zoning allows for up to 26 multi-family units, subject to entitlements.; City water, sewer, and electricity readily available.
    (530) 226-1160
    Request Owner's contact information
    2681 Hartnell Ave 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
    2681 Hartnell Ave Redding, CA 96002
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