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    16757 Eastshore Rd Redding, CA 96003

    Sponsored
    For Sale
    $5,000,000

    245 Acres, Seller Financing Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This expansive 245-acre property presents a unique investment opportunity in Redding, California. Located at 16757 Eastshore Rd, 96003, this land comprises five contiguous parcels (APN: 115-320-003, 115-320-002, 115-320-004, 115-320-007, 115-320-006) in Shasta County. The property is zoned IR (Interim Rural Residential), offering significant potential for development. Imagine the possibilities – a large-scale ranch operation, or subdivision into several smaller ranches. The asking price is $5,000,000, and seller financing may be available, making this an attractive proposition for various buyers. The property's prime location in Redding, CA, provides easy access to local amenities while maintaining a sense of rural seclusion. This raw land presents a blank canvas for your vision, whether it's agricultural pursuits, a private estate, or a strategic land investment. Detailed information on zoning regulations and development possibilities is readily available. Don't miss this chance to acquire a substantial piece of Northern California land. Contact us today to learn more and schedule a viewing.

    Property Features for 16757 Eastshore Rd

    General Information

    Property type
    Farms
    Lot Size
    10,672,200 SF

    HighLights

    • $5,000,000 asking price.
    • 245‑acre land parcel in Redding, CA.
    • Five parcels totaling 245 acres (APN: 115‑320‑003, 115‑320‑002, 115‑320‑004, 115‑320‑007, 115‑320‑006).
    • Interim Rural Residential (IR) zoning.
    • Seller financing may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dan Gill Car ... Car Repair And Maintenance Service

    Suggested Use

    Auto Repair Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.4390612
    Latitude
    40.6302893

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    FAQs

    What type of property is this?
    Farm - 245 Acres, Seller Financing Possible
    Where is this farm located?
    The property is located at 16757 Eastshore Rd Redding, CA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $5,000,000 asking price.; 245-acre land parcel in Redding, CA.; Five parcels totaling 245 acres (APN: 115-320-003, 115-320-002, 115-320-004, 115-320-007, 115-320-006).
    Request Owner's contact information
    16757 Eastshore Rd Redding, CA 96003
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    Redding, CA 96003
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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
    16757 Eastshore Rd Redding, CA 96003
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