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    Downtown Redding Professional Office Space Title is generated by Realmo AI

    2001 Market Street, Redding, CA 96001

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    Newly renovated office building in downtown Redding available June 2025.

    Type:Office
    Property size:
    8,915 SF
    Added:
    Sep 29, 2020
    Days on Market:
    2053
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 2001 Market Street

    General Information

    Standard status
    Active
    Size
    8,915 SF
    Property subtype
    Office

    Building Details

    Year Built
    1987

    Spaces For Lease

    at 2001 Market Street Contact us

    Suite 201 $1.60 /Mo

    Size
    1,332 SF
    Type
    Office
    $1.60 SF/monthn2nd floor professional office suite with large open cubicle/collaborative...
    show more
    Contact us

    We can help!

    Listing Contact
    Tyler Jardine, CCIM
    Tyler Jardine, CCIM

    Listing agent Tyler Jardine, CCIM License #01411003

    Listing office Capital Rivers Commercial - Haedrich Group

    Listing date Sep 29, 2020

    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 Capital Rivers Commercial - Haedrich Group

    HighLights

    • Excellent accessibility and strong visibility at the corner of Market Street and Lincoln Street.
    • Located adjacent to Redding's next planned mixed‑use development.
    • Newly renovated ±8,915 square‑foot building with a ±1,332 square‑foot suite available.
    • Functional layout with access to shared first‑floor conference room and restrooms.
    • Ample parking for employees and visitors.
    • Available for occupancy June 1, 2025.

    Overview

    Located at the corner of Market Street and Lincoln Street, this professional office building offers workspace in Redding’s downtown core. The renovated 8,915 square-foot building has a second-floor suite available for lease. Suite 201, measuring 1,332 square feet, provides a functional layout with access to shared first-floor amenities, including a conference room and restrooms. The property benefits from accessibility from all parts of Redding and sits adjacent to the city’s next planned mixed-use development, currently in the design phase. Tenants will appreciate the visibility and ease of access, along with ample parking. This office space is suited for businesses looking for a modern and convenient setting in downtown Redding. The space will be available for occupancy on June 1, 2025, offering businesses an opportunity to establish a presence in a growing downtown market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Summit Funding, Inc. Loan Service Magnolia Homes Real Estate Agency Fidelity National Title ... Title Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3883414
    Latitude
    40.579114

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    FAQs

    What type of property is this?
    Office building - Newly renovated office building in downtown Redding available June 2025.
    Where is this office building located?
    The property is located at 2001 Market Street Redding, CA.
    What are key features of this property?
    This property features: Excellent accessibility and strong visibility at the corner of Market Street and Lincoln Street.; Located adjacent to Redding's next planned mixed‑use development.; Newly renovated ±8,915 square‑foot building with a ±1,332 square‑foot suite available.
    (530) 221-1127 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tyler Jardine, CCIM
    Tyler Jardine, CCIM
    Real Estate License ID: 01411003
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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