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    Knollcrest & Hemsted Dr Redding, CA 96002

    Sponsored
    For Sale
    $279,000

    Prime Redding land, river views, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 111,514 square foot commercial outparcel, located in Shasta County, CA, presents a unique development opportunity. Situated in Redding's premier professional office park near E Cypress Avenue and the Sacramento River, this level lot offers abundant on-site parking and stunning river views from the bluffs. The property benefits from recently completed stormwater infrastructure studies, resulting in significant cost savings for future development. A formal response from the City of Redding confirming these savings is available. This is one of the last available options in Redding's first business park. The site is ideally suited for a building exceeding 30,000 square feet, offering flexibility for various uses. Multiple parcels are available for purchase individually or combined, catering to diverse investment strategies. Whether you're looking to build-to-suit or acquire a prime investment property in a central location, this offering presents exceptional value and potential. The property's address is Knollcrest & Hemsted Drive, Redding, CA 96002.

    Property Features for 0 Knollcrest & Hemsted Dr

    General Information

    Property type
    Individual retail properties

    HighLights

    • Prime Central Location
    • Build‑to‑Suit Opportunity or Land Investment
    • Prestigious Business Park Setting
    • Panoramic River Bluffs Views
    • Lease Option Available
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.364581
    Latitude
    40.5729839

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    FAQs

    What type of property is this?
    Individual retail property - Prime Redding land, river views, development ready.
    Where is this individual retail property located?
    The property is located at Knollcrest & Hemsted Dr Redding, CA.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: Prime Central Location; Build-to-Suit Opportunity or Land Investment; Prestigious Business Park Setting
    (530) 221-1127
    Request Owner's contact information
    Knollcrest & Hemsted Dr 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
    Knollcrest & Hemsted Dr Redding, CA 96002
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