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    1101 Twin View Blvd Redding, CA 96003

    Sponsored
    For Sale
    $2,950,000

    51,522 SF, Vacant, $2.95M

    Property size:
    51,522 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 51,522-square-foot freestanding building sits on a 5.32-acre lot in Redding, CA (APN 073-080-041-000), offering a compelling owner-user or redevelopment opportunity. Currently vacant, this single-story structure presents significant potential. Its prime location at 1101 Twin View Blvd. benefits from high visibility and easy access to Interstate 5, capitalizing on substantial interstate and tourist traffic. The property's strategic position near major retailers like Tractor Supply Company and Redding Harley Davidson further enhances its appeal. The asking price is $2,950,000, translating to $57.26 per square foot. The surrounding area boasts a large trade area, drawing from a regional population exceeding 400,000. Redding's status as a regional hub for healthcare, banking, professional services, and shopping adds to the property's investment value. Note that proposed fuel and drive-thru locations on an adjacent parcel are not included in this offering. This property is ideal for businesses seeking high visibility and access to a significant consumer base. The site's proximity to Interstate 5 ensures consistent exposure to a large volume of traffic, making it an attractive investment for a variety of commercial uses.

    Property Features for 1101 Twin View Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    51,522 SF
    Lot Size
    231,739 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $2,950,000 asking price for a vacant, 51,522 square foot freestanding building.
    • Located on a 5.32‑acre lot at 1101 Twin View Blvd, Redding, CA 96003 (APN: 073‑080‑041‑000).
    • Former Record Searchlight facility, ideal for owner‑user or redevelopment.
    • Excellent I‑5 access, benefiting from high interstate and tourist traffic, drawing from a large trade area near retailers like Tractor Supply and Redding Harley Davidson.
    Property Profile Location Intelligence

    Current Use by Public Records

    Redding Record Searchlight Newspaper Publisher

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.36551426256
    Latitude
    40.624509048858

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    FAQs

    What type of property is this?
    Individual retail property - 51,522 SF, Vacant, $2.95M
    Where is this individual retail property located?
    The property is located at 1101 Twin View Blvd Redding, CA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: $2,950,000 asking price for a vacant, 51,522 square foot freestanding building.; Located on a 5.32-acre lot at 1101 Twin View Blvd, Redding, CA 96003 (APN: 073-080-041-000).; Former Record Searchlight facility, ideal for owner-user or redevelopment.
    Request Owner's contact information
    1101 Twin View Blvd 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
    1101 Twin View Blvd Redding, CA 96003
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