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    5675 Cedars Rd Redding, CA 96001

    Sponsored
    For Sale
    $225,000

    1.7 Acres, Redding, CA - Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.7-acre commercial land parcel, located at 5675 Cedars Rd, Redding, CA 96001 (APN 049-130-035), presents a remarkable development opportunity. Zoned HC (Heavy Commercial) by the City of Redding, this property is ideally situated for a variety of commercial ventures. Utilities are already in place, with sewer and water lines extended to the site, and storm drain retention facilities completed, significantly reducing development hurdles. Extensive pre-development work has already been undertaken, including approved traffic, biological, and archeological studies. Further enhancing its appeal, a Use Permit (UP-2021-00099) has been granted for the construction of over 100,000 square feet of commercial industrial buildings. This permit encompasses a broad range of permitted uses, including cannabis-related businesses. The property's prime location in Redding, Shasta County, offers excellent access and visibility. This is a turnkey opportunity for developers seeking a fast-track to construction, eliminating significant pre-development costs and time. The asking price for this exceptional property is $225,000. This offering presents a unique chance to acquire a fully entitled, ready-to-build commercial site in a thriving California market. The property is available for purchase as a whole or potentially as individual parcels (details available upon request).

    Property Features for 5675 Cedars Rd

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • Approved Use Permit for 100,000+ SF cannabis cultivation.
    • Located in Redding's designated cannabis zone.
    • Zoned Heavy Commercial (HC).
    • Four parcels available for sale individually or as a portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3865156
    Latitude
    40.5318907

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    FAQs

    What type of property is this?
    Land - 1.7 Acres, Redding, CA - Ready to Build
    Where is this land located?
    The property is located at 5675 Cedars Rd Redding, CA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Approved Use Permit for 100,000+ SF cannabis cultivation.; Located in Redding's designated cannabis zone.; Zoned Heavy Commercial (HC).
    (530) 221-1127
    Request Owner's contact information
    5675 Cedars Rd Redding, CA 96001
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    Redding, CA 96001
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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
    5675 Cedars Rd Redding, CA 96001
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