Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    101-179 Lake Blvd Redding, CA 96003
    Back to Search
    Property profile & analytics

    101-179 Lake Blvd, Redding, CA 96003

    View on Map
    • Lifestyle centers
    • 2,132 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 101-179 Lake Blvd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    North Point Shopping Center in Redding, CA (96003), offers exceptional retail space at 101-179 Lake Blvd. This established shopping center totals 2,132 square feet and currently has 1,200 square feet of vacant space available for lease. The minimum divisible space is 960 square feet, with larger spaces available up to 2,129 square feet. The property is a multi-tenant retail center, categorized as a shopping center and grocery store. The center enjoys a strong anchor tenant in Raley's Grocery Store, ensuring consistent high foot traffic. This prime location benefits from an upcoming development in the former Shopko space, further enhancing visibility and customer flow. Current co-tenants include a diverse mix of businesses such as Fresh Fire Grill, Cricket Wireless, Baskin Robbins, A-Z Nails, Raliberto's Taco Shop, People Ready, Lendmark Financial Services, and Check Into Cash. This presents a unique opportunity for businesses seeking high visibility and a thriving retail environment in Shasta County. The property is situated in a well-established area with convenient access and ample parking. Contact us today to learn more about the available spaces and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.379
    Latitude
    40.6102

    Comparable in this City

    • Value Estimation
      $550,000
      5,076 SF

      1292 College Vw Dr

      CONVENIENCE STORE (W/FUEL PUMP)
      1292 College Vw Dr, Redding, CA 96003-3014
      View Details
    • Value Estimation by Request
      3,696 SF

      1191 Prestige Way

      CONVENIENCE STORE (W/FUEL PUMP)
      1191 Prestige Way, Redding, CA 96003-1465
      View Details
    • Value Estimation
      $575,000
      8,000 SF

      1495 Lk Blvd

      CONVENIENCE STORE (W/FUEL PUMP)
      1495 Lk Blvd, Redding, CA 96003-1241
      View Details
    • Value Estimation
      $2,190,000
      60,738 SF

      201 Lk Blvd

      GROCERY, SUPERMARKET
      201 Lk Blvd, Redding, CA 96003-2506
      View Details
    • Value Estimation
      $4,475,000
      54,456 SF

      1330 Churn Crk Rd

      GROCERY, SUPERMARKET
      1330 Churn Crk Rd, Redding, CA 96003-4087
      View Details
    • Value Estimation by Request
      2,768 SF

      2402 Cascade Blvd

      CONVENIENCE STORE (W/FUEL PUMP)
      2402 Cascade Blvd, Redding, CA 96003-0964
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Strip Center For Sale

      Fully occupied retail strip center near Interstate 5.
      900 Dana Dr, Redding, CA 96003
      View Details
    • $29,680,000
      76,944 SF

      Redding Retail Investment Opportunity

      Prime retail location in Redding, California, with strong connectivity.
      1401 Hilltop Dr, Redding, CA 96003
      View Details
    • Contact for pricing
      76,944 SF

      Sprouts-Anchored Shopping Center For Sale

      Shopping center anchored by Sprouts, available for purchase.
      1401 Hilltop Dr, Redding, CA 96003
      View Details
    • Contact for pricing
      6,195 SF

      High-Traffic Chase Bank Investment Property

      Long-term Chase Bank lease in a growing retail area.
      974 Dana Dr, Redding, CA 96003
      View Details
    • Contact for pricing
      30,740 SF

      Redding Best Buy For Sale

      30,740 SF retail property in a prominent power center.
      1010 Hilltop Dr, Redding, CA 96003
      View Details
    • Contact for pricing

      Redding Caliber Collision For Sale

      15-year absolute net lease with 10% rental increases every 5 years.
      4633 Mountain Lakes Blvd, Redding, CA 96003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space in Redding Center

      Retail space available in a busy Redding shopping center.
      1385 Churn Creek Rd, Redding, CA 96003
      View Details
    • Contact for pricing
      1,213 SF

      Retail Space in Redding Center

      Retail space available in a busy Redding shopping center.
      1330-1340 Churn Creek Rd, Redding, CA 96003
      View Details
    • Contact for pricing

      Prime Retail Space in Redding

      Excellent retail opportunity in Redding's growing market, anchored by Target.
      1325 Churn Creek Rd, Redding, CA 96003
      View Details
    • Contact for pricing
      2,510 SF

      Retail Space in Redding Center

      Retail space available in shopping center anchored by FoodMaxx.
      1310 Churn Creek Rd, Redding, CA 96003
      View Details
    • Contact for pricing
      1,195 SF

      Retail Space in Redding Center

      Retail space available in a busy Redding shopping center.
      1150 Dana Dr, Redding, CA 96003
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail property available for lease in Redding, California.
      1470 Friendly Rd, Redding, CA 96003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101-179 Lake Blvd
    Redding, CA 96003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101-179 Lake Blvd, Redding, CA, 96003
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!