Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18795 Jessie Rd Anderson, CA 96007

    • Commercial real estate
    • 1 SF
    For Sale
    View listing
    $359,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stotts & Sons Inc. House Moving / Mover

    Property Details for 18795 Jessie Rd

    Property size
    1 SF
    Property type
    Commercial real estate

    Description

    This exceptional Anderson commercial property, located just south of Redding, presents a wealth of opportunities. Currently permitted for storage units and a contractor's yard, this nearly 2-acre site boasts multiple structures, offering significant versatility. Ten 13'x14' storage units, currently generating income, are included, along with a substantial 30'x72' shop featuring oversized 13'x8' doors, perfect for equipment storage and various business operations. Additional buildings and a carport provide ample storage space. The property also includes a dedicated office area, enhancing its functionality. Ample parking is available, easily accommodating oversized vehicles and equipment, making it suitable for a wide range of commercial uses. The property's location in Anderson, near Redding, offers excellent access to transportation routes and a growing market. This is a rare opportunity to acquire a well-established commercial property with significant income potential and the flexibility to adapt to various business needs. Priced at $359,900, this property is ready for its next chapter. The existing infrastructure and zoning provide a solid foundation for immediate use or future expansion.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Shasta
    State
    California
    Longitude
    -122.357
    Latitude
    40.4845

    Comparable in this City

    • Value Estimation by Request
      2,590 SF

      2976 2976 Ctr St

      Commercial real estate • 2,590 SF
      2976 2976 Ctr St, Anderson, CA 96007
      View Details
    • Value Estimation by Request

      Gateway Dr

      Commercial real estate
      Gateway Dr, Anderson, CA 96007
      View Details
    • Value Estimation
      $55,000
      0.07 Acres

      6172 Meister Way Ste, Unit 4

      SHOW ROOM, WAREHOUSE • 0.07 Acres
      6172 Meister Way Ste, Anderson, CA 96007-2786
      View Details
    • Value Estimation by Request

      3Rd St

      Commercial real estate
      3Rd St, Anderson, CA 96007
      View Details
    • Value Estimation by Request
      8.81 Acres

      Gateway Dr

      Land • 8.81 Acres
      0 Gateway Dr, Anderson, CA 96007
      View Details
    • Value Estimation by Request
      5.00 Acres

      Latona Rd

      Commercial real estate • 5.00 Acres
      Latona Rd, Anderson, CA 96007
      View Details

    Similar Nearby for Sale

    • $259,000
      2,100 SF

      Anderson Commercial Building Opportunity

      Prime Anderson location, established tenants.
      1900 South St, Anderson, CA 96007
      View Details
    • Contact for pricing
      2.20 Acres

      Anderson Industrial Lot - 2.2 Acres

      Prime Industrial Land in Paul Bunyan Park
      Paul Bunyan Ct, Anderson, CA 96007
      View Details
    • $695,000
      11,188 SF

      Prime Anderson Commercial Building

      High-Cap Rate, Bank Building, Drive-Thru
      2245 North St, Anderson, CA 96007
      View Details
    • Contact for pricing

      Anderson Commercial Land Investment

      Three prime commercial lots, 21+ acres
      Gateway Dr, Anderson, CA 96007
      View Details
    • Contact for pricing
      9.40 Acres

      Skyview Plaza: Anderson, CA

      9.4-acre commercial land, prime location.
      273 & Pleasant Hl Dr, Anderson, CA 96007
      View Details
    • $225,000
      1.43 Acres

      Anderson Commercial Land - $225K

      1.43-acre commercial lot, prime location.
      0 North St, Anderson, CA 96007
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      10,500 SF

      Anderson Retail Center Opportunity

      Prime Shasta County shopping center space available.
      5020 Rhonda Rd, Anderson, CA 96007
      View Details
    • $1,800 /Mo

      Commercial Industrial Unit For Lease

      Industrial unit with office, 3-phase power, and roll-up door.
      19694 Hirsch Ct, Anderson, CA 96007
      View Details
    • $1,200 /Mo
      1,242 SF

      Office Building Near I-5

      Office building featuring private offices, open workroom, and parking.
      2336 Balls Ferry Rd, Anderson, CA 96007
      View Details
    • $1,500 /Mo
      1,000 SF

      Retail Space in Anderson, CA

      Retail space with high traffic exposure in Anderson, CA.
      2805 E Center St, Anderson, CA 96007
      View Details
    • $9 SF/Yr
      43,728 SF

      Anderson Industrial Warehouse Space

      Flexible warehouse space in prime Anderson location.
      6200 Stainless Way, Anderson, CA 96007
      View Details
    • $450,000
      3,000 SF

      Anderson Office and Industrial Units

      Office and industrial units with excellent accessibility in Anderson, CA.
      6172 Meister Way, Anderson, CA 96007
      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.
    18795 Jessie Rd
    Anderson, CA 96007
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.