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Property profile & analytics
OFF-MARKET
Office Spaces

5675 Cedars Rd Redding, CA 96001

1.7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Lot 1.7 ac (74,052 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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