1600 Buenaventura 1600.0 Blvd Redding, CA 96001
- Commercial real estate
- 7.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1600 Buenaventura 1600.0 Blvd
- Lot size
- 7.52 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.52-acre commercial land parcel presents a unique investment opportunity in the desirable West Redding area. Located at 1600 Buenaventura Boulevard, this property enjoys a prime location near established residential communities and directly across from the bustling Placer Heights Shopping Center, ensuring high visibility and consistent traffic flow. The site boasts excellent accessibility, with over 13,700 cars per day passing on Placer Street and 9,800 cars per day on Buenaventura Boulevard, providing significant exposure for any development. Currently zoned for Professional Office, Medical Office, or Dental Office uses, this versatile property offers a range of development possibilities. Prior feasibility studies have already explored the potential for a multifamily development, indicating the viability of constructing approximately 60 one- and two-bedroom units. This strategic location, combined with the high traffic counts and existing zoning, makes this property an ideal choice for developers seeking a high-impact investment in a thriving West Redding neighborhood. The substantial acreage provides ample space for a variety of commercial or residential projects, offering significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.416
- Latitude
- 40.5721
