Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1600 Buenaventura 1600.0 Blvd Redding, CA 96001
    Back to Search
    Property profile & analytics

    1600 Buenaventura 1600.0 Blvd Redding, CA 96001

    View on Map
    • Commercial real estate
    • 7.52 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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 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
    -122.416
    Latitude
    40.5721

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      5751-5675 Cedars Rd

      Land • 1.50 Acres
      5751-5675 Cedars Rd, Redding, CA 96001
      View Details
    • Value Estimation by Request
      1,800 SF

      5500 Westside Rd

      SHOW ROOM, WAREHOUSE • 1,800 SF
      5500 Westside Rd, Redding, CA 96001-4451
      View Details
    • Value Estimation by Request
      2,376 SF

      4881 Eastside Rd

      COMMERCIAL (GENERAL) • 2,376 SF
      4881 Eastside Rd, Redding, CA 96001-4249
      View Details
    • Value Estimation by Request
      0.58 Acres

      6911 Danyeur Rd

      SHOW ROOM, WAREHOUSE • 0.58 Acres
      6911 Danyeur Rd, Redding, CA 96001-5390
      View Details
    • Value Estimation by Request
      0.39 Acres

      1211 Pne St

      COMMERCIAL (GENERAL) • 0.39 Acres
      1211 Pne St, Redding, CA 96001-0605
      View Details
    • Value Estimation
      $875,000
      7,840 SF

      3145 Veda St

      SHOW ROOM, WAREHOUSE • 7,840 SF
      3145 Veda St, Redding, CA 96001-3527
      View Details

    Similar Nearby for Sale

    • $495,000
      3,600 SF

      Downtown Redding Office Building

      High-yield investment, fully occupied.
      1975 Placer St, Redding, CA 96001
      View Details
    • $1,150,000
      7,750 SF

      Redding Cannabis Cultivation Facility

      Approved Cannabis Facility - Investment Opportunity
      2495 Progress Dr, Redding, CA 96001
      View Details
    • Contact for pricing

      Redding Commercial Lot - Eastside Rd

      Prime Redding commercial land, high development potential.
      6011 Eastside 6011 Rd, Redding, CA 96001
      View Details
    • Contact for pricing
      2.22 Acres

      Redding Commercial Land - Prime Location

      High-traffic corner lot, ready to build.
      Railroad 40804090 Ave, Redding, CA 96001
      View Details
    • $1,750,000
      490.00 Acres

      490 Acres Vacant Land

      Vacant land with views of Mount Shasta and Lassen Peak.
      Middletown Park Dr, Redding, CA 96001
      View Details
    • Contact for pricing
      5,244 SF

      West Redding Standalone Building

      5,244 SF building suitable for medical or professional office.
      2321 Court St, Redding, CA 96001
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Redding Upstairs Office Space Available

      Office space in Cypress Square Shopping Center, utilities included.
      2455 Athens Ave, Redding, CA 96001
      View Details
    • Contact for pricing

      Cypress Square Retail Opportunity

      Community retail center with easy access and strong traffic.
      Athens Ave, Redding, CA 96001
      View Details
    • Contact for pricing

      Downtown Redding Retail/Office/Restaurant Spaces

      New retail, restaurant, and office spaces in downtown Redding.
      1595 California St, Redding, CA 96001
      View Details
    • Contact for pricing

      Downtown Redding Professional Office Space

      Newly renovated office building in downtown Redding available June 2025.
      2001 Market St, Redding, CA 96001
      View Details
    • $1,000 /Mo
      1,400 SF

      Executive Office or Medical Space

      Second floor office/medical space with natural light and private restroom.
      2110 Railroad Ave, Redding, CA 96001
      View Details
    • $1.67 SF/Yr
      2,344 SF

      Redding Office Space for Lease

      Commercial office building with suites suitable for medical or professional use.
      2701 Old Eureka Way, Redding, CA 96001
      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.
    1600 Buenaventura 1600.0 Blvd
    Redding, CA 96001
    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
    1600 Buenaventura 1600.0 Blvd, Redding, CA, 96001
    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!