2531 Shasta View Dr Redding, CA 96002
This exceptional 1.03-acre commercial lot, located at 2531 Shasta View Drive in Redding, CA (96002), presents a unique opportunity for immediate development. Situated on a highly visible corner lot at the intersection of Shasta View Drive and Goodwater Avenue, just south of Highway 44, this property boasts exceptional visibility and accessibility. The site benefits from high traffic counts, averaging over 15,000 vehicles daily, ensuring maximum exposure for any future development. Previously graded and fully cleared, the lot is ready for construction. All necessary utilities are readily available at the property boundaries, including City of Redding water and a newly installed fire hydrant at the northeastern corner. A significant advantage is the inclusion of all paperwork and approved plans for a 12,000 square foot professional office project (two 6,000 sq ft buildings), fully entitled and approved by the City of Redding under the LO - Limited Office zoning designation. This comprehensive package eliminates significant pre-construction hurdles and accelerates the development timeline. The APN is 109-110-042. This is an unparalleled opportunity to acquire a fully prepared commercial site in a high-traffic area of Redding, California. Don't miss this chance to capitalize on this prime location and build your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.