Nwc Of Shasta Vw Dr. & Rancho Rd Redding, CA 96002
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Nwc Of Shasta Vw Dr. & Rancho Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Redding, California. Ideally situated at the Northwest corner of Shasta View Drive and Rancho Road, this property boasts convenient access to Interstate 5 via Churn Creek Road, which transitions into Rancho Road. The site is surrounded by a dense residential area, poised for significant future growth planned to the south. Its strategic location offers high demand, despite the nearest grocery store being approximately two miles away. This property is zoned for a shopping center, making it perfectly suited for a variety of commercial developments. The parcel's size and location provide ample space for a substantial project, capitalizing on the area's growing population and convenient access to major transportation routes. The Assessor's Parcel Number (APN) is 054-090-029-000. The asking price for this exceptional opportunity is $2,750,000. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area of Redding.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.318
- Latitude
- 40.5347