0 Nwc Of Shasta Vw Dr. & Rancho Rd Redding, CA 96002
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.
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
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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.