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Property profile & analytics
OFF-MARKET
Land

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

10 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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