0 Union School Rd Redding, CA 96003
This exceptional 18.8-acre industrial land parcel presents a unique investment opportunity in Redding, California. Boasting prime commercial frontage along Interstate 5, this property offers unparalleled visibility and accessibility for businesses requiring high traffic volume. The location is ideal for ventures such as storage facilities, boat and RV sales, RV parks, or equipment rental businesses. In addition to its I-5 exposure, the property also benefits from frontage on Union School Road, providing convenient access and alternative routes. A significant advantage is the existing freeway billboard, generating a consistent passive income stream of $16,610 annually. This revenue stream provides immediate return on investment while development plans are formulated. The property's APN is 007-430-011-000, and it's located in Shasta County, California, with a zip code of 96003. The asking price for this strategically located and income-producing property is $1,850,000. This is a rare chance to acquire a substantial industrial land holding with exceptional visibility and a proven income source. The property's size and location make it suitable for a variety of large-scale commercial developments.
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
Similar Nearby for Lease
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.