0 Knollcrest & Hemsted Dr Redding, CA 96002
This exceptional 111,514 square foot commercial outparcel, located in Shasta County, CA, presents a unique development opportunity. Situated in Redding's premier professional office park near E Cypress Avenue and the Sacramento River, this level lot offers abundant on-site parking and stunning river views from the bluffs. The property benefits from recently completed stormwater infrastructure studies, resulting in significant cost savings for future development. A formal response from the City of Redding confirming these savings is available. This is one of the last available options in Redding's first business park. The site is ideally suited for a building exceeding 30,000 square feet, offering flexibility for various uses. Multiple parcels are available for purchase individually or combined, catering to diverse investment strategies. Whether you're looking to build-to-suit or acquire a prime investment property in a central location, this offering presents exceptional value and potential. The property's address is Knollcrest & Hemsted Drive, Redding, CA 96002.
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.