Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1070 Cypress Ave Redding, CA 96002-1114

    • Grocery and convenience stores
    • 55,351 SF
    • 5.65 lot acres
    OFF-MARKET
    Value Estimation
    $9,090,000
    Last Sale
    Nov 22, 2023
    $10,029,000
    Location Intelligence
    Property ID
    US09-2940404
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Safeway / E-Commerce Service / Florist
    • Starbucks / Coffee Shop / Cafe
    • Safeway Pharmacy / Drug Store / Vitamin & Supplements Store
    • Redbox / Movie Rental Store / Movie Rental Kiosk
    • Amazon Locker - Circus / E-Commerce Service / Mailing Service

    Property Details for 1070 Cypress Ave

    Year built
    2001
    Construction
    TILT-UP CONCRETE
    Lot size
    5.65 lot acres
    Property size
    55,351 SF
    Property type
    Grocery and convenience stores
    APN
    067-110-028-000
    APU
    67110028000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,355,000
      6.5%
      $10,750,000
      7%
      $9,585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,325,000
      Geo Method
      $10,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,200,000
      Retail
      $9,280,000
      Mixed-Use
      $11,400,000
      Hospitality
      $9,365,000
      Educational
      $10,895,000
      Residential Income
      $9,980,000
      Energy
      $8,250,000
      Income-Based Land
      $10,745,000
      Food Service
      $10,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.351
    Latitude
    40.5724
    CBSA code
    39820
    CBSA name
    REDDING, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $126,658
    $2,356,567
    $9,083,375
    $11,439,942
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      382 Cypress Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 0.69 Acres
      382 Cypress Ave, Redding, CA 96002-0110
      View Details
    • Value Estimation by Request
      1,680 SF

      765 Cypress Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,680 SF
      765 Cypress Ave, Redding, CA 96002-1025
      View Details
    • Value Estimation by Request
      1,148 SF

      722 Cypress Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,148 SF
      722 Cypress Ave, Redding, CA 96002-1006
      View Details
    • Value Estimation by Request
      1,900 SF

      2604 Hilltop Dr

      CONVENIENCE STORE (W/FUEL PUMP) • 1,900 SF
      2604 Hilltop Dr, Redding, CA 96002-1019
      View Details
    • Value Estimation by Request
      0.96 Acres

      5001 Bechelli Ln

      CONVENIENCE STORE (W/FUEL PUMP) • 0.96 Acres
      5001 Bechelli Ln, Redding, CA 96002-3504
      View Details
    • Value Estimation by Request
      1,892 SF

      510 Cypress Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,892 SF
      510 Cypress Ave, Redding, CA 96002-0106
      View Details

    Similar Nearby for Sale

    • $279,000

      Redding Commercial Land - $279,000

      Prime Redding land, river views, development ready.
      0 Knollcrest & Hemsted Dr, Redding, CA 96002
      View Details
    • $6,126,144

      Redding Retail Investment Opportunity

      NNN leased retail center in a growing Redding location.
      4861 Bechelli Ln, Redding, CA 96002
      View Details
    • $450,000
      2,600 SF

      Redding Commercial Property For Sale

      Income-producing commercial property with multiple buildings in a high-visibility location.
      6854 Airport Rd, Redding, CA 96002
      View Details
    • $1,933,000
      1 SF

      Redding Retail Property For Sale

      Retail property available for purchase in Redding, California.
      802 E Cypress Ave, Redding, CA 96002
      View Details
    • $6,545,000

      Costco Anchored Strip Center

      NNN Leases, new construction, high-traffic location near Costco.
      4855 Bechelli Ln, Redding, CA 96002
      View Details
    • Contact for pricing
      39,000 SF

      South Redding Retail Opportunity

      39,000 SF Retail Space Available
      0 Churn Crk Road/Bonnyview Rd, Redding, CA 96002
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo
      709 SF

      High-Traffic Retail/Office Space Available

      Prime commercial space on Churn Creek Road with high visibility.
      2070 Churn Creek Rd, Redding, CA 96002
      View Details
    • $1.25 SF/Yr
      16,208 SF

      Redding Retail Building with Drive-Thru

      Former Rite Aid retail building with drive-thru and parking.
      975 E Cypress Ave, Redding, CA 96002
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Redding, California.
      2800 Rancho Rd, Redding, CA 96002
      View Details
    • $9 SF/Yr
      129,600 SF

      Redding Medical Office Center

      Prime Redding location, multiple suites available.
      10-190 Hartnell Ave, Redding, CA 96002
      View Details
    • $2.00 SF/Yr
      2,250 SF

      High-Traffic Office and Retail Space

      Prime Redding location with high visibility and turnkey suite potential.
      2650 Churn Creek Rd, Redding, CA 96002
      View Details
    • $1.50 SF/Yr
      5,000 SF

      Retail Space on Hilltop Drive

      Remodeled retail space in high-traffic location near hotels.
      2167 Hilltop Dr, Redding, CA 96002
      View Details

    Property Visit Statistics

    • Visits by month
      89.3k
    • Visitors by month
      46.8k
    • Avg Time on site
      23 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1070 Cypress Ave
    Redding, CA 96002-1114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.