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Property profile & analytics
FOR LEASE
Investment properties
1304 East St Redding, CA 96001
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8845333
For Lease
1 / 14
$1,075,000
1304 East St, Redding, CA 96001
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1959
Total area
12,400 SF
Lot
0.32 ac (13,939 SF)
APN
101-040-009-000
UPID
US09-8845333
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
Current use
Occupant on record · Public records
-
New Dawn Treatment - Detox & Residential Social Service Agency Medical Clinic
-
Personal Telephone Services Telecommunications Service
-
Goosehead Insurance - Jeffrey M. Hornbuckle Insurance Agency
-
Audrey Hobbs’s Yoga for Therapy Gym & Fitness Center
-
Redding Host Data Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$989k
Blend (final)
Blend
$1.08M
Owner & transaction history
Downtown Collection LLC · 2 yrs held
Downtown Collection LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+21.6%
Retail stores
$1.5M
+6.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,075,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,445,000
Current use
MEDICAL BUILDING
$1,760,000
Change: +22% · Conversion: Easy
RETAIL STORES
$1,540,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,375,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.08M (Jun 25 2024)
Last sale anchor
$1.08M
Jun 25 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,405
Tax year 2024
Assessed value
$1,080,270
Assessed 2024
Previous assessed
$1,080,270
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$292,714
Assessed improvement
$787,556
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1959
Heating
NONE
Total area
12,400 SF
Lot
0.32 ac (13,939 SF)
APN
101-040-009-000
UPID
US09-8845333
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Downtown Collection LLC
Entity
Mailing address
PO BOX 493699, REDDING, CA 96049-3699
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
—
Downtown Collection LLC
1304 East St LLC
Intrafamily Transfer
related
—
Feb 26, 2024
$1,075,000
1304 East St LLC
John P Murphy
Grant Deed
$1,312,000 · Cornerstone Community Bank
Mar 13, 2006
—
Murphy John P 2005 Trust
Murphy,john P
Quit Claim Deed
related
—
Aug 5, 2003
$775,000
John P Murphy
Kalsbeek,gary R & Beverly A
Grant Deed
—
Jun 2, 1994
—
Gary R Kalsbeek
Kalsbeek,gary R
Quit Claim Deed
related
—
—
—
Gary R Kalsbeek
—
Deed Of Trust
related
$350,000 · Mid Valley Bank
—
—
Gary R Kalsbeek
—
Deed Of Trust
related
$550,000 · Mid Valley Bank
—
—
Gary R Kalsbeek
—
Deed Of Trust
related
$250,000 · Mid Valley Bank
—
—
John P Murphy
—
Deed Of Trust
related
$500,000 · Tri Counties Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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