Financial
Distress signals
Property profile

1321 Butte St Redding, CA 96001

FOR LEASE
Investment properties
Property ID
US09-1088760
25,308 SF 0.48 ac lot Built 2015
Last sale Sep 2021 · $4,900,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 25,308 square foot retail and office building, located at 1321 Butte Street in downtown Redding, California, presents a unique investment opportunity. Built in 2015 and renovated in 2022, the property sits on a 0.49-acre lot and is zoned DCD-SP-BH. The building features a mix of office and retail space, currently offering 1,800 square feet of vacant space. The address is conveniently located near the cross street of Pine Street, in the heart of Redding's business district,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$53k
Tax billed · 2024
Assessed value$5.11M
Assessed land$520k
Assessed improvement$4.59M
Effective rate1.05%

Value estimate

· Sep 2026
$2.70M
$2.43M – $2.96M
CAP approach$4.37M
Submarket $/SF estimate$4.52M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$8k
Operating expenses−$7k
NOI · 1,494,758.62% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$68 – $178

Cap rate analysis

How does the asset earn?
1,494,758.62%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSHASTA

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility13.8
Wholesale Shop13.5
Tailor Shop10.6

Location

1321 Butte St Redding, CA 96001
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2040 Shasta, Redding, CA 96001-0470 $317,000 Apr 2025 4,526 SF
1304 Ee, Redding, CA 96001-0855 $1,075,000 Jun 2024 12,400 SF
2085 Pne, Redding, CA 96001-1956 $870,000 Nov 2023 3,406 SF
1255 Sacramento, Redding, CA 96001-1917 $549,500 Jun 2023 2,630 SF
900 Market, Redding, CA 96001-0530 $1,600,000 May 2023 7,926 SF
1524 Ee, Redding, CA 96001-1109 $61,740,000 Nov 2022 3,033 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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