Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1495 Victor Ave Redding, CA 96003-4093
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1495 Victor Ave Redding, CA 96003-4093

    View on Map
    • Office properties & Spaces
    • 8,500 SF
    • 0.79 lot acres
    Off-Market
    Property ID
    US09-1960004
    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.
    Value Estimations
    $1,435,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Baas Physical Therapy / Medical Clinic
    • Dana Park Dental, Daniel Shaw DDS / Dental Office
    • Qualmed Precision Inc / Medical Clinic
    • John J Kvale / Physician
    • Garret Gheen / Physician

    Property Details for 1495 Victor Ave

    Year built
    2005
    Lot size
    0.79 lot acres
    Property size
    8,500 SF
    Property type
    Office properties & Spaces
    APN
    071-400-064-000
    APU
    71400064000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,590,000
      6.5%
      $1,465,000
      7%
      $1,365,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,394,000
      Market price range: $597k - $1.39M
      AI Estimate
      $1,440,000
      Market price range: $490k - $1.53M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,095,000
      Current use
      RESTAURANT
      $1,415,000
      Change: +29% Conversion: Difficult
      MEDICAL BUILDING
      $1,260,000
      Change: +15% Conversion: Easy
      RETAIL STORES
      $1,055,000
      Change: -4% Conversion: Easy
      AUTO REPAIR, GARAGE
      $945,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.338
    Latitude
    40.586
    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
    $14,879
    $251,206
    $1,079,959
    $1,331,165
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      40 Hilltop Dr

      OFFICE (GENERAL) • 0.69 Acres
      40 Hilltop Dr, Redding, CA 96003-2806
      View Details
    • Value Estimation by Request
      0.64 Acres

      900 Twin Vw Blvd

      OFFICE (GENERAL) • 0.64 Acres
      900 Twin Vw Blvd, Redding, CA 96003-2006
      View Details
    • Value Estimation
      $720,000
      4,278 SF

      1600 Victor Ave

      OFFICE (GENERAL) • 4,278 SF
      1600 Victor Ave, Redding, CA 96003-4030
      View Details
    • Value Estimation by Request
      0.55 Acres

      9512 Xrds Dr

      OFFICE (GENERAL) • 0.55 Acres
      9512 Xrds Dr, Redding, CA 96003-6813
      View Details
    • Value Estimation by Request
      5.40 Acres

      12267 Indian Country Dr

      OFFICE (GENERAL) • 5.40 Acres
      12267 Indian Country Dr, Redding, CA 96003-8310
      View Details
    • Value Estimation by Request
      0.42 Acres

      465 Lk Blvd

      OFFICE (GENERAL) • 0.42 Acres
      465 Lk Blvd, Redding, CA 96003-2406
      View Details

    Similar Nearby for Sale

    • $1,398,000
      8,000 SF

      Redding Executive Office Building

      Executive office building in prime Hilltop location, Redding, CA.
      999 Mission De Oro Dr, Redding, CA 96003
      View Details
    • $1,300,000
      6,250 SF

      Redding Industrial Facility with Expansion

      Well-maintained industrial facility with expansion potential in Redding, CA.
      1691 Zachi Way, Redding, CA 96003
      View Details
    • Contact for pricing
      51,522 SF

      Prime Land I-5 Frontage

      Excellent I-5 access, visibility, and frontage in Redding, CA.
      1101 Twin View Blvd, Redding, CA 96003
      View Details
    • $99,000
      Pending

      Redding Land with Utilities

      2.1 acre parcel with utilities, shop, and pond.
      13840 Ridge View Rd, Redding, CA 96003
      View Details
    • Contact for pricing

      Redding Caliber Collision For Sale

      15-year absolute net lease with 10% rental increases every 5 years.
      4633 Mountain Lakes Blvd, Redding, CA 96003
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Redding Retail Space For Lease

      Retail space for lease in Redding, anchored by FoodMaxx.
      1330 Churn Creek Rd, Redding, CA 96003
      View Details
    • Contact for pricing

      Redding Office Space For Lease

      Professional office space in Redding with convenient highway access.
      1405 Victor Ave, Redding, CA 96003
      View Details
    • $0.45 SF/Yr

      Spacious Open Office Space Available

      Open office spaces near I-5, suitable for various business needs.
      4300-4352 Caterpillar Rd, Redding, CA 96003
      View Details
    • $1,100 /Mo
      670 SF

      Redding Office Space For Rent

      Newly remodeled office space with mountain views and ample parking.
      351 Northpoint Dr, Redding, CA 96003
      View Details
    • Contact for pricing

      Retail Space Near Shasta Mall

      Retail space in a high-traffic shopping center.
      1355 Churn Creek Rd, Redding, CA 96003
      View Details
    • $1.35 SF/Yr

      Retail Space in North Pointe

      Retail spaces available in busy North Pointe Shopping Center.
      101-179 Lake Blvd, Redding, CA 96003
      View Details
    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.
    1495 Victor Ave
    Redding, CA 96003-4093
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!