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Property profile & analytics
FOR LEASE
Banks
185 Hartnell Ave Redding, CA 96002
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1839200
For Lease
1 / 16
Contact for pricing
185 Hartnell Ave, Redding, CA 96002
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Property summary
AI-generated overview
This exceptional two-story, 6,960 square foot free-standing office building, formerly a bank, is available for lease at 185 Hartnell Avenue in Redding, CA 96002. Located on a signalized corner at the intersection of Hartnell Avenue and Parkview Avenue, this property boasts high visibility and accessibility, with ample parking for tenants and clients. The building sits on a 36,155 square foot lot and is zoned General Office ("GO") by the City of Redding (APN: 107-420-024, Shasta County). The interior features an open floor plan and abundant natural light, making it adaptable to a variety of business needs. Its strategic location provides easy access to major transportation routes. High traffic counts and the prominent corner location make this an ideal space for businesses seeking a distinguished presence in Redding. A virtual tour is available online. The property is a single-tenant building.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1989
Total area
6,960 SF
Lot
0.83 ac (36,154 SF)
APN
107-420-024-000
UPID
US09-1839200
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
-
Scott Valley Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$245k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Mondo Family Real Estate Ptshp · 12 yrs held
Mondo Family Real Estate Ptshp
since 2014
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±10%
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
$35 / 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
$15,755
Tax year 2024
Assessed value
$1,413,395
Assessed 2024
Previous assessed
$1,413,395
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$343,191
Assessed improvement
$1,070,204
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1989
Heating
NONE
Stories
2
Total area
6,960 SF
Lot
0.83 ac (36,154 SF)
APN
107-420-024-000
UPID
US09-1839200
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
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Mondo Family Real Estate Ptshp
Individual
Free & Clear · 12 yrs held
Mailing address
686 SPG ST, SANTA CRUZ, CA 95060-2043
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2014
—
Mondo Family Real Estate Ptshp
Mondo John P
Quit Claim Deed
related
—
Mar 31, 2014
—
Ronald J Mondo
Mondo,john P
Quit Claim Deed
related
—
Mar 7, 2014
—
John P Mondo
Mondo John P & Nadia A
Quit Claim Deed
related
—
Feb 13, 2014
—
Mondo Investments
Mondo John P & Nadia A Trust
Quit Claim Deed
related
—
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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