1860 Canby Rd Redding, CA 96002
- Commercial real estate
- 2.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1860 Canby Rd
- Lot size
- 2.70 lot acres
- Property type
- Commercial real estate
- APN
- 107-320-016
Description
This exceptional 2.7-acre commercial land parcel presents a remarkable redevelopment opportunity in Redding, California's thriving commercial district. Located at 1860 Canby Rd, and zoned for commercial use, this property (APN 107-320-016) offers significant potential for a diverse range of developments, including office spaces, retail establishments, or other commercial ventures. Its strategic location provides convenient access via Canby Road, and with minimal infrastructure improvements, it can also be accessed from and potentially receive a Churn Creek address, just 100 yards from the signalized intersection of Mistletoe Lane and Churn Creek Road. All essential utilities, including sewer and water, are readily available underground. Currently, a two-bedroom, two-bathroom house sits on the property, offering potential rental income to offset carrying costs during the development phase. The land is priced at $5.34 per square foot, totaling $650,000. The possibility of owner financing may be available. This infill site represents a compelling investment opportunity in a high-demand area. Further details regarding adjacent businesses are available upon request. The property is privately owned.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.3533586
- Latitude
- 40.5804009
