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Property profile & analytics
OFF-MARKET
Investment properties

1945 Shasta St Redding, CA 96001-0478

6,278 SF 0.32 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-1556827
Property summary
AI-generated overview

This exceptional Class A executive office suite, located at 1945 Shasta Street in downtown Redding, California, offers 1,600 square feet of move-in ready space. The single-tenant building boasts a prime location with excellent street visibility and ample parking, accessible via two convenient driveway curb cuts. The well-maintained two-story building provides a professional and efficient work environment. The suite itself features a functional floor plan, abundant natural light from eastern exposure, and mature landscaping. Situated on the second floor, it's easily accessible via two stairwells. The current tenant is vacating in October and is open to selling existing furniture. This turnkey opportunity allows immediate occupancy and is perfect for a business seeking a prestigious downtown Redding address. The suite is part of a 1,600 square foot building, offering a blend of convenience and professional appeal. The property's location in the heart of downtown Redding provides easy access to lunch spots and other appointments, enhancing the overall convenience and appeal for businesses and employees alike. The property's features, including the ample parking and excellent visibility, make it an attractive option for businesses seeking a high-profile location. The opportunity to purchase existing furniture adds to the turnkey nature of this exceptional office space. Don't miss this chance to secure a desirable office suite in a thriving downtown location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1987
Total area 6,278 SF
Lot 0.32 ac (13,797 SF)
APN 105-780-003-000
UPID US09-1556827
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
  • Riverstone Coaching & Consulting, LLC Consultant
  • Dr. Joseph P. Purcell, DO Physician
  • Bookkeeper's Keeper Accounting Firm Tax Preparation
  • Redding Spine and Sports Medicine Medical Clinic
  • Redding Spine & Sports Medicine Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Drsp Holdings LLC · 4 yrs held
Drsp Holdings LLC
since 2022
7 recorded transactions
2022
Price N/A
2012
Price N/A
2012
$455,000
2011
Price N/A
2009
Price N/A
2009
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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