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Property profile & analytics
OFF-MARKET
Turn key restaurants

1955 Hilltop Dr Redding, CA 96002-0211

0.93 ac lot
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1397098
Property summary
AI-generated overview

This exceptional turnkey casual dining restaurant presents a rare opportunity for immediate ownership and operation. Located on a highly visible 1.8-acre lot along Interstate-5 in Redding, California, this fully improved 6,130 square foot building boasts 100% occupancy. The property includes two parcels and benefits from a prime location near Mount Shasta Mall, ensuring high foot traffic and visibility. The surrounding area is densely populated with complementary businesses, including Oxford Suites, Planet Fitness, Sportsman's Warehouse, Goodwill, and Applebee's, creating a synergistic and thriving commercial environment. The single-story building is ready for immediate use, eliminating the need for extensive renovations or improvements. This established restaurant offers a significant advantage for a buyer seeking a profitable, established business with immediate revenue generation. The asking price is $2,500,000. This is an exceptional opportunity to acquire a well-established restaurant in a high-traffic location with significant growth potential. The property's size and location make it ideal for expansion or diversification of services. The central Redding location, in Shasta County, provides easy access to a large customer base. This is a truly remarkable opportunity for an experienced restaurateur or investor seeking a profitable and established business.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.93 ac (40,510 SF)
APN 107-310-046-000
UPID US09-1397098
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
  • Logan's Roadhouse | Happy Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Joseph K Wong · 4 yrs held
Joseph K Wong
since 2022
7 recorded transactions
2022
Price N/A
2007
Price N/A
2005
Price N/A
2004
Price N/A
1998
Price N/A
1995
Price N/A
1994
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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