Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2120 Benton Dr Redding, CA 96003-2151
    Back to Search
    Property profile & analytics

    2120 Benton Dr, Redding, CA 96003-2151

    View on Map
    • Assisted living facilities
    • 42,397 SF
    • 5.91 lot acres
    Off-Market
    Property ID
    US09-2181487
    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
    $2,185,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gary W Md Crawford / Physician
    • Quartz Hill Post Acute / Nursing Home

    Property Details for 2120 Benton Dr

    Year built
    1988
    Construction
    WOOD
    Lot size
    5.91 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    112-090-019-000
    APU
    112090019000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 25, 2019 — 2120 Benton Drive LLC — Trustees Deed · related $8.7M · Housing & Healthcare Fin
    Sep 11, 2017 $8,050,000 2120 Benton Drive LLC Knd Real Estate Escrow Holdings LLC Warranty Deed $6.8M · Congressional Bank
    Sep 11, 2017 $5,282,000 Knd Real Est Escrow Hldgs LLC Ventas Rlty LP Grant Deed —
    Dec 19, 2001 — Ventas Finance I LLC Ventas Realty LP Quit Claim Deed · related $225M · Merrill Lynch Mortgage Lending
    Mar 1, 2000 — Ventas Realty LP — Deed Of Trust · related —
    — — Vencor Operating INC — Deed Of Trust · related $300k · Morgan Guaranty Trust Co Ny
    — — Vencor Operating INC — Deed Of Trust · related $120k · Morgan Guaranty Trust Co Ny

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $3,070,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,770,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.401
    Latitude
    40.5989
    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
    $95,043
    $669,310
    $8,310,616
    $8,979,926
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,105,000
      6.36 Acres

      7 Hilltop Dr

      HOMES (RETIRED, NURSING)
      7 Hilltop Dr, Redding, CA 96003-2807
      View Details
    • Value Estimation by Request
      12,122 SF

      1580 Collyer Dr

      HOMES (RETIRED, NURSING)
      1580 Collyer Dr, Redding, CA 96003-9535
      View Details
    • Value Estimation by Request
      0.87 Acres

      385 Hilltop Dr

      HOMES (RETIRED, NURSING)
      385 Hilltop Dr, Redding, CA 96003-3862
      View Details
    • Value Estimation
      $1,155,000
      25,864 SF

      395 Hilltop Dr

      HOMES (RETIRED, NURSING)
      395 Hilltop Dr, Redding, CA 96003-3710
      View Details
    • Value Estimation by Request
      3,854 SF

      20785 Old Alturas Rd

      HOMES (RETIRED, NURSING)
      20785 Old Alturas Rd, Redding, CA 96003-7606
      View Details
    • Value Estimation
      $605,000
      12,854 SF

      1794 Collyer Dr

      HOMES (RETIRED, NURSING)
      1794 Collyer Dr, Redding, CA 96003-9524
      View Details

    Similar Nearby for Sale

    • $175,000
      2.00 Acres

      Redding Land For Sale

      Land for sale in Redding, California, with custom home potential.
      2 Phase2 Stillwater Rnch, Redding, CA 96003
      View Details
    • $225,000
      2.70 Acres

      Land For Sale, Redding, CA

      2.7 acre commercial land available in Redding, California.
      2 Stillwater Rd, Redding, CA 96003
      View Details
    • $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
    • Contact for pricing
      0.30 Acres

      Redding Land with Mountain Views

      Land in Redding, CA, with mountain views and utilities.
      22195 Loop Dr, Redding, CA 96003
      View Details
    • $45,000
      6.59 Acres

      Land with Open Views

      6.59 acre land parcel in Redding, California.
      Wintu Way, Redding, CA 96003
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Redding, California.
      905-917 Dana Dr, Redding, CA 96003
      View Details
    • Contact for pricing

      Professional Office Suite For Rent

      Functional office suite in established North Redding office park.
      B-1415 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
    • 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
    • Contact for pricing
      1,309 SF

      Retail Space Near Shasta Mall

      Retail space in shopping center anchored by Target and Hobby Lobby.
      1355 Churn Creek Rd, Redding, CA 96003
      View Details
    • Contact for pricing

      Downtown Redding Office Suite

      Professional office suite in downtown Redding with reception and private office.
      122-1670 Market St, 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.
    2120 Benton Dr
    Redding, CA 96003-2151
    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

    Thank You for Inquiry
    2120 Benton Dr, Redding, CA, 96003
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!