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Property profile & analytics
OFF-MARKET
Commercial real estate

2150 Laurel Ave Redding, CA 96001

28 ac lot
Property ID
US09-2331684
Property summary
AI-generated overview

This exceptional 28-acre parcel presents a remarkable development opportunity in West Redding, California. Located at 2150 Laurel Ave, 96001, this property boasts a previously approved tentative map, simplifying the development process. All utilities are readily available, making this a highly attractive investment. The land is zoned RS-4 and was approved for a subdivision of 50 lots, many offering breathtaking views of Redding's northern and eastern landscapes. A significant greenbelt area behind the proposed building pads ensures enhanced privacy for future residents. The existing plan allows for the construction of homes with Accessory Dwelling Units (ADUs), and the potential for a higher-density development warrants further exploration. Its convenient location near Downtown Redding and Mercy Medical Center, coupled with its adjacency to the Indian Hills Subdivision, adds to its desirability. This is an ideal opportunity for developers seeking a prime residential infill project in a thriving California community. The property's size and zoning regulations offer significant flexibility for a variety of development plans. Serious inquiries are encouraged to explore the full potential of this exceptional land offering.

Property profile
Verified
Property type Commercial real estate
Lot 28 ac (1,219,680 SF)
UPID US09-2331684
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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