2150 Laurel Ave Redding, CA 96001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.