2167 Hilltop Dr Redding, CA 96002-0518
- Retail space
- 10,000 SF
- 1.12 lot acres
Current Use by Public Records
- Hilltop Plaza / Business Center
- RAW / Asian Restaurant
Property Details for 2167 Hilltop Dr
- Year built
- 1992
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.12 lot acres
- Property size
- 10,000 SF
- Property type
- Retail space
- APN
- 107-190-027-000
- APU
- 107190027000
Description
This 15,900 square foot retail building in Redding, CA, offers multiple occupancy options, situated on a 1.12-acre lot at 2167 Hilltop Drive. Built in 1992 and currently fully vacant, the property boasts high visibility, directly across from major hotels including La Quinta Inn & Suites, Holiday Inn Express & Suites, and Best Western Plus. The location benefits from high traffic counts exceeding 15,500 vehicles daily. Spaces are available in various sizes, ranging from a minimum of 2,950 square feet to a maximum contiguous space of 7,950 square feet. Suite B offers 2,950 square feet, while Suites C & D combined total 5,000 square feet, with smaller divisions possible down to 1,250 square feet. Units are delivered as cold shell spaces, including a finished ADA-compliant restroom. A new sushi restaurant, "RAW," will be a co-tenant, adding to the property's appeal. Ample off-street parking is available for customers and tenants. This prime retail location in Shasta County, zip code 96003, presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,185,000
- 6.5%
- $1,060,000
- 7%
- $1,130,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,050,000
- Geo Method
- $1,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,175,000
- Retail
- $975,000
- Mixed-Use
- $1,290,000
- Hospitality
- $1,275,000
- Educational
- $1,255,000
- Residential Income
- $1,200,000
- Energy
- $1,100,000
- Income-Based Land
- $1,245,000
- Food Service
- $915,000
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.357
- Latitude
- 40.5761
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA