22070 Palo Way Palo Cedro, CA 96073
- Office Properties & Spaces
- 5,461 SF
- 0.40 lot acres
Current Use by Public Records
- Palo Cedro Garden Supply / Hydroponics Equipment Supplier
- Innovative Viewing Systems / Tropical Fish Store
Property Details for 22070 Palo Way
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 0.40 lot acres
- Property size
- 5,461 SF
- Zone code
- C-2
- Property type
- Office Properties & Spaces
- APN
- 059-110-042-000
- APU
- 59110042000
Description
This exceptional mixed-use property in Palo Cedro, CA, offers 5,460 square feet across two buildings on a 0.4-acre lot. Building #1, a 2,950-square-foot single-story structure, features an open retail/office space with a private office, kitchenette, and bathroom. Fresh paint and new flooring enhance this versatile area. Building #2, a 2,500-square-foot two-story building, includes a 1,450-square-foot warehouse with an 8x8 roll-up door and a bathroom. The upstairs area (1,050 sq ft) boasts two private offices, a large multi-functional area, and two bathrooms, all recently updated. The property benefits from six electric meters, allowing for efficient division into multiple units. Located less than a mile from Highway 44, it enjoys convenient access to local amenities, including restaurants, banks, and schools. The C2 zoning permits multiple operations, making this a rare and highly desirable investment opportunity in a thriving community. Built in 1992 and renovated in 2024, this property presents a compelling blend of established infrastructure and modern updates. The asking price is $680,000, with a price per square foot of $124.54. The property includes 17,424 square feet of land and features central heating and air conditioning in both buildings.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $577,000
- AI Estimate
- $547,000
Market price range: $407k - $988kMarket price range: $256k - $980k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $680,000 Current use
- RESTAURANT
- $910,000 Change: +34% Conversion: Difficult
- MEDICAL BUILDING
- $790,000 Change: +16% Conversion: Easy
- RETAIL STORES
- $655,000 Change: -4% Conversion: Easy
- AUTO REPAIR, GARAGE
- $605,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palo Cedro
- County
- Shasta
- State
- California
- Longitude
- -122.236
- Latitude
- 40.5555
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA