2495 Progress Dr, Redding, CA 96001
- Industrial properties
- 7,750 SF
- 0.49 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 2495 Progress Dr
- Year built
- 2006
- Lot size
- 0.49 lot acres
- Property type
- Industrial properties
- APN
- 048-110-033-000
- APU
- 48110033000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 6, 2025 | — | Beau Lane | Johanna Layne | Deed · related | — |
| Nov 6, 2025 | $525,000 | Tatom 2001 Trust | Todd Kittinger | Grant Deed | — |
| Jun 21, 2024 | $490,000 | Todd Kittinger | Todd Kittinger | Grant Deed · related | — |
| Jan 16, 2024 | $980,000 | Todd Kittinger | Anne Carter Taylor | Grant Deed | $350k · Sean Heath Ira |
| Sep 30, 2020 | $675,000 | Taylor A Carter | Robert J Martin | Grant Deed | $350k · Sean Health Ira |
| Jul 9, 2015 | $390,000 | Robert J Martin | M & M Partnership | Grant Deed | $371k · Cornerstone Community Bank |
| Jul 9, 2015 | — | Robert J Martin | Martin,shirley | Quit Claim Deed · related | — |
| — | — | Ptshp | — | Deed Of Trust · related | $350k · Honey Hills Trust |
| — | — | Ptshp | — | Deed Of Trust · related | $350k · Eagle Trust |
| — | — | Ptshp | — | Deed Of Trust · related | $390k · Tri Counties Bank |
| — | — | Ptshp | — | Deed Of Trust · related | $100k · Richard D Karem |
Description
This exceptional 7,750 square foot warehouse in Redding, CA, presents a rare opportunity to acquire a fully city and state-approved cannabis cultivation facility. The property is located at 2495 Progress Drive and boasts pre-approved plans, contractor bids, and established key contacts, streamlining the transition to operational status. Significant groundwork has already been completed, including the installation of DPS-paneled rooms and comprehensive electrical upgrades. These upgrades encompass a new switchgear box and electrical panels, representing substantial cost and time savings for the new owner. The property's existing infrastructure significantly reduces the hurdles typically associated with establishing a cultivation operation. Beyond its immediate suitability for cannabis cultivation, this property offers compelling investment potential. Its adaptable design and established infrastructure make it an attractive option for lease, promising a consistent stream of rental income. The property sits on a 0-acre lot and is priced at $1,150,000. This turnkey solution presents a unique opportunity for both experienced cultivators and savvy investors seeking a high-return asset in a thriving market. The property's pre-approved status and completed infrastructure minimize risk and accelerate the path to profitability.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $980,000
- ML approach
- $980,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $700,000 Current use
- RESTAURANT
- $1,290,000 Change: +84% Conversion: Difficult
- MEDICAL BUILDING
- $1,100,000 Change: +57% Conversion: Difficult
- RETAIL STORES
- $965,000 Change: +38% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $905,000 Change: +29% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $860,000 Change: +23% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.384
- Latitude
- 40.5559
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA
