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Property profile & analytics
FOR SALE
Medical Office Space
2510 Airpark Dr Redding, CA 96001
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1437229
For Sale
1 / 40
$605,000
2510 Airpark Dr, Redding, CA 96001
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Lot
4.2 ac (182,952 SF)
APN
104-880-026-000
UPID
US09-1437229
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
Current use
Occupant on record · Public records
-
Ragsdale Richard MD Physician
-
Dr. David A. Short, MD Pediatrician Physician
-
Dr. David W. Civalier, MD Pediatrician Physician
-
Dr. James R. Bennie, MD Pediatrician Physician
-
Aaron Guest, PA-C Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Northern California Medical Bldg As · 4 yrs held
Northern California Medical Bldg As
since 2021
Last sale
$782,500
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$430,000
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $783k (Dec 15 2021)
Last sale anchor
$783k
Dec 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$104,270
Tax year 2024
Assessed value
$9,855,040
Assessed 2024
Previous assessed
$9,855,040
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,273,609
Assessed improvement
$8,581,431
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
For Sale
Heating
NONE
Lot
4.2 ac (182,952 SF)
APN
104-880-026-000
UPID
US09-1437229
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
4.2 ac
Current owner
From public records · entity-resolved
Northern California Medical Bldg As
Individual
Mailing address
2510 AIRPARK DR, REDDING, CA 96001-2449
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
Narthern Ca Medical Bldg Assc LLC
—
Deed
related
$290,000 · Cornerstone Community Bank
Dec 15, 2021
—
Northern California Medical Bldg As
Northern California Medical Bldg As
Intrafamily Transfer
related
$500,000 · Tri Counties Bank
Aug 12, 1998
—
Northern California Medical Bu
Northern California Medical Bu
Quit Claim Deed
related
$4,250,000 · Redding Bank Of Commerce
May 17, 1996
$782,500
Northern Ca Medical Building
Mercy Hospital Of Redding INC
Grant Deed
$332,170 · Mercy Health Care North
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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