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Property profile & analytics
FOR SALE
Medical Office Space
2650 Edith Ave Redding, CA 96001
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1106045
For Sale
1 / 38
$1,240,000
2650 Edith Ave, Redding, CA 96001
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1983
Total area
6,393 SF
Lot
0.16 ac (6,969 SF)
APN
104-400-078-000
UPID
US09-1106045
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
-
Generations of Women Physician
-
Stephen L Hofkin MD Physician Medical Clinic
-
Chin Don H MD Physician Medical Clinic
-
MD Aesthetics Spa & Massage Center Alternative Medicine Practice
-
The Plush Studio (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.24M
Owner & transaction history
Obstetrics & Gynecology Medical A I · 3 yrs held
Obstetrics & Gynecology Medical A I
since 2023
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+17.3%
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
$1,185,000
ML approach
$1,205,000
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$905,000
Current use
RESTAURANT
$1,065,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$795,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$745,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.45M (Dec 15 2022)
Last sale anchor
$1.45M
Dec 15 2022
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
$194 / SF
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
$18,311
Tax year 2024
Assessed value
$1,749,230
Assessed 2024
Previous assessed
$1,749,230
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$357,000
Assessed improvement
$1,392,230
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
Year built
1983
Heating
NONE
Stories
2
Units
1
Total area
6,393 SF
Lot
0.16 ac (6,969 SF)
APN
104-400-078-000
UPID
US09-1106045
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$905,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$745,000
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
2
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Obstetrics & Gynecology Medical A I
Individual
Mailing address
2650 EDITH AVE, REDDING, CA 96001-3043
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2023
—
Obstetrics & Gynecology Medical A I
Rene E Williams
Assignment Of Lease (leasehold Sale)
$583,000 · Superior California Economic Development
Dec 15, 2022
$1,445,000
Rene E Williams
Photon Investments LLC
Grant Deed
$710,400 · Cornerstone Community Bank
Feb 13, 2002
$1,072,000
Photon Investments
Ob Investments Group
Grant Deed
—
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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