Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2829 Childress Dr Anderson, CA 96007-3563
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2829 Childress Dr Anderson, CA 96007-3563

    View on Map
    • Office properties & Spaces
    • 3,936 SF
    • 0.40 lot acres
    Off-Market
    Property ID
    US09-0264607
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 2829 Childress Dr

    Year built
    1990
    Lot size
    0.40 lot acres
    Property size
    3,936 SF
    Property type
    Office properties & Spaces
    APN
    201-620-062-000
    APU
    201620062000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $735,000
      6.5%
      $680,000
      7%
      $630,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $712,000
      Market price range: $293k - $712k
      AI Estimate
      $765,000
      Market price range: $155k - $895k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $490,000
      Current use
      MEDICAL BUILDING
      $570,000
      Change: +16% Conversion: Easy
      RETAIL STORES
      $470,000
      Change: -4% Conversion: Easy
      AUTO REPAIR, GARAGE
      $435,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Shasta
    State
    California
    Longitude
    -122.291
    Latitude
    40.4552
    CBSA code
    39820
    CBSA name
    REDDING, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,867
    $130,000
    $465,000
    $595,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      26.49 Acres

      19794 Riverside Ave

      OFFICE (GENERAL) • 26.49 Acres
      19794 Riverside Ave, Anderson, CA 96007-4908
      View Details
    • Value Estimation by Request
      0.86 Acres

      2775 Ventura St

      OFFICE (GENERAL) • 0.86 Acres
      2775 Ventura St, Anderson, CA 96007-3690
      View Details
    • Value Estimation by Request
      0.09 Acres

      2971 Ctr St

      OFFICE (GENERAL) • 0.09 Acres
      2971 Ctr St, Anderson, CA 96007-3443
      View Details
    • Value Estimation by Request
      0.14 Acres

      Anderson, CA 96007

      OFFICE (GENERAL) • 0.14 Acres
      Anderson, CA 96007
      View Details
    • Value Estimation
      $610,000
      11,062 SF

      1701 Bruce Dr

      OFFICE (GENERAL) • 11,062 SF
      1701 Bruce Dr, Anderson, CA 96007-4126
      View Details
    • Value Estimation by Request
      1,307 SF

      2971 Martha St

      OFFICE (GENERAL) • 1,307 SF
      2971 Martha St, Anderson, CA 96007-3431
      View Details

    Similar Nearby for Sale

    • $968,000
      11,710 SF

      Remodeled Commercial Building in Anderson

      Remodeled 11,710 SF commercial building suitable for various businesses.
      1701 Bruce Dr, Anderson, CA 96007
      View Details
    • Contact for pricing
      17,639 SF

      Veterinary Clinic Investment Opportunity

      Corporate-guaranteed NNN lease with annual rent increases.
      2006 S Barney Rd, Anderson, CA 96007
      View Details
    • Contact for pricing
      13,350 SF

      Anderson Industrial Facility with Cleanroom

      13,350 SF industrial facility with clean room in Anderson.
      6100 Bellevue Ln, Anderson, CA 96007
      View Details
    • Contact for pricing
      1,728 SF

      Anderson Office Building with Expansion

      Office building with expansion potential near I-5 in Anderson.
      2161 Ferry St, Anderson, CA 96007
      View Details
    • $199,000
      1,728 SF

      Anderson Office Building with Expansion

      Office building with expansion potential in prime Anderson location.
      2161 Ferry St, Anderson, CA 96007
      View Details
    • $999,000
      2,200 SF

      Highway Frontage Mixed-Use Property

      4-acre commercial property with office, shop, and residential income.
      6738 State Highway 273, Anderson, CA 96007
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      1,242 SF

      Office Building Near I-5

      Office building featuring private offices, open workroom, and parking.
      2336 Balls Ferry Rd, Anderson, CA 96007
      View Details
    • $1,300 /Mo
      1,370 SF

      Corner Lot Office Building

      Office building with corner lot exposure, near retail amenities.
      2036 Balls Ferry Rd, Anderson, CA 96007
      View Details
    • Contact for pricing

      Anderson Industrial Corridor Flex Space

      Versatile incubator space in Anderson's industrial corridor for rent.
      6200 Stainless Way, Anderson, CA 96007
      View Details
    • Contact for pricing

      Retail Space in Anderson Square

      Retail and restaurant spaces available in a busy shopping center.
      2613-2695 Balls Ferry Rd, Anderson, CA 96007
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2829 Childress Dr
    Anderson, CA 96007-3563
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!