Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2914 Churn Crk Rd Redding, CA 96002-1119
    Back to Search
    Property profile & analytics

    2914 Churn Crk Rd, Redding, CA 96002-1119

    View on Map
    • Turn key restaurants
    • 2,227 SF
    • 0.54 lot acres
    Off-Market
    Property ID
    US09-0518175
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lunas: Latin-Asian Fusion Restaurant / Restaurant
    • Lunas: Latin-Asian Fusion & Bar / Restaurant
    • Lana Fusion / Restaurant

    Property Details for 2914 Churn Crk Rd

    Year built
    1980
    Lot size
    0.54 lot acres
    Property type
    Turn key restaurants
    APN
    107-350-033-000
    APU
    107350033000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 24, 2012 — Martinez Nery & M 2012 Trust Martinez,nery & Noemi Quit Claim Deed · related —
    Feb 9, 2010 $340,000 Nery Martinez Manzo,roberto Grant Deed $135k · Roberto Manzo
    Feb 6, 2002 $340,000 Roberto Manzo Corbett,christopher & Melvina Grant Deed $300k · Christopher & Melvina Corbett
    Dec 7, 1995 $160,000 Christopher Corbett Davis,colin C & Christi L Grant Deed · related $160k · Davis Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.354
    Latitude
    40.5651
    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
    $4,862
    $189,820
    $240,441
    $430,261
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,752 SF

      121 Hartnell Ave

      RESTAURANT
      121 Hartnell Ave, Redding, CA 96002-1841
      View Details
    • Value Estimation
      $2,430,000
      0.90 Acres

      1151 Hartnell Ave

      RESTAURANT
      1151 Hartnell Ave, Redding, CA 96002-2113
      View Details
    • Value Estimation by Request
      1.88 Acres

      2184 Hilltop Dr

      RESTAURANT
      2184 Hilltop Dr, Redding, CA 96002-0512
      View Details
    • Value Estimation by Request
      3,900 SF

      10 Hartnell Ave

      RESTAURANT
      10 Hartnell Ave, Redding, CA 96002-1840
      View Details
    • Value Estimation by Request
      1,608 SF

      2586 Churn Crk Rd

      RESTAURANT
      2586 Churn Crk Rd, Redding, CA 96002-1127
      View Details
    • Value Estimation by Request
      0.93 Acres

      1955 Hilltop Dr

      RESTAURANT
      1955 Hilltop Dr, Redding, CA 96002-0211
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      500 SF

      Established Dutch Bros Investment Opportunity

      Single-tenant Dutch Bros with new 10-year lease and annual increases.
      2900 Churn Creek Rd, Redding, CA 96002
      View Details
    • $168,000
      1,000 SF

      Renovated Zen-Inspired Office/Salon Space

      Turnkey 1,000 sq ft office/salon space in Redding, CA.
      2785 Bechelli Ln, Redding, CA 96002
      View Details
    • $549,900
      3,200 SF

      Redding Commercial Opportunity For Sale

      Two-building commercial property with multiple use potential in Redding, CA.
      2418 Victor Ave, Redding, CA 96002
      View Details
    • $679,000
      3.34 Acres

      Redding Commercial Property For Sale

      Commercial property with building on 3.34 acres near Costco.
      5490 Churn Creek Rd, Redding, CA 96002
      View Details
    • $1,100,000
      8,500 SF

      Redding Commercial Building For Sale

      Centrally located building with high traffic and large parking lot.
      401 E Cypress Ave, Redding, CA 96002
      View Details
    • New
      $749,000
      5,100 SF

      Highly Visible Retail Investment Property

      Two established tenants offer immediate income with strong visibility and convenient Interstate 5 access in a high-traffic corridor.
      2104 Hilltop Dr, Redding, CA 96002
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Redding Retail Space with Drive-Thru

      High-exposure retail space with optional drive-thru and ample parking.
      525-555 E Cypress Ave, Redding, CA 96002
      View Details
    • Contact for pricing
      4,284 SF

      Salon and Restaurant Suite Available

      Turn-key salon and restaurant suite with excellent visibility.
      10 Hartnell Ave, Redding, CA 96002
      View Details
    • $1,200 /Mo

      Versatile Commercial Space Available Now

      Commercial space suitable for retail, office, or other business ventures.
      851 Commerce St, Redding, CA 96002
      View Details
    • Contact for pricing

      Redding Shopping Center Near Medical

      Well-positioned shopping center adjacent to planned medical campus.
      10-190 Hartnell Ave, Redding, CA 96002
      View Details
    • Contact for pricing

      Redding Retail Space with Drive-Thru

      High-visibility retail space with drive-thru and ample parking.
      555 E Cypress Ave, Redding, CA 96002
      View Details
    • $999 /Mo

      Versatile Commercial Space in Redding

      Adaptable commercial space suitable for various business types.
      2494 Beverly Dr, Redding, CA 96002
      View Details

    Property Visit Statistics

    • Visits by month
      39.8k
    • Visitors by month
      17.6k
    • Avg Time on site
      8 min
    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.
    2914 Churn Crk Rd
    Redding, CA 96002-1119
    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

    Thank You for Inquiry
    2914 Churn Crk Rd, Redding, CA, 96002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!