Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3125 Leonard St Redding, CA 96002-2309
    Back to Search
    Property profile & analytics

    3125 Leonard St, Redding, CA 96002-2309

    View on Map
    • Commercial land
    • 0.43 lot acres
    Off-Market
    Property ID
    US09-0187331
    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

    • Commercial land

    Property Details for 3125 Leonard St

    Lot size
    0.43 lot acres
    Property type
    Commercial land
    APN
    110-020-008-000
    APU
    110020008000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 4, 2005 — Campbell Leslie Family Trust Campbell,leslie H II Quit Claim Deed · related —
    Apr 22, 2005 $340,000 Goodman D M & R C 2000 Trust Millennium Investors Grp INC Grant Deed —
    Oct 19, 2004 $237,000 Millennium Investors Group INC Tatom 2001 Trust Grant Deed —
    Oct 19, 2004 — Souphaluck Saeteurn Kimpheng,lim Grant Deed · related —
    Jun 17, 2004 $120,000 Tatom,tr Nelson,tr Grant Deed —
    Nov 19, 2003 $25,000 Nelson,tr Campbell,leslie H Grant Deed —

    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
    -122.321
    Latitude
    40.5621
    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
    $769
    $70,000
    $0.00
    $70,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20.19 Acres

      3747 Old Oregon Trl

      VACANT COMMERCIAL LAND
      3747 Old Oregon Trl, Redding, CA 96002
      View Details
    • Value Estimation by Request
      4.59 Acres

      65 Parkview Ave

      VACANT COMMERCIAL LAND
      65 Parkview Ave, Redding, CA 96002
      View Details
    • Value Estimation by Request
      0.28 Acres

      2863 Hawn Ave

      VACANT COMMERCIAL LAND
      2863 Hawn Ave, Redding, CA 96002-1727
      View Details
    • Value Estimation by Request
      0.45 Acres

      2380 Henderson Rd

      VACANT COMMERCIAL LAND
      2380 Henderson Rd, Redding, CA 96002-1836
      View Details
    • Value Estimation by Request
      0.16 Acres

      2148 Hilltop Dr

      VACANT COMMERCIAL LAND
      2148 Hilltop Dr, Redding, CA 96002-0512
      View Details
    • Value Estimation by Request
      0.23 Acres

      2631 Reservoir Ln

      VACANT COMMERCIAL LAND
      2631 Reservoir Ln, Redding, CA 96002-1210
      View Details

    Similar Nearby for Sale

    • $1,750,000
      29.01 Acres

      Prime Redding Commercial Land Parcel

      29-acre commercial land in Stillwater Business Park, Redding, CA.
      5255 Venture Pkwy, Redding, CA 96002
      View Details
    • $35,000
      1.79 Acres

      Redding Commercial Lot For Sale

      1.79-acre commercial lot in a high-growth Redding area.
      2755 Goodwater Ave, Redding, CA 96002
      View Details
    • Contact for pricing

      Churn Creek Road Commercial Parcels

      Four commercial parcels with cell tower and traffic signal access.
      1710 Canby Rd, Redding, CA 96002
      View Details
    • Contact for pricing

      Redding Commercial Parcels For Sale

      Two commercial parcels in Redcliff Business Park, Redding, California.
      407 Knollcrest Dr, 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
    • $139,000
      2.50 Acres

      Prime Corner Land in Redding

      High-visibility corner lot with highway access and diverse potential uses.
      3035 Argyle Rd, Redding, CA 96002
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land Near Redding Airport

      Commercial land for lease with fenced yard near Hwy 44.
      8872 Old Oregon Trl, Redding, CA 96002
      View Details
    • Contact for pricing

      Land for Lease

      Land available for lease in Redding, CA.
      Nwc Of Shasta Vw Dr. & Rancho Rd, Redding, CA 96002
      View Details
    • Contact for pricing

      Regional Shopping Center in Redding

      New regional shopping center with excellent freeway exposure.
      4619-4631 Churn Creek Rd, Redding, CA 96002
      View Details
    • Contact for pricing
      2,250 SF

      High-Traffic Office and Retail Space

      Prime Redding location with high visibility and turnkey suite potential.
      2650 Churn Creek Rd, Redding, CA 96002
      View Details
    • 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
    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.
    3125 Leonard St
    Redding, CA 96002-2309
    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
    3125 Leonard St, 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!