3167 Redwood Dr Redway, CA 95560
This exceptional 205-acre parcel located at 3167 Redwood Drive, Redway, CA 95560, presents a unique investment opportunity for discerning developers and entrepreneurs. Situated in Humboldt County, this expansive property boasts diverse zoning designations, encompassing Commercial Services, Agricultural (AG), and Residential (RA-5), offering remarkable flexibility for a wide array of projects. The land itself includes over 200 acres of timber, adding significant value and potential. Existing infrastructure on the site includes greenhouses, providing a solid foundation for future development. Previous plans for the property have included a church, homeless shelter services, and a CBD facility, demonstrating the versatility of the zoning and the potential for impactful community projects. A permitted cannabis grow is also a possibility. The property is serviced by well water, and power is available at the street. The motivated seller is eager to find the right buyer to shape the future of Redway. This is a rare chance to acquire a substantial land holding in a desirable location with significant development potential. The latitude and longitude coordinates are 40.115642, -123.814629. Asking price is $1,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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