530 Bottlebrush Dr Redding, CA 96003
This exceptional 8.86-acre parcel presents a prime opportunity for residential subdivision development in Redding, California. Located at 530 Bottlebrush Dr, 96003, this property boasts a previously approved Tentative Map, streamlining the development process. The RS-3 zoning permits residential construction, allowing for the creation of up to 28 lots. Situated in a desirable neighborhood off Hilltop Drive, this location offers convenient access to major amenities. Proximity to the I-5 freeway, downtown Redding, and the Redding Mall ensures high desirability for future residents. The existing infrastructure in surrounding subdivisions further reduces development costs and timelines. The APN is 117-070-006-000. This is an ideal investment for developers seeking a well-positioned project with significant potential for return. The asking price for this exceptional opportunity is $950,000. This property is ready for a developer to capitalize on its potential and bring a new residential community to this thriving area of Shasta County. The advantageous location and pre-approved plans make this a truly unique and attractive development opportunity.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.