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Property profile & analytics
OFF-MARKET
Commercial real estate

530 Bottlebrush Dr Redding, CA 96003

8.86 ac lot
Property ID
US09-0090220
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 8.86 ac (385,942 SF)
APN 117-070-006-000
UPID US09-0090220
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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