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555 E Cypress Ave Redding, CA 96002
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555 E Cypress Ave Redding, CA 96002


  • Automotive properties
  • 65,920 SF
  • 11.34 lot acres
Redding Retail Space with Drive-Thru For Lease
$9,725,000
2,500 SF

Redding Retail Space with Drive-Thru

High-visibility retail space with drive-thru and ample parking.

555 E Cypress Ave, Redding, CA 96002
View Listing
Property ID
US09-0863928
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

  • Crown Work Trucks / Car Dealership
  • Crown Ford Service / Auto Repair Shop
  • Late Generation Muscle / Car Dealership
  • Crown Lincoln Service / Auto Repair Shop
  • Crown Lincoln Parts / Auto Parts Store

Property Details for 555 E Cypress Ave

Year built
1977
Construction
TILT-UP CONCRETE
Lot size
11.34 lot acres
Property size
65,920 SF
Property type
Automotive properties
APN
102-470-018-000
APU
102470018000

Description

This exceptional 2,500 square foot retail property, located at 555 E Cypress Ave, Redding, CA 96002, boasts unparalleled visibility and accessibility. Situated at the intersection of Cypress Avenue and I-5, this prime location benefits from significant daily traffic counts: 40,000 vehicles on Cypress Avenue and an additional 69,000 on I-5 (excluding semi-trucks). The property sits on a 5.29-acre lot (APN 107-040-040, Shasta County) and is zoned GC - General Commercial. Currently occupied, the space offers a desirable drive-thru option with an eight-vehicle stacking lane, ensuring efficient customer service. Ample parking is available for walk-in customers. The strong tenant mix in the immediate vicinity includes well-established businesses such as Leslie's Pool Supplies, Office Depot, Lumberjacks restaurant, and West Marine. This presents a unique opportunity for investors seeking high-exposure retail space in a thriving Redding commercial corridor. The property's cross street is Bechelli Lane. The building is classified as both retail and office, with multiple tenancies.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $11,375,000
    Market price range: $4.56M - $11.4M
    AI Estimate
    $8,069,000
    Market price range: $2.44M - $8.07M
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $7,310,000
    Current use
    RESTAURANT
    $10,965,000
    Change: +50% Conversion: Difficult
    MEDICAL BUILDING
    $9,350,000
    Change: +28% Conversion: Difficult
    RETAIL STORES
    $8,200,000
    Change: +12% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $7,690,000
    Change: +5% Conversion: Moderate
    INDUSTRIAL (GENERAL)
    $5,955,000
    Change: -19% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Redding
County
Shasta
State
California
Longitude
-122.379
Latitude
40.5723
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
$96,090
$2,839,875
$6,105,749
$8,945,624
-
$0.00
$0.00
$0.00
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