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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
6854 Airport Rd Redding, CA 96002-9474
Individually Owned
28-yr Hold
Free & Clear
Property ID
US09-1993748
Property summary
AI-generated overview
This Redding, CA industrial property, located at 6854 Airport Rd, offers 2,600 square feet of warehouse space on a 27,327 square foot lot. Zoned for light industrial use (M-L-AP), it boasts excellent visibility along Airport Road with 95 feet of frontage and two curb cuts. Existing improvements include a front commercial building and a 1,600+ sq ft rear shop, currently used as an automotive shop. A single-wide mobile home (installed 1978) is also on the site. The property features partial asphalt paving and utilities including PG&E electricity and gas, a well, and a septic system. Its rectangular shape and diverse permitted uses make it ideal for various businesses. The asking price is $450,000, translating to $173.08 per square foot.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Lot
0.62 ac (27,007 SF)
Zoning code
M-L
APN
056-380-001-000
UPID
US09-1993748
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
Current use
Occupant on record · Public records
-
Fairway Tire & Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kenneth W Estep · 28 yrs held
Kenneth W Estep
since 1998
1 recorded transaction
Zoning & alternative use
M-L · Redding, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,196
Tax year 2024
Assessed value
$201,883
Assessed 2024
Previous assessed
$201,883
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$71,991
Assessed improvement
$129,892
Applied tax rate
115.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Heating
NONE
Lot
0.62 ac (27,007 SF)
Zoning code
M-L
APN
056-380-001-000
UPID
US09-1993748
Jurisdiction
SHASTA
Zoning & alternative use
M-L · Redding, CA
Zoning M-L · permitted uses
M-L · Redding, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redding. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Kenneth W Estep
Individual
Free & Clear · 28 yrs held
Mailing address
6854 AIRPORT RD, REDDING, CA 96002-9474
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 1998
$13,000
Kenneth W Estep
Miller Trust
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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