Technical
Financial
Distress signals
Property profile

8 Sutter St Red Bluff, CA 96080

OFF-MARKET
Commercial land
Property ID
US09-3363710
2.61 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of a 2.61-acre commercial land parcel zoned Commercial (C-3), with utilities available at the site. It is a corner lot positioned near local destinations, located in front of a hotel and a 3-story apartment building. The site is adjacent to the I-5 exit to Main Street in Red Bluff, approximately 200 yards from St. Elizabeth Community Hospital (the only hospital in Red Bluff), and about one-quarter mile from downtown Red Bluff. The parcel is suited for commercial development, including retail use such as a small cluster or strip of stores and potential 24/7 restaurant or fast-food uses, subject to applicable approvals and regulations. The surrounding area includes the Shasta College Tehama Campus, and a Walmart Distribution facility is located roughly 2 miles away.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.61 ac (113,691 SF)
Zoning code C-3
APN 035-060-053-000
UPID US09-3363710

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8 Sutter St Red Bluff, CA 96080-4312
Red Bluff metro Census 702 RED BLUFF, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2017
Price N/A
2011
Price N/A
2006
Price N/A

Zoning & alternative use

C-3 · Red Bluff, CA
Zoning description

§ 25.70 C-3, GENERAL COMMERCIAL DISTRICTS. (A) This district classification is intended to be applied where general commercial facilities are necessary for public service and convenience that are designated “C” on the la…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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