900 Montclair Dr Redding, CA 96003
This exceptional 32.6-acre commercial land parcel, encompassing two contiguous properties (APN 073-350-030 and 073-090-031), presents a remarkable development opportunity in Redding, California's desirable Blossom Park Subdivision. Located at 900 and 1320 Montclair Dr, Redding, CA 96003 (40.627405, -122.36251), this property boasts expired tentative maps previously outlining plans for approximately 73 single-family residential lots. The substantial lot size ensures ample space for the creation of desirable homes, capitalizing on the area's strong demand. The property's prime location within Blossom Park Subdivision offers convenient access to all that Redding has to offer, while the stunning views of the surrounding mountains add significant appeal. This is an ideal project for developers seeking to create a high-quality residential community. The asking price for this exceptional development opportunity is $500,000. Don't miss this chance to acquire a significant land holding in a thriving California market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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