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    905 Mistletoe Ln Redding, CA 96002-0202
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    Property profile & analytics

    905 Mistletoe Ln Redding, CA 96002-0202

    View on Map
    • Retail space
    • 6,210 SF
    • 0.52 lot acres
    Off-Market
    Last Sale Apr 25, 2025
    $625,000
    Property ID
    US09-3056502
    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
    $635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Carmona's Appliance Center / Home Appliance Store

    Property Details for 905 Mistletoe Ln

    Year built
    1980
    Lot size
    0.52 lot acres
    Property size
    6,210 SF
    Property type
    Retail space
    APN
    107-180-080-000
    APU
    107180080000

    Description

    This exceptional 6,210 square foot freestanding retail building is ideally situated in the heart of Redding, California, at 905 Mistletoe Ln, near Larkspur Ln, zip code 96002. Built in 1980, this single-story structure sits on a 0.56-acre lot and offers ample parking with 26 spaces, including two handicap-accessible spots. The property features a spacious open showroom, a private office, a convenient break area, and a sizable back storage room. A roll-up door ensures easy loading and unloading of goods. The building benefits from a fenced yard providing additional storage space and a prominent pylon sign for excellent visibility. Zoned GC-VR-BH (General Commercial - Visitor Retail - Building Height Restriction), this location enjoys high traffic counts due to its proximity to Churn Creek Rd and Hilltop Dr, with easy access from I-5 and Highway 44. The property is currently available for lease at $5900 per month. The APN is 107-180-080. This is a fantastic opportunity for a business seeking high visibility and convenient access in a thriving Redding commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $640,000
      ML approach
      $555,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $651,000
      Market price range: $342k - $1.66M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $990,000
      Current use
      RESTAURANT
      $1,035,000
      Change: +4% Conversion: Easy
      MEDICAL BUILDING
      $920,000
      Change: -7% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.355
    Latitude
    40.5781
    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
    $6,715
    $213,254
    $385,907
    $599,161
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      1.28 Acres

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    • Value Estimation by Request
      13.90 Acres

      1200 Cypress Ave

      RETAIL STORES (PERSONAL SERVICES) • 13.90 Acres
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    • Value Estimation by Request
      0.72 Acres

      2641 Bechelli Ln

      RETAIL STORES (PERSONAL SERVICES) • 0.72 Acres
      2641 Bechelli Ln, Redding, CA 96002
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    • Value Estimation
      $3,970,000
      43,856 SF

      1659 Hilltop Dr

      RETAIL STORES (PERSONAL SERVICES) • 43,856 SF
      1659 Hilltop Dr, Redding, CA 96002-0240
      View Details
    • Value Estimation
      $1,875,000
      20,328 SF

      2304 Churn Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 20,328 SF
      2304 Churn Crk Rd, Redding, CA 96002-0736
      View Details
    • Value Estimation
      $1,495,000
      15,876 SF

      2185 Churn Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,876 SF
      2185 Churn Crk Rd, Redding, CA 96002-0747
      View Details

    Similar Nearby for Sale

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    • $679,000
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      Redding Commercial Property For Sale

      Commercial property with building on 3.34 acres near Costco.
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      500 SF

      Established Dutch Bros Investment Opportunity

      Single-tenant Dutch Bros with new 10-year lease and annual increases.
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    Similar Nearby for Lease

    • Contact for pricing
      950 SF

      Redding Commercial Space For Rent

      Multi-tenant industrial building with retail and office configurations available.
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      View Details
    • $2.00 SF/Yr
      2,250 SF

      High-Traffic Office and Retail Space

      Prime Redding location with high visibility and turnkey suite potential.
      2650 Churn Creek Rd, Redding, CA 96002
      View Details
    • $1,000 /Mo
      709 SF

      High-Traffic Retail/Office Space Available

      Prime commercial space on Churn Creek Road with high visibility.
      2070 Churn Creek Rd, Redding, CA 96002
      View Details
    • Contact for pricing

      Redding Neighborhood Shopping Center Space

      Retail spaces available in neighborhood shopping center anchored by Safeway.
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    • $1.50 SF/Yr
      5,000 SF

      Retail Space on Hilltop Drive

      Remodeled retail space in high-traffic location near hotels.
      2167 Hilltop Dr, Redding, CA 96002
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Redding, California.
      2800 Rancho Rd, Redding, CA 96002
      View Details
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    Redding, CA 96002-0202
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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