930 Executive Way Redding, CA 96002-0632
Property profile & analytics
930 Executive Way, Redding, CA 96002-0632
- Office Spaces
- 14,750 SF
- 0.73 lot acres
Property ID
US09-8890205
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.
Location Intelligence
Current Use by Public Records
- Margaret Poytress, LMFT / Psychotherapist
- Inspired Life Counseling - Redding / Crisis Center / Medical Clinic
- Sarah J. Parker, Marriage and Family Therapy / Marriage Or Relationship Counselor
- Maureen Seifert Integrative Therapy / Psychotherapist
- Northern California EMS, Inc. / Certification Agency
Property Details for 930 Executive Way
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 0.73 lot acres
- Property type
- Office Spaces
- APN
- 107-190-034-000
- APU
- 107190034000
Description
This exceptional Class A office building, located at 930 Executive Way in Redding, CA, presents a compelling investment opportunity. The property boasts 14,750 square feet across two buildings, situated on a 0.73-acre lot in a prime Central Redding location. With easy access to Interstate 5 and Highway 44, this two-story brick building features floor-to-ceiling windows, creating bright and modern executive suites. Currently 100% occupied with four units, the property generates a strong net operating income (NOI) of $152,509, resulting in a desirable cap rate of 5.67%. The asking price is $2,690,000, translating to $182.37 per square foot—significantly below replacement cost for a building of this caliber. Ample parking is provided with 45 spaces, a ratio of 3 spaces per 1,000 square feet. The property is zoned for general office use and benefits from excellent natural light. This is a rare opportunity to acquire a high-quality, fully occupied office building in a thriving market. The building's prestigious aesthetic and strategic location make it an ideal investment for discerning buyers seeking strong returns and long-term stability. The property's current income and stabilized expenses contribute to its attractive cap rate.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,522,000
- AI Estimate
- $1,501,000
Market price range: $1.19M - $2.23MMarket price range: $625k - $2.34M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,590,000 Current use
- RESTAURANT
- $2,455,000 Change: +54% Conversion: Difficult
- RETAIL STORES
- $2,355,000 Change: +48% Conversion: Easy
- MEDICAL BUILDING
- $2,190,000 Change: +38% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,635,000 Change: +3% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,330,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.355
- Latitude
- 40.5765
- 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
$19,650
$221,456
$1,550,252
$1,771,708
-
$0.00
$0.00
$0.00
