1335 Buenaventura BlvdRedding, CA 96001

Property Details for 1335 Buenaventura Blvd

Year built

1997

Construction

WOOD

Lot size

1.55 AC

Property type

Medical offices

Property subtype

Medical space

APN

104-730-030-000

APU

104730030000

Description

Plaza Buenaventura, located at 1335 Buenaventura Blvd, Redding, CA 96001, offers exceptional medical and professional office space. This Class A building, constructed in 1997, totals 13,352 square feet and sits on a 1.55-acre lot. Currently, approximately 1,939 square feet of space is available, offering a flexible layout suitable for various medical or professional uses. The property is zoned GO - General Office and enjoys a highly desirable location in West Redding, conveniently situated near the intersection of Eureka Way and Highway 299. The building features first-class interior improvements, including large windows that provide abundant natural light. Ample parking is available, including covered parking for tenant convenience. Suite 206, the available space, boasts multiple large private offices with excellent natural light and access to exterior decks. The efficient floor plan maximizes space utilization, complemented by high-quality common areas and exterior finishes. This is an exceptional opportunity to secure prime office space in a thriving Redding location. The available space ranges from approximately 1,939 to 2,746 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $13,790,700

  6.5%

  $12,729,800

  7%

  $11,820,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,640,220

  Geo Method

  $9,640,220

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $26,607,700

  Retail / Commercial

  $13,341,700

  Mixed-Use / Specialty

  $13,055,700

  Hospitality / Lodging

  $9,268,170

  Institutional / Educational

  $13,487,500

  Residential Income

  $15,780,400

  Multifamily

  $20,247,900

  Automotive / Energy

  $11,560,700

  Parking / Income-Based Land

  $4,225,020

  Restaurant / Food Service

  $6,281,550

  Healthcare / Senior Housing

  $13,632,900

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5823

Longitude

-122.426

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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