4380 Caterpillar RdRedding, CA 96003

  • Industrial properties
  • 6,400 SF
For Sale
$1,575,000 View listing

Property Details for 4380 Caterpillar Rd

Year built
1972
Lot size
2.50 AC
Property size (Sq ft)
6,400 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
114-440-002-000
APU
114440002000

Description

This exceptional industrial property, located at 4380 Caterpillar Rd, Redding, CA 96003, presents a compelling investment opportunity. The 6,800 square foot warehouse sits on a 2.5-acre lot, offering ample space for operations and expansion. The building boasts a spacious 6,400 square foot main floor, complemented by a 400 square foot upper level and approximately 1,200 square feet of office space. Two generously sized roll-up doors (18' x 18' and 18' x 14') allow for convenient drive-through access, enhancing operational efficiency. The warehouse features a substantial 22-foot ceiling height, providing ample vertical space. The property is equipped with both 220V and 440V power. Approximately two acres of the land are securely fenced, providing added security and privacy, with a gated entry. This prime location offers easy access to Interstate 5 and the north Redding Business Loop, ensuring excellent connectivity and accessibility. The property is zoned industrial and is being offered for sale as a 1031 exchange opportunity. The APN is 114-440-002. This is a single-tenancy property with a modified lease type. The asking price is $1,575,000, translating to $231.62 per square foot. Built in 1972, this warehouse offers a blend of established infrastructure and significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,320,224
    Hospitality
    $1,209,318
    Educational
    $1,006,138
    Medical
    $1,040,741
    Retail
    $1,565,104
4380 Caterpillar Rd, Redding, California

Location Insight

City
Redding
County
Shasta
State
California
Latitude
40.6271
Longitude
-122.386
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
$4,863
$191,595
$207,563
$399,158
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