4380 Caterpillar RdRedding, CA 96003
- Industrial properties
- 6,400 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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