3695 Churn Creek RdRedding, CA 96002

  • Other commercial real estate
  • 0.43 AC
For Sale
$1,400,000 View listing

Property Details for 3695 Churn Creek Rd

Lot size
0.43 AC
Property type
Other commercial real estate
APN
068-170-045-000
APU
68170045000

Description

Exceptional business opportunity: a profitable, turnkey preschool and daycare in Redding, CA, is available for sale, with or without the real estate. The charming 3,000 square foot building, constructed in 1978, is specifically designed for early childhood education and sits on a 18,731 square foot lot (APN: 068-170-045-000). The property is zoned RM-10 (Residential Multiple-Family 10 Unit Per Acre), making it ideally suited for continued operation as a preschool or similar use. The building's layout is functional and appealing, reflecting its thoughtful design by the original owners. Its strategic location ensures easy access for families, providing a secure and nurturing environment. The asking price is $1,400,000 ($466.67 per square foot). This presents a unique investment opportunity to capitalize on the growing demand for quality childcare and early education services in the Redding area, creating a lasting impact on the community. The business is currently operating successfully and is ready for a new owner.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,863,718
    Hospitality
    $3,539,145
    Educational
    $2,944,527
    Medical
    $3,045,794
    Retail
    $4,580,376
3695 Churn Creek Rd, Redding, California

Location Insight

City
Redding
County
Shasta
State
California
Latitude
40.5536
Longitude
-122.352
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
$3,874
$59,776
$287,232
$347,008
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