2070 Churn Creek RdRedding, CA 96002
- Retail properties
- 10,642 SF
Property Details for 2070 Churn Creek Rd
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 0.88 AC
- Property size (Sq ft)
- 10,642 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 107-180-058-000
- APU
- 107180058000
Description
This exceptional retail property at 2070 Churn Creek Road in Redding, California, 96002 offers a fantastic opportunity for businesses seeking high visibility and convenient access. The 7,410 square foot building is classified as Class B and features multiple tenancies, with one immediately available suite totaling 1,280 square feet. Flexible space options range from a minimum of 1,280 square feet up to a maximum of 3,705 square feet, catering to a variety of business needs. The property boasts an open floor plan, ideal for customization and efficient use of space. Its strategic location along Churn Creek Road ensures high traffic visibility, attracting potential customers. Ample parking is available for both employees and customers, enhancing convenience and accessibility. The building's attractive features include improved glass storefronts and high ceilings, creating a modern and inviting atmosphere. Easy access from Mistletoe Lane further adds to its appeal. This property is perfect for a professional office seeking prominent street exposure or a commercial retail tenant looking to establish a strong presence in a thriving Redding location. The space is ready for immediate occupancy and is adaptable to a range of business concepts.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,819,348
- 6.5%
- $2,602,475
- 7%
- $2,416,584
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,829,051
- Geo Method
- $3,829,051
-
Alternative Use
- Use
- Valuation
- Residential
- $2,195,285
- Hospitality
- $2,010,869
- Educational
- $1,673,020
- Medical
- $1,730,557
- Retail
- $2,602,475
Location Insight
- City
- Redding
- County
- Shasta
- State
- California
- Latitude
- 40.5775
- Longitude
- -122.354
- 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
FAQs
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