2134 Eureka WayRedding, CA 96001

Property Details for 2134 Eureka Way

Year built

1984

Property size (Sq ft)

2,335 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

103-050-052-530

APU

103050052530

Description

This exceptional 2,335 square foot medical/office condo suite presents a compelling investment opportunity in Redding, California. Located at 2134 Eureka Way, 96001, this Class C property offers a versatile space ideal for a variety of medical or traditional office uses. Built in 1984, the suite boasts four exam rooms, making it particularly well-suited for medical practices. The property is zoned LO-Limited Office, reflecting its prime location within a thriving area of Redding. Its spacious layout allows for customization and configuration to meet specific business needs, whether for establishing a new practice or expanding an existing one. The asking price is $315,000. The seller is open to considering reasonable offers. This property represents a strategically positioned space with significant potential for professional growth and return on investment. The property's established infrastructure and convenient location in Shasta County contribute to its overall appeal. This turnkey opportunity is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $521,815

  6.5%

  $481,676

  7%

  $447,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $516,756

  Geo Method

  $516,756

• Alternative Use

  Use

  Valuation

  Residential

  $481,676

  Hospitality

  $441,212

  Educational

  $367,083

  Medical

  $379,708

  Retail

  $571,019

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5868

Longitude

-122.402

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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