169 Hartnell AveRedding, CA 96002

Property Details for 169 Hartnell Ave

Year built

1986

Construction

WOOD

Lot size

0.69 AC

Property size (Sq ft)

6,100 SF

Property type

Office properties

APN

107-420-036-000

APU

107420036000

Description

This exceptional executive office suite, located at 169 Hartnell Avenue in Redding, CA 96002, offers a fantastic opportunity for businesses seeking a professional and convenient workspace. The property, situated on a 0.74-acre lot, features a single, well-maintained building constructed in 1986, totaling 6,100 square feet. Currently, one suite of 414 square feet is available for lease within this multi-tenant building. The building is classified as Class C and is zoned for general office use. Its central location provides easy access to Interstate 5, offering excellent accessibility for clients and employees. The property boasts a range of shared amenities designed for convenience and efficiency, including a common waiting area, two break rooms, and four restrooms. Utilities are included in the rental rate, covering water, sewer, trash, gas, electricity, and common area janitorial services. Note that internet and phone services are not included. The property's APN is 107-420-036, and its cross street is E Cypress Ave. This is an ideal solution for professionals seeking a low-maintenance, comfortable, and centrally located office space in Redding, California. The quiet work environment provides a welcome alternative to working from home, while the shared amenities offer a professional and efficient workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $1,099,355

  6.5%

  $1,014,789

  7%

  $942,304

• Comparable approach

  Method

  Valuation

  Relative Method

  $870,958

  Geo Method

  $870,958

• Alternative Use

  Use

  Valuation

  Residential

  $1,258,339

  Hospitality

  $1,152,631

  Educational

  $958,976

  Medical

  $991,956

  Retail

  $1,491,740

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5687

Longitude

-122.368

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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