185 Hartnell AveRedding, CA 96002

  • Retail properties
  • 6,960 SF
For Lease
$22.20/SF/YR View listing

Property Details for 185 Hartnell Ave

Year built
1989
Lot size
0.83 AC
Property size (Sq ft)
6,960 SF
Property type
Retail properties
Property subtype
Banks
APN
107-420-024-000
APU
107420024000

Description

This exceptional two-story, 6,960 square foot free-standing office building, formerly a bank, is available for lease at 185 Hartnell Avenue in Redding, CA 96002. Located on a signalized corner at the intersection of Hartnell Avenue and Parkview Avenue, this property boasts high visibility and accessibility, with ample parking for tenants and clients. The building sits on a 36,155 square foot lot and is zoned General Office ("GO") by the City of Redding (APN: 107-420-024, Shasta County). The interior features an open floor plan and abundant natural light, making it adaptable to a variety of business needs. Its strategic location provides easy access to major transportation routes. High traffic counts and the prominent corner location make this an ideal space for businesses seeking a distinguished presence in Redding. A virtual tour is available online. The property is a single-tenant building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,843,888
    6.5%
    $1,702,051
    7%
    $1,580,476
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,504,247
    Geo Method
    $2,504,247
  • Alternative Use

    Use
    Valuation
    Residential
    $1,435,744
    Hospitality
    $1,315,134
    Educational
    $1,094,176
    Medical
    $1,131,806
    Retail
    $1,702,051
185 Hartnell Ave, Redding, California

Location Insight

City
Redding
County
Shasta
State
California
Latitude
40.5682
Longitude
-122.369
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
$15,755
$343,191
$1,070,204
$1,413,395
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