2167 Hilltop DrRedding, CA 96003

Property Details for 2167 Hilltop Dr

Year built

1992

Construction

TILT-UP CONCRETE

Lot size

1.12 AC

Property size (Sq ft)

10,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

107-190-027-000

APU

107190027000

Description

This 15,900 square foot retail building in Redding, CA, offers multiple occupancy options, situated on a 1.12-acre lot at 2167 Hilltop Drive. Built in 1992 and currently fully vacant, the property boasts high visibility, directly across from major hotels including La Quinta Inn & Suites, Holiday Inn Express & Suites, and Best Western Plus. The location benefits from high traffic counts exceeding 15,500 vehicles daily. Spaces are available in various sizes, ranging from a minimum of 2,950 square feet to a maximum contiguous space of 7,950 square feet. Suite B offers 2,950 square feet, while Suites C & D combined total 5,000 square feet, with smaller divisions possible down to 1,250 square feet. Units are delivered as cold shell spaces, including a finished ADA-compliant restroom. A new sushi restaurant, "RAW," will be a co-tenant, adding to the property's appeal. Ample off-street parking is available for customers and tenants. This prime retail location in Shasta County, zip code 96003, presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,649,265

  6.5%

  $2,445,476

  7%

  $2,270,799

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,598,056

  Geo Method

  $3,598,056

• Alternative Use

  Use

  Valuation

  Residential

  $2,062,850

  Hospitality

  $1,889,560

  Educational

  $1,572,091

  Medical

  $1,626,158

  Retail

  $2,445,476

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5761

Longitude

-122.357

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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