905 Mistletoe LnRedding, CA 96002

Property Details for 905 Mistletoe Ln

Year built

1980

Lot size

0.52 AC

Property size (Sq ft)

6,210 SF

Property type

Retail space

APN

107-180-080-000

APU

107180080000

Description

This exceptional 6,210 square foot freestanding retail building is ideally situated in the heart of Redding, California, at 905 Mistletoe Ln, near Larkspur Ln, zip code 96002. Built in 1980, this single-story structure sits on a 0.56-acre lot and offers ample parking with 26 spaces, including two handicap-accessible spots. The property features a spacious open showroom, a private office, a convenient break area, and a sizable back storage room. A roll-up door ensures easy loading and unloading of goods. The building benefits from a fenced yard providing additional storage space and a prominent pylon sign for excellent visibility. Zoned GC-VR-BH (General Commercial - Visitor Retail - Building Height Restriction), this location enjoys high traffic counts due to its proximity to Churn Creek Rd and Hilltop Dr, with easy access from I-5 and Highway 44. The property is currently available for lease at $5900 per month. The APN is 107-180-080. This is a fantastic opportunity for a business seeking high visibility and convenient access in a thriving Redding commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,645,194

  6.5%

  $1,518,640

  7%

  $1,410,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,234,393

  Geo Method

  $2,234,393

• Alternative Use

  Use

  Valuation

  Residential

  $1,281,030

  Hospitality

  $1,173,416

  Educational

  $976,269

  Medical

  $1,009,844

  Retail

  $1,518,640

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5781

Longitude

-122.355

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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