18825 Old Oasis RdRedding, CA 96003
- Land
- 3.02 AC
Property Details for 18825 Old Oasis Rd
- Lot size
- 3.02 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 074-120-005-000
- APU
- 74120005000
Description
This exceptional 3.02-acre commercial land parcel presents a unique investment opportunity in Redding, California. Located at 18825 Old Oasis Rd, with APN 074-120-005, this property boasts unparalleled visibility and accessibility due to its prime location offering convenient on/off access from Interstate 5. Zoned GC (General Commercial), the land is ideally suited for a variety of commercial uses, including fast food restaurants, gas stations, hotels, coffee shops, and other businesses seeking high traffic exposure. The high visibility ensures constant exposure to a large volume of potential customers, maximizing foot traffic and driving sales. The strategic location benefits from both local and interstate traffic, including tourists, providing a significant advantage for businesses seeking a prominent location. This property offers a rare chance to capitalize on the high-traffic volume and visibility associated with an Interstate 5 location, making it an exceptional investment for those seeking a high-return commercial venture in a thriving market. The property's size and zoning provide ample flexibility for development, catering to a wide range of commercial enterprises. This is a prime opportunity to establish a successful business in a highly visible and accessible location. The zip code is 96003.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $27,137,000
- Hospitality
- $24,857,346
- Educational
- $20,681,020
- Medical
- $21,392,272
- Retail
- $32,170,476
Location Insight
- City
- Redding
- County
- Shasta
- State
- California
- Latitude
- 40.6409
- Longitude
- -122.367
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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