24235 Eagles Roost RdLakehead, CA 96051

Property Details for 24235 Eagles Roost Rd

Year built

1914

Construction

WOOD

Lot size

9.50 AC

Zone code

PD

Property type

Retail space

APN

019-350-025-000

APU

19350025000

Description

This exceptional 9.5-acre commercial land parcel presents a unique investment opportunity in Lakehead, California. Located at 24235 Eagles Roost Rd, with APN 019-350-025-000, this property boasts a highly desirable location along a major trucking and travel route, making it ideally suited for a variety of commercial ventures. The permitted zoning is Commercial, allowing for diverse development possibilities. Imagine the potential for a gas station, a mini truck stop, or a rest area catering to the significant traffic flow. The expansive lot size provides ample space for substantial development, offering flexibility for large-scale projects. The property's strategic location in Shasta County, California, and its proximity to Lakehead (zip code 96051) ensures high visibility and accessibility. This is a rare chance to acquire a significant piece of commercial real estate in a high-traffic area with excellent growth potential. The asking price for this exceptional property is $3,000,000. Don't miss this opportunity to capitalize on the thriving commercial landscape of this prime location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $109,631,888

  6.5%

  $101,198,672

  7%

  $93,970,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $148,894,752

  Geo Method

  $148,894,752

• Alternative Use

  Use

  Valuation

  Residential

  $85,364,864

  Hospitality

  $78,193,752

  Educational

  $65,056,288

  Medical

  $67,293,672

  Retail

  $101,198,672

Location Insight

City

Lakehead

County

Shasta

State

California

Latitude

40.995

Longitude

-122.418

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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