628 Rio StRed Bluff, CA 96080

  • Commercial land
  • 0.78 AC
For Sale
$240,000 View listing

Property Details for 628 Rio St

Lot size
0.78 AC
Property type
Commercial land
APN
029-423-010-000
APU
29423010000

Description

This exceptional 0-unit commercial land parcel, located at 628 Rio Street in Red Bluff, CA 96080, presents a unique investment opportunity. Priced at $240,000, this leveled and graded lot boasts convenient access to Highway 5 and is situated in a high-traffic area, close to downtown Red Bluff. The property offers stunning riverfront views and is ideal for a variety of commercial ventures, including restaurants, bars, venues, offices, or retail spaces. The site is prepared for heavy trucks and equipment, featuring road base and gravel. Red Bluff's vibrant downtown area, a hub for outdoor watersports, fishing, dining, and entertainment, is just a block away, ensuring high visibility and foot traffic. This location combines natural beauty with significant business potential, making it an attractive investment for those seeking a rewarding commercial venture. Note that a similar property, 600 Rio Street, is also available for sale. This is a rare opportunity to own prime waterfront commercial land in a thriving California town.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,998,632
    Hospitality
    $6,410,709
    Educational
    $5,333,634
    Medical
    $5,517,066
    Retail
    $8,296,765

Location Insight

City
Red Bluff
County
Tehama
State
California
Latitude
40.1779
Longitude
-122.233
CBSA code
39780
CBSA name
RED BLUFF, CA MICROPOLITAN 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
2023
$1,057
$102,000
-
$102,000
-
-
-
-

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