737 Washington StRed Bluff, CA 96080

  • Office buildings
  • 4,200 SF
For Lease
$12.84/SF/YR View listing

Property Details for 737 Washington St

Year built
1927
Construction
TILT-UP CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
4,200 SF
Zone code
H-C
Property type
Office buildings
APN
029-375-012-000
APU
29375012000

Description

This exceptional 2,800-square-foot office space in downtown Red Bluff, California, presents a fantastic opportunity for a single tenant. Located at 737 Washington St, 96080, this property offers a versatile layout suitable for executive, medical, or traditional office uses. The space boasts 11 private offices, providing ample room for staff and clients. A welcoming lobby with a reception desk creates a professional first impression. Two restrooms and a dedicated break room enhance employee comfort and convenience. Parking is readily available with six reserved off-street spaces in the alley, supplemented by ample street parking and proximity to a public parking lot. Security is a priority, with code entry at both front and back doors, individual office locking keypads, and a comprehensive security/alarm system. This well-appointed space is ready for immediate occupancy and offers a blend of functionality and security in a desirable downtown location. The property's central location provides easy access to local amenities and businesses. This is an ideal opportunity for a business seeking a well-maintained and secure office space in a thriving California community. A virtual tour is available online.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $756,933
    6.5%
    $698,707
    7%
    $648,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $599,676
    Geo Method
    $599,676
  • Alternative Use

    Use
    Valuation
    Residential
    $866,397
    Hospitality
    $793,615
    Educational
    $660,278
    Medical
    $682,986
    Retail
    $1,027,100

Location Insight

City
Red Bluff
County
Tehama
State
California
Latitude
40.1774
Longitude
-122.237
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
$4,593
$104,040
$338,130
$442,170
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FAQs

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