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468 Hemsted Dr - Redcliff Professional Office Park 0.51 Acres of Commercial Land Offered at $200,000 in Redding, CA 96002
Investment Highlights
- Corner lots in high end office park neighborhood
- Purchase both lots together
- Low vacancy in neighboring office buildings
- Curbs, gutters and sidewalks already in place and parcels flat and ready for construction
Executive Summary
The parcels are conveniently located in the heart of Redding’s professional office park near E Cypress Avenue and the Sacramento River. The parcels are all level with street grade and have improved abundant parking. The last options available in Redding’s first business park.
The four interior parcels (sold as one) along Knollcrest and Hemsted will not require additional storm water infrastructure onsite with recently completed studies. A written response from the City of Redding has been collected, which will add measurable cost
savings to any future property owner. The parcels could accommodate 34,000-plus square foot building. Flexibility for any possible user, developer, or investor.
The four interior parcels (sold as one) along Knollcrest and Hemsted will not require additional storm water infrastructure onsite with recently completed studies. A written response from the City of Redding has been collected, which will add measurable cost
savings to any future property owner. The parcels could accommodate 34,000-plus square foot building. Flexibility for any possible user, developer, or investor.
Property Facts
| Price | $200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Office |
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Property Type | Land | ||
| Zoning | GO | ||
| Price | $200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 0.51 AC |
| Zoning | GO |
1 Lot Available
Lot
| Price | $200,000 | Lot Size | 0.51 AC |
| Price Per AC | $392,156.86 |
| Price | $200,000 |
| Price Per AC | $392,156.86 |
| Lot Size | 0.51 AC |
Ideal location within the heart of the prestigious Redcliff Office Park in Central Redding just off Interstate 5.
Description
Ideal location within the heart of the prestigious Redcliff Office Park in Central Redding just off Interstate 5.
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 107-520-013-000 | Improvements Assessment | $5,917 |
| Land Assessment | $53,268 | Total Assessment | $59,185 |
Property Taxes
Parcel Number
107-520-013-000
Land Assessment
$53,268
Improvements Assessment
$5,917
Total Assessment
$59,185
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468 Hemsted Dr - Redcliff Professional Office Park
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