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1600 Buenaventura Blvd 7.53 Acres of Commercial Land Offered at $2,073,633 CAD in Redding, CA 96001
Investment Highlights
- Zoning: Permited for Professional Office, Medical Office, or Dental Office outright.
- Ideal Location: Nestled near West Redding’s affluent residential neighborhoods and primary shopping centers.
- Prime Visibility: Directly across from Placer Heights Shopping Center, anchored by Holiday market and CVS.
- Development Potential: Previous feasibility study for 60 multifamily units, including one and two bedroom configurations by Sharrah Dunlap Sawyer.
- Flexible Purchase Options: Seller open to exploring seller carry, joint ventures, or creative purchase structures.
- High Demand: Strong need for both professional office spaces and residential units in West Redding.
Executive Summary
PRIME DEVELOPMENT OPPORTUNITY IN SOUTH WEST REDDING, CA ON HIGH-TRAFFIC CORNER
This strategically located commercial land at 1600 Buenaventura Blvd in West Redding offers exceptional opportunities for development. Situated near affluent neighborhoods, and across from the bustling Placer Heights Shopping Center, this property is ideal for a variety of uses. Currently zoned for Professional Office, Medical Office, or Dental Office, with prior exploration for multifamily development, it provides flexibility for innovative projects.
This strategically located commercial land at 1600 Buenaventura Blvd in West Redding offers exceptional opportunities for development. Situated near affluent neighborhoods, and across from the bustling Placer Heights Shopping Center, this property is ideal for a variety of uses. Currently zoned for Professional Office, Medical Office, or Dental Office, with prior exploration for multifamily development, it provides flexibility for innovative projects.
Property Facts
1 Lot Available
Lot
| Price | $2,073,633 CAD | Lot Size | 7.53 AC |
| Price Per AC | $275,382.87 CAD |
| Price | $2,073,633 CAD |
| Price Per AC | $275,382.87 CAD |
| Lot Size | 7.53 AC |
7.42 Acre lot at the corner of Placer St and Buenaventura Blvd in West Redding, Zoned LO potential for multifamily development.
Description
This strategically located commercial land at 1600 Buenaventura Blvd in West Redding offers exceptional opportunities for development. Situated near affluent neighborhoods, and across from the bustling Placer Heights Shopping Center, this property is ideal for a variety of uses. Currently zoned for Professional Office, Medical Office, or Dental Office, with prior exploration for multifamily development, it provides flexibility for innovative projects.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 104-040-045-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,109,203 CAD | Total Assessment | $1,109,203 CAD |
Property Taxes
Parcel Number
104-040-045-000
Land Assessment
$1,109,203 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,109,203 CAD
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1600 Buenaventura Blvd
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