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1642 Canby Rd
Redding, CA 96002
Land For Sale
·
3.74 AC
Investment Highlights
- Four level parcels zoned General Office along Churn Creek Road in Redding, CA
- Includes improved cell tower with $1,600 monthly income and AT&T 5G infrastructure
- High visibility along Churn Creek Road
- Accessible via traffic signal at Churn Creek Road and Presidio Street, with secondary access from Canby Road
Executive Summary
Four level commercial parcels zoned general office along Churn Creek Road now available. Adding to its value, the north parcel features a recently upgraded cell tower equipped with AT&T 5G infrastructure. This tower generates reliable monthly income under a five-year lease agreement initiated in March 2021, currently paying $1,600 per month with annual rent escalations. With its strategic location, visibility, and income potential, this property offers flexible development possibilities across its four distinct parcels.
Located along Churn Creek Road these four contiguous commercial parcels present an excellent opportunity for development. Zoned for general office use, the property benefits from high visibility and accessibility. A traffic signal at the intersection of Churn Creek Road and Presidio Street offers direct entry into the property, with additional access via Canby Road. The strategic positioning ensures excellent visibility for businesses operating at this location.
Located along Churn Creek Road these four contiguous commercial parcels present an excellent opportunity for development. Zoned for general office use, the property benefits from high visibility and accessibility. A traffic signal at the intersection of Churn Creek Road and Presidio Street offers direct entry into the property, with additional access via Canby Road. The strategic positioning ensures excellent visibility for businesses operating at this location.
Property Facts
1 Lot Available
Lot
| Price | $1,750,438 CAD | Lot Size | 3.74 AC |
| Price Per AC | $468,031.65 CAD |
| Price | $1,750,438 CAD |
| Price Per AC | $468,031.65 CAD |
| Lot Size | 3.74 AC |
Located along Churn Creek Road these four contiguous commercial parcels present an excellent opportunity for development. Zoned for general office use, the property benefits from high visibility and accessibility.
Description
Four level commercial parcels zoned general office along Churn Creek Road. Traffic signal at Churn Creek Road and Presidio Street provides access from Churn Creek into the property along with access from Canby Road. Great exposure along Churn Creek. There is an existing 1,367+/- square foot single family home on the property that does not provide any value. This home is current occupied by a tenant. City of Redding utilities service the parcels.
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