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2463 Hartnell Ave - Entitled Retail Land Pads 0.54 - 2.79 Acre Commercial Land Lots Offered at $1,395,920 - $2,093,880 CAD Per Lot in Redding, CA 96002

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INVESTMENT HIGHLIGHTS

  • Four Entitled Retail Land Pads Stubbed for Utilities
  • High-Traffic Intersection; Direct Freeway Accessibility
  • High-Growth Residential and Commercial Trade Area
  • Holiday Market Opening January 2025
  • Excellent Real Estate Fundamentals

EXECUTIVE SUMMARY

Three Entitled Retail Land Pads Stubbed for Utilities
- $10 million of existing site work in place
- Entitled for gas station & convenience, drive-thru restaurant, freestanding building, and self-storage
- Large lot sizes
Holiday Market Opening January 2025
- Holiday Market is relocating from across the street into the new development; the grocer is owned by North State Grocery, Inc. which operates 21 locations across the Holiday Market and Sav Mor Foods brands in California and Oregon
- Other existing in-place tenants include Starbucks and Quick Quack Car Wash
High-Traffic Intersection; Direct Freeway Accessibility
- 30,000 cars per day at the intersection of Hartnell Avenue & Shasta View Drive
- Direct freeway ramp access to I-5 (63,000 CPD), and SR 44 (36,000 CPD)
Excellent Real Estate Fundamentals: Excellent visibility and access along Hartnell & Shasta View Drive with a large corner pylon sign, two monument signs, and four total points of ingress/egress; functional site plan with ample parking, large lots, and strong tenant synergy
High-Growth Residential and Commercial Trade Area
- 1,198 single-family homes and multi-family units under construction, proposed, and entitled
- 410,000 SF of industrial and office buildings proposed at Stillwater Business Park next to Redding Airport; new businesses will include a 250,000 SF Insectary, 150,000 SF for Cal Fire across 13 buildings, and a 10,000 SF Frito Lay facility

PROPERTY FACTS

Price $1,395,920 - $5,583,680 CAD
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
  • Self Storage
Total Lot Size 4.52 AC
Zoning SC - Shopping Center

3 LOTS AVAILABLE

Lot 3

Price $1,395,920 CAD
Price Per AC $2,585,037.11 CAD
Lot Size 0.54 AC

Retail/Restaurant/Auto

Lot 6

Price $2,093,880 CAD
Price Per AC $1,759,563.07 CAD
Lot Size 1.19 AC

QSR/Retail

Lot 7

Price $2,093,880 CAD
Price Per AC $750,494.64 CAD
Lot Size 2.79 AC

Various potential uses.

  • Listing ID: 36211366

  • Date on Market: 2025-01-24

  • Last Updated:

  • Address: 2463 Hartnell Ave, Redding, CA 96002

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