2463 Hartnell Ave - Entitled Retail Land Pads

5.46 Acres of Commercial Land Offered at $5,500,000 in Redding, CA 96002

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

Four 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 $5,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Land
Proposed Use
Retail
  • Restaurant
  • Self Storage
Total Lot Size 5.46 AC

1 LOT AVAILABLE

Lot

Price $5,500,000
Price Per AC $1,007,326.01
Lot Size 5.46 AC

PRICING (Available Together or Separate) Parcel 1: Gas Station | $1,500,000 | 0.94 AC Parcel 6: Drive-Thru Restaurant | $1,500,000 | 1.19 AC Parcel 3: Free-Standing Retail | $1,000,000 | 0.54 AC Parcel 7: Self-Storage | $1,500,000 | 2.79 AC

ZONING

Zoning Code SC (Shopping Center)
  • Listing ID: 34595131

  • Date on Market: 1/24/2025

  • Last Updated:

  • Address: 2463 Hartnell Ave, Redding, CA 96002