Oasis Ct
Redding, CA 96003
Oasis Towne Center - Approved Commercial Lots · Land For Sale
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137.61 AC
INVESTMENT HIGHLIGHTS
- deal site for National and Regional Retailers to capture Redding demographics as well as regional supported area up of up to 250,000.
- Oasis Specific Plan was approved in 2006 to encourage development of this key area in the region.
- Additional single-family home subdivisions planned for area East of I-5 utilizing Oasis and I-5 as primary ingress/egress.
- I-5 Interchange at Oasis updated by the City of Redding, Cal Trans including signal updates.
- CEQA, Final EIR and Use Permit previously approved for 36 acres regional commercial.
- Visibility from the I-5 for signage and exposure to retail center.
PROPERTY FACTS
DESCRIPTION
Incredible opportunity to develop the Northern Gateway to Redding – our Northern California Regional Center. This property runs adjacent to Interstate 5 providing substantial daily traffic counts – over 84,000 Vehicles Per Day past Oasis Rd. This development lies between the Interstate and several upcoming developments including 2 residential developments that are currently submitted to the City of Redding for approval and permitting. 3-4 others are currently under consideration in this area. The well established Gold Hills Golf Club and Gold Hills Subdivision are directly to the South East of these parcels and to the North East is Tierra Oaks Golf Course and Subdivision. These parcels offer a prime opportunity to capitalize on the need for a neighborhood commercial center to support these residential units, Regional commercial with I-5 exposure and easy access to the on and offramps for major retail supporting the region as well as potential for additional residential units. City of Redding approved the Oasis Specific Plan in 2006 with encouragement of these potential uses and are willing to revisit the plan for amendments at this time to accomplish goals of the community and potential developers. Previously approved Use Permit for Quadrant 1 supporting 36 acre Commercial Development for Costco anchored center including gas pump stations and additional retail. Link to virtual tour: https://vimeo.com/633010056
PROPERTY TAXES
| Parcel Number | 074-160-014-000 | Improvements Assessment | $0 |
| Land Assessment | $1,193,859 | Total Assessment | $1,193,859 |
