Beautiful, Level Parcels in Redding's Primary Office Park

Knollcrest & Hemsted Drive Redding, CA 96002

Knollcrest & Hemsted Drive, Redding, CA, 96002
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,660,000
Last Verified:
Oct 24, 2024

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Highlights

  • Centrally located
  • Build to Suit or Purchase the Lots for an Investment
  • Professional Business Park Location
  • River views from the Bluffs

Description

The parcels are conveniently located in the heart of Redding's professional office park near E Cypress Avenue and the Sacramento River. The parcels are all level with street grade and have improved abundant parking. The last options available in Redding's first business park.

The four interior parcels along Knollcrest and Hemsted will not require additional storm water infrastructure on-site with recently completed studies. A written response from the City of Redding has been collected, which will add measurable cost savings to any future property owner.

Many options to combine the parcels or buy individual parcels. The parcels could accommodate 30,000+ square foot building. Flexibility for any possible user, developer, or investor.

Traveling west on E Cypress, turn right onto Bechelli Lane, left onto Hemsted Drive and right onto Knollcrest Drive. The parcels will be on the right side of Hemsted Drive and on both sides of Knollcrest Drive.

Lot Size: 0.0 acres


Documents

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Map of Knollcrest & Hemsted Drive, Redding, CA, 96002

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.