College View Commercial Lot

1298 College View Dr Redding, CA 96003

1298 College View Dr, Redding, CA, 96003
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FOR SALE
Property Type:
Other Land
Amount:
$950,000
Last Verified:
Sep 23, 2025

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Highlights

  • Exceptional Location
  • I-5 / Hwy 299 Proximity
  • Three Parcels
  • 30,000+ Traffic

Description

Prime 1.58-acre General Commercial Zoning site with outstanding visibility and flexibility. Located on a high-traffic corridor with 30,000+ cars per day, this parcel is ideal for multi-family housing, hotel/extended stay, mini-storage, or a neighborhood grocery/retail concept.
The property sits less than two miles from Simpson University, Shasta College, and Bethel School of Supernatural Ministry—together serving nearly 10,000 students—creating strong demand for housing, services, and retail.
With its strategic location, GC zoning, and proximity to major demand drivers, this is a development opportunity in Redding’s growing market.

Located in the heart of Northern California, Redding is a thriving community surrounded by natural beauty and opportunity. Known for its scenic trails, lakes, and the iconic Sundial Bridge, the city blends outdoor lifestyle with a growing economic base. Within 5 miles of the property, residents have access to multiple higher education and ministry institutions, including Shasta College, Simpson University, and Bethel School of Ministry, making this location especially attractive for residential income and hospitality service.


Year Built: 1972
Building Size: 816sq ft
Building Class: C
Lot Size: 1.58 acres

Map of 1298 College View Dr, Redding, CA, 96003

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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.