0 Cypress Avenue

Description

±13 acres of multifamily land for sale at 1910 E Cypress Ave in Redding, subject to an impending lot split. Zoned RM-9, this site will permit development of up to 9 dwelling units per acre. Water, sewer, and power are all available at site. Nearby amenities include Safeway Grocers, Lowe’s Home Improvement, CVS Pharmacy, Rite Aid Drugstore, Ross Dress For Less, Mt. Shasta Mall, Planet Fitness, Starbucks, Dutch Bros, and more. ±1 mile to Interstate 5 and Highway 44 for additional quick access to downtown Redding and beyond. Redding’s vacancy rates continue to drop as rent increases outpace the national average. The property includes an existing single-family home with a tenant on a month-to-month lease. No consideration of value is associated with the improvement or lease in this offering. Buyer to verify all information contained herein. Agent and their representatives are not responsible for the accuracy of these claims.

Listing information courtesy of: Mehdi Mostaedi, NAI Capital, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.