001 Virginia
Redding, CA, 96003 $ 1,299,000
Baths0.0 Monthly Estimate*
$ 7,998
Studio for $1,299,000. The lot size is 128.
This rare 26-parcel land portfolio spans both sides of Interstate 5 in North Redding and has been held by the same family since the original land grant. The combined offering includes approximately 200+ acres across two distinct zoning categories, creating a large-scale opportunity for developers, investors, builders, or companies seeking commercial or residential land with immediate freeway access. The west side of I-5 consists of 10 Commercial-Light Industrial parcels suitable for contractor yards, warehouse/distribution, trades, service-based operations, or general commercial development. These parcels offer strong Interstate 5 visibility, flat to gently rolling terrain, and access to surrounding commercial corridors. The east side of I-5 includes 112 acres spanning 16 R-1 residential parcels featuring flat and mildly rolling topography with multiple potential building areas. Several parcels benefit from paved access via Virginia, Akrich, and connecting neighborhood roads. This side supports a range of residential uses including single-family homes, estate parcels, spec builds, or phased subdivision plans. The combined assemblage provides a flexible development path, the ability to plan multi-use commercial and residential projects, and the scale to support long-term investment. Purchasers may acquire the full portfolio, or the east and west components may be considered separately depending on intended use and development goals. Key Features: • Total of 26 parcels, both sides of Interstate 5 • Commercial-Light Industrial zoning on west side (10 parcels) • Residential R-1 zoning on east side (16 parcels, approx. 112 acres) • Flat to gently rolling terrain • Paved access to select east-side parcels • High I-5 visibility and regional connectivity • Suitable for commercial, industrial, or residential development • Multi-phase or long-term investment potential • Family-held property since original land grant Buyers are advised to verify zoning, permitted uses, utilities, access points, and development requirements with Shasta County and Shasta Lake City.
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FeaturesGeneralPossession Close of Escrow
View Mountain Open
Topography Rolling Level Gentle
Property Subtype Acres
Current Use None
Additional Parcels Description 007180002000 007180003000 007180004000 007180005000 007180006000 007180011000 007180012000 007190001000 007190002000 007190003000 007190005000 007190007000 007200001000 007200003000 007200004000 0072
County Shasta
Property Type Land
Subdivision Name N/A
Status Active
City Redding
Zoning Description Not Available
MLS Area 02 - NE Redding
Lot Size Units Acres
Lot Size Square Feet 5575680.0
Lease Renewal Y/N N
MLS Area Minor 02 - NE Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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ExteriorFencing Partial
Lot Size Area 128.0
Spa N
Lot Size Acres 128.0
Road Frontage Type County Freeway
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Total Baths 0
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* Excluded FeaturesList BySandra M DoleListing Agent
Shasta Sotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,998
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Redding, CA
Average List Price $242,698
Percent of Sale Price 81%
About Redding, CA 90,452 Population
11% Since 2002
$ 46,107 Median Income
38.8 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/4/2025 | $1,299,000 | | Listed Price |