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Lot/land
  • $1,199,000

    1 Virginia, Redding, CA 96003

    --beds
    --baths
    128Acres
    Unimproved Land
    Built in ----
    128 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    255 days
    |
    40
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sandra M Dole 530-351-1525,

    Shasta Sotheby's International Realty,

    Chad M Phillips 530-840-0516,

    Shasta Sotheby's International Realty

    Source: SMLS,MLS#: 25-5293MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • Fencing: Partial
      • Has view: Yes
      • View description: Open
      Lot
      • Size: 128 Acres
      • Topography: Rolling, Level, Gentle
      Details
      • Parcel number: 007180001000
      • Special conditions: Non CA Owner

      Community & HOA

      Location
      • Region: Redding

      Financial & listing details

      • Date on market: 12/4/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/11/2026Price change$1,199,000-7.7%
        Source: SMLS #25-5293 Report a problem
        12/4/2025Listed for sale$1,299,000
        Source: SMLS #25-5293 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96003

        Getting around

        1 / 100
        Car-Dependent
        14 / 100
        Minimal Transit
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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