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.
Lot/land
$1,299,000
1 Virginia, Redding, CA 96003
--beds
--baths
128Acres
Unimproved Land
Built in ----
128 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 204 days |
- 48 |
- 0 |
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#: 25-5293
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
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for sale | $1,299,000 |
Source: | ||
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 96003
Nearby schools
GreatSchools rating
- 6/10Grand Oaks Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10Shasta LakeGrades: K-8Distance: 0.9 mi
- 9/10Central Valley High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Local buyer's agents are ready to help
- California
- Shasta County
- Shasta Lake
- 96003
- 1 Virginia



