Exceptional opportunity in the heart of Redding's thriving commercial corridor! Two adjoining ½-acre parcels (1568 & 1562 Victor Ave) are being offered together, creating a rare 1-acre commercial footprint in a highly desirable location. The home is located on 1568 Victor Ave. Both parcels are Zoned LO (Limited Office) and GO (General Office), this versatile property supports a wide range of professional, residential, and commercial uses. Positioned just one parcel off the high-traffic corner of Dana Drive & Victor Avenue, the site benefits from excellent accessibility, visibility, and proximity to major retail, dining, and business services, as well as quick access to Interstate 5. The parcel at 1568 Victor Ave features an existing residential structure, offering immediate potential for conversion into office space, boutique business use, massage or wellness studio, art studio, or similar professional applications. The adjacent parcel at 1562 Victor Ave includes a non-functioning trailer, presenting a blank slate for redevelopment or expansion. Both parcels offer flat, usable land with valuable Victor Ave frontage, making this an ideal opportunity for investors, owner-users, or developers seeking a strategic location with strong upside potential.
For sale
$320,000
1568 Victor Ave, Redding, CA 96003
2beds
--sqft
Single Family Residence
Built in 1970
1 Acres Lot
$311,500 Zestimate®
$--/sqft
$-- HOA
What's special
Flat usable landValuable victor ave frontageExisting residential structure
- 109 days
- 298
- 6
Zillow last checked:
Listing updated:
Listed by:
Maggie McGrath 530-941-3166,
Northstate Real Estate Professionals
Source: SMLS,MLS#: 26-2244
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Electric, Wood Stove
Cooling
- Has cooling: Yes
Features
- Flooring: Wood, Tile
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Stove
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street, Converted Garage
- Has uncovered spaces: Yes
Features
- Levels: One
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 1 Acres
- Features: Level, City Lot
Details
- Parcel number: 071240017000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Raised
Condition
- Year built: 1970
Utilities & green energy
- Electric: Public
- Sewer: Sewer, Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Redding
Financial & listing details
- Tax assessed value: $141,454
- Date on market: 5/13/2026
- Listing terms: Cash
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$311,500
$296,000 - $327,000
$2,376/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $320,000+220% |
Source: | ||
| 5/11/1999 | Sold | $100,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $141,454 +2% |
| 2025 | $1,552 +1.5% | $138,681 +2% |
| 2024 | $1,529 +1.4% | $135,962 +2% |
| 2023 | $1,507 +2.9% | $133,297 +2% |
| 2022 | $1,464 +3.5% | $130,685 +2% |
| 2021 | $1,414 +0.5% | $128,124 +1% |
| 2020 | $1,408 +0.8% | $126,811 +2% |
| 2019 | $1,397 +1.2% | $124,325 +2% |
| 2018 | $1,380 -1.7% | $121,888 +2% |
| 2017 | $1,404 +6.9% | $119,499 +2% |
| 2016 | $1,314 +0.8% | $117,156 +1.5% |
| 2015 | $1,303 | $115,397 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 96003
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