Large commercial complex in central Redwood Valley on 1.68 acres and potential for more development. Low vacancy rate! 4 residential apartments and 5 commercial tenants (7 office spaces downstairs) in the main building with 3 vacant offices upstairs. Also currently rented-- a detached 2,000sqft building and a large 8,000sqft open metal building with a large parking area. There is a recently developed approx. 1/4ac bare lot for future development needs. The 2in Redwood Valley water line services the property and a very large-capacity well is an asset. Possibility of buyer assuming the 5% note. Property is well maintained and a great investment.
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Redwood Valley is located in California. Redwood Valley, California has a population of 1,798. Redwood Valley is more family-centric than the surrounding county with 37.64% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Redwood Valley, California is $48,750. The median household income for the surrounding county is $56,378 compared to the national median of $69,021. The median age of people living in Redwood Valley is 39.6 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 36.3 degrees. The average rainfall is approximately 41.4 inches per year, with 0.2 inches of snow per year.
