0 Cypress Ave

±13 acres of multifamily land for sale at 1910 E Cypress Ave in Redding, subject to an impending lot split. Zoned RM-9, this site will permit development of up to 9 dwelling units per acre. Water, sewer, and power are all available at site. Nearby amenities include Safeway Grocers, Lowe’s Home Improvement, CVS Pharmacy, Rite Aid Drugstore, Ross Dress For Less, Mt. Shasta Mall, Planet Fitness, Starbucks, Dutch Bros, and more. ±1 mile to Interstate 5 and Highway 44 for additional quick access to downtown Redding and beyond. Redding’s vacancy rates continue to drop as rent increases outpace the national average. The property includes an existing single-family home with a tenant on a month-to-month lease. No consideration of value is associated with the improvement or lease in this offering. Buyer to verify all information contained herein. Agent and their representatives are not responsible for the accuracy of these claims.