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
- 117 days |
- 98 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 04, 2026 at 02:04pm
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
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for sale | $1,299,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
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
- 4/10Shasta LakeGrades: K-8Distance: 0.9 mi
- 9/10Central Valley High SchoolGrades: 9-12Distance: 1.5 mi
Local experts in 96003
- California
- Shasta County
- Shasta Lake
- 96003
- 1 Virginia



