For Sale
$4,500,000

1620-1630 Pellisier RdColton, CA 92324

2.69-acre industrial lot, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2.69-acre industrial land parcel, located at 1620-1630 W. Pellisier Road in Colton, California (zip code 92324), presents a compelling investment opportunity. Zoned M-1, the property boasts a square lot with approximate dimensions of 321' x 375', fully fenced with both concrete and gravel bases. Currently generating a substantial $15,000 per month in net-net-net (NNN) income from short-term tenants who can be relocated to facilitate redevelopment or expansion. The property includes two existing Quonset huts. Its strategic location provides immediate access to the 10, 60, and 215 freeways, enhancing logistical efficiency. The asking price is $4,500,000, translating to a land value of $46.93 per square foot. The property's APN is 0277-022-88 & 0277-022-89. This site is ideal for various industrial uses, including outdoor storage or new development, subject to obtaining the necessary Conditional Use Permit (CUP). The property offers significant upside potential for investors seeking a high-return, strategically located industrial asset in the thriving San Bernardino County market.

Highlights

  • Securely fenced lot with concrete and gravel base.
  • Level, rectangular lot, approximately 321' x 375'.
  • Excellent freeway access via Interstates 10, 60, and 215.
  • Two quonset hut buildings available.
  • Generating $15,000 per month in net operating income (NNN); tenants are month-to-month.

Property Details for 1620-1630 Pellisier Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
117,176 SF

Location Insight

City
Colton
County
San Bernardino
State
California
Latitude
34.021061067053
Longitude
-117.35307204565
1620-1630 Pellisier Rd, Colton, California

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1620-1630 Pellisier Rd
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