11343 Baseline RdRancho Cucamonga, CA 91730

  • Banks
  • 6,100 SF
For Sale
$2,750,000 View listing

Property Details for 11343 Baseline Rd

Year built
1994
Construction
WOOD FRAME
Lot size
0.60 AC
Property size (Sq ft)
6,100 SF
Property type
Banks
APN
1090-011-05-0000
APU
1090011050000

Description

This exceptional 6,100 square foot freestanding retail building is situated at 11343 Base Line Road in Rancho Cucamonga, California, 91730. Offered at $2,750,000 ($450.82/sq ft), this property presents a compelling investment opportunity. The building sits on a substantial 26,136 square foot lot and benefits from prominent frontage on a major thoroughfare. Its Neighborhood Commercial zoning allows for a variety of uses. Previously occupied by a bank, the property includes a valuable drive-thru window, a highly desirable feature for many retail businesses. Ample parking is provided, with a ratio of 4.92 spaces per 1,000 square feet. The location is surrounded by a thriving commercial environment, boasting nearby established businesses such as Ralphs, Rite Aid, Subway, Carl's Jr., Baskin Robbins, and Kentucky Fried Chicken. The surrounding area is characterized by affluent households, with an average income exceeding $98,000. This combination of location, features, and demographics makes this property an attractive prospect for investors seeking a strong return on investment in a high-demand market. The property's size, visibility, and existing infrastructure offer significant potential for a variety of retail ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,594,000
    6.5%
    $1,471,380
    7%
    $1,366,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $991,038
    Geo Method
    $2,029,890
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,831,520
    Mixed-Use / Specialty
    $1,481,420
    Hospitality / Lodging
    $1,106,770
    Office
    $1,488,540
    Institutional / Educational
    $1,545,540
    Residential Income
    $1,808,280
    Multifamily
    $2,084,030
    Automotive / Energy
    $1,324,750
    Parking / Income-Based Land
    $442,056
    Restaurant / Food Service
    $803,115
    Healthcare / Senior Housing
    $1,503,500

Location Insight

City
Rancho Cucamonga
County
San Bernardino
State
California
Latitude
34.1211
Longitude
-117.557
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,877
$661,486
$2,233,383
$2,894,869
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-
-
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FAQs

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