1749 Elm StOntario, CA 91761

  • Mixed-use properties
  • 900 SF
For Sale

Property Details for 1749 Elm St

Year built
1952
Construction
FRAME
Lot size
0.55 AC
Property size (Sq ft)
900 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
0113-415-30-0000
APU
113415300000

Description

Exceptional opportunity awaits at 1749 East Elm Street, Ontario, CA 91761. This 0.55-acre (23,895 sq ft) lot, zoned IG (Industrial General), presents a compelling industrial development prospect. The property boasts existing plans included in the sale price for a two-story building, encompassing 9,647 square feet. The warehouse features a desirable 16-foot clear ceiling height, complemented by office space on the second floor. The lot dimensions measure 81 feet wide by 295 feet deep. This strategic location adjacent to Ontario International Airport benefits from the substantial economic activity generated by major corporations like FedEx, UPS, and Amazon, indicating strong growth potential for businesses in this thriving area. The property's location offers excellent access to transportation networks and a robust workforce, making it an ideal site for various industrial uses. The recently reduced price of $1,150,000 makes this an attractive investment opportunity. This is a chance to capitalize on the dynamic business environment surrounding Ontario International Airport. The existing building plans streamline the development process, minimizing delays and maximizing return on investment. Don't miss this chance to secure a prime piece of industrial real estate in a high-growth area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $224,158
    6.5%
    $206,915
    7%
    $192,135
  • Comparable approach

    Method
    Valuation
    Relative Method
    $152,596
    Geo Method
    $287,928
  • Alternative Use

    Use
    Valuation
    Residential
    $256,574
    Hospitality
    $235,021
    Educational
    $195,535
    Medical
    $202,259
    Retail
    $304,165
1749 Elm St, Ontario, California

Location Insight

City
Ontario
County
San Bernardino
State
California
Latitude
34.0472
Longitude
-117.614
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
$6,223
$280,714
$303,968
$584,682
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-
-
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