880 Laverne AveBarstow, CA 92311

Property Details for 880 Laverne Ave

Year built

1965

Construction

STEEL FRAME

Lot size

0.19 AC

Property size (Sq ft)

4,354 SF

Property type

Auto shops

APN

0427-081-34-0000

APU

427081340000

Description

This exceptional 4,354-square-foot industrial property in Barstow, CA, presents a unique investment opportunity. Situated on a 0.56-acre lot with convenient access to the 15 freeway and adjacent to railroad tracks, this property offers unparalleled logistical advantages. The building features a secure, expansive gated yard perfect for storage or equipment staging. Its three separate Assessor's Parcel Numbers (APNs) provide flexibility for future development, leasing, or resale. Inside, ample storage space caters to diverse inventory management needs. The robust electrical infrastructure includes 220 x 3-phase power, suitable for heavy machinery and industrial operations. Barstow's strategic location in Southern California positions this property as a gateway to major markets, including Los Angeles, Las Vegas, and the Grand Canyon. The proximity to the Barstow International Gateway, a large-scale integrated rail facility, further enhances its value and potential for growth within the expanding Southern California logistics sector. This property is ideally suited for manufacturing, distribution, or logistics businesses seeking a functional and strategically located space. The combination of features and location makes this a compelling investment opportunity in a rapidly developing area. The asking price is $410,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,592,632

  6.5%

  $1,470,121

  7%

  $1,365,113

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,797,182

  Geo Method

  $2,086,451

• Alternative Use

  Use

  Valuation

  Residential

  $1,240,102

  Hospitality

  $1,135,927

  Educational

  $945,078

  Medical

  $977,581

  Retail

  $1,470,121

Location Insight

City

Barstow

County

San Bernardino

State

California

Latitude

34.8886

Longitude

-117.064

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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