808 H StColton, CA 92324

Property Details for 808 H St

Year built

1954

Construction

WOOD FRAME

Lot size

0.16 AC

Property size (Sq ft)

1,692 SF

Property type

Auto shops

APN

0164-172-02-0000

APU

164172020000

Description

Exceptional opportunity to acquire a thriving automotive repair business in Colton, CA. This turnkey operation includes a 1,692 square foot building situated on a spacious 16-acre lot, offering significant potential for expansion. The property boasts a prime location near the I-10 freeway, ensuring high visibility and convenient access. The sale includes all machinery and equipment necessary for engine and head repair, providing a seamless transition for the new owner. Currently operating at 100% occupancy, this single-unit, single-building property presents a strong return on investment. The asking price is $900,000, with a price per square foot of $321.43. This established business offers a respected reputation and a proven track record of profitability, making it an ideal acquisition for an experienced entrepreneur or investor seeking a ready-made operation in a high-demand market. The property is located at 808 E H St, Colton, CA 92324. The lease type is modified, and the property is zoned for auto shop and machine shop uses.

• CAP approach

  CAP return

  Valuation

  6%

  $580,166

  6.5%

  $535,538

  7%

  $497,285

• Comparable approach

  Method

  Valuation

  Relative Method

  $666,082

  Geo Method

  $1,500,744

• Alternative Use

  Use

  Valuation

  Residential

  $451,746

  Hospitality

  $413,797

  Educational

  $344,274

  Medical

  $356,114

  Retail

  $535,538

Location Insight

City

Colton

County

San Bernardino

State

California

Latitude

34.0661

Longitude

-117.313

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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