This exceptional 3,140-square-foot office space, located at 1377 N. La Cadena Dr. in Colton, CA 92324, presents a unique opportunity for businesses seeking a versatile and well-maintained property. Built in 1952 and extensively renovated in 2023, this single-tenant building offers a modern workspace within a convenient location. The property features a traditional office layout adaptable to executive or creative office needs, boasting a 10-foot ceiling height throughout. The 0.28-acre lot (12,380 square feet) includes a gated, secured, and paved yard, providing ample space for parking and outdoor activities. The building includes three restrooms and a kitchenette for employee convenience. Its zoning is R-1. The property's strategic location offers easy access to the I-10 and I-215 freeways, placing it within minutes of major transportation arteries. Furthermore, its proximity to downtown Colton and various amenities makes it an attractive option for businesses seeking a blend of accessibility and convenience. The property is also available for sale. This single-story building is classified as Class C and has a frontage on N. La Cadena Drive. There are no loading docks, dock-high doors, or elevators. The APN is 0160-261-15, 0160-261-30. The property is currently fully vacant and offers multi-tenant capabilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$732,426
6.5%
$676,086
7%
$627,794
Comparable approach
Method
Valuation
Relative Method
$490,520
Geo Method
$1,003,058
Alternative Use
Use
Valuation
Residential
$838,347
Hospitality
$767,921
Educational
$638,901
Medical
$660,874
Retail
$993,846
Location Insight
City
Colton
County
San Bernardino
State
California
Latitude
34.083
Longitude
-117.317
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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