1089 Rancho AveColton, CA 92324

  • Land
  • 0.39 AC
For Sale
$275,000 View listing

Property Details for 1089 Rancho Ave

Construction
WOOD FRAME
Lot size
0.39 AC
Property type
Land
Property subtype
Commercial land
APN
0161-144-01-0000
APU
161144010000

Description

This exceptional 16,921 square foot commercial lot is situated at the highly visible, signalized intersection of Rancho Avenue and Olive Street in Colton, California. Zoned GC, this property presents a remarkable opportunity for a variety of commercial ventures. Its strategic location offers excellent access to the 10 and 215 freeways, ensuring high visibility and convenient access for customers. The high traffic count makes this an ideal location for businesses seeking maximum exposure. Across the street from an Arco gas station, this lot benefits from the established presence of a major brand, further enhancing its appeal. Potential uses include, but are not limited to, fast food restaurants with drive-through capabilities, small neighborhood markets, convenience stores, cellular phone stores, insurance offices, or real estate offices. The asking price is $275,000, with a land value of $17.61 per square foot. The property's APN is 0161-144-01-0000 and is owned by an LLC. This is a rare opportunity to acquire a prime commercial lot in a thriving location. Don't miss out on this chance to expand your business portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,517,726
    Hospitality
    $4,138,213
    Educational
    $3,442,945
    Medical
    $3,561,353
    Retail
    $5,355,692
1089 Rancho Ave, Colton, California

Location Insight

City
Colton
County
San Bernardino
State
California
Latitude
34.0774
Longitude
-117.335
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
$2,374
$196,140
-
$196,140
-
-
-
-

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