1089 Rancho AveColton, CA 92324
- Land
- 0.39 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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