4340 Phelan RdPhelan, CA 92371

  • Land
  • 2.54 AC
For Sale
$425,000 View listing

Property Details for 4340 Phelan Rd

Lot size
2.54 AC
Property type
Land
Property subtype
Commercial land
APN
3066-121-60-0000
APU
3066121600000

Description

This exceptional 2.54-acre commercial land parcel presents a remarkable investment opportunity in Phelan, California. Located at 4340 Phelan Road, this corner lot boasts a highly visible position in a high-traffic area, just entering the downtown district. Its strategic location is further enhanced by its adjacency to a newly constructed Dollar General store, ensuring significant foot and vehicle traffic. The property is zoned PH/CG (General Commercial), providing considerable flexibility for a variety of commercial developments. Envision a gas station, strip mall, or fast-food drive-thru restaurant thriving in this prime location. The level lot seamlessly integrates with the street, simplifying construction and development. With a total area of 110,642 square feet (as per assessor records), this property offers ample space for ambitious projects. The APN is 3066121600000. Two water shares are included with the sale, adding significant value to this already compelling offering. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. The asking price is $425,000. Don't miss this chance to secure your piece of Phelan's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $31,530,634
    Hospitality
    $28,881,892
    Educational
    $24,029,394
    Medical
    $24,855,802
    Retail
    $37,379,060
4340 Phelan Rd, Phelan, California

Location Insight

City
Phelan
County
San Bernardino
State
California
Latitude
34.427
Longitude
-117.568
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
$6,684
$556,827
-
$556,827
-
-
-
-

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