5940 Mariposa RdOak Hills, CA 92344

  • Commercial land
  • 1.30 AC
For Sale
$1,843,290 View listing

Property Details for 5940 Mariposa Rd

Lot size
1.30 AC
Property type
Commercial land
APN
0357-065-04-0000
APU
357065040000

Description

This exceptional 3.07-acre commercial land parcel presents a unique investment opportunity in Oak Hills, California. Strategically located at the top of the Cajon Pass, this property boasts unparalleled visibility from Interstate 15, experiencing daily traffic exceeding 150,000 vehicles. Situated just south of Oak Hill Road and the I-15 off-ramp, this high-traffic location ensures maximum exposure for any commercial venture. The property, encompassing two lots (APN 0357-065-03 & 04), is zoned for Regional Commercial use, offering a wide range of development possibilities. Previously the site of the historic Summit Inn, the land is already graded and equipped with readily available water and power connections, significantly reducing development costs and timelines. This prime location, combined with its convenient access and infrastructure, makes it an ideal site for a variety of commercial uses, promising significant return on investment. The asking price is $1,843,290. Don't miss this chance to acquire a highly visible and well-positioned commercial property in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,119,073
    Hospitality
    $13,848,989
    Educational
    $11,522,196
    Medical
    $11,918,462
    Retail
    $17,923,416

Location Insight

City
Oak Hills
County
San Bernardino
State
California
Latitude
34.3582
Longitude
-117.436
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
$2,755
$223,686
-
$223,686
-
-
-
-

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