2055 Hamner AveNorco, CA 92860

Property Details for 2055 Hamner Ave

Year built

1979

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

2,268 SF

Zone code

M1

Property type

Office properties

Property subtype

Office buildings

APN

125-090-018

APU

125090018

Description

This exceptional two-story commercial building, situated on a 0.37-acre lot at 2055 Hamner Avenue in Norco, CA, offers 5,000 square feet of versatile space. The property is ideally configured for either single or dual occupancy, featuring two completely separate units—one on each floor—each with its own electric meter. The ground floor boasts a spacious reception area with granite countertops, vaulted ceilings highlighted by a skylight, and a large meeting room perfect for collaborative work. Additional features on this level include a storage room with tile flooring and two bathrooms. Conveniently located electrical outlets are integrated into the flooring beneath most desks. The upper level comprises four private offices and one expansive office with a private balcony, offering stunning views. A full kitchen with a sink is also located upstairs, along with two additional bathrooms. Large windows throughout both floors provide ample natural light. The building benefits from a highly visible location near the 15 freeway, enhanced by a prominent ground-level sign and the potential for an additional electric sign. Ample parking is available both in front and behind the building, ensuring convenient access for employees and clients. This property presents a unique opportunity for businesses seeking a well-maintained, adaptable space in a prime Norco location.

• CAP approach

  CAP return

  Valuation

  6%

  $623,338

  6.5%

  $575,389

  7%

  $534,290

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,858

  Geo Method

  $798,268

• Alternative Use

  Use

  Valuation

  Residential

  $713,482

  Hospitality

  $653,546

  Educational

  $543,743

  Medical

  $562,443

  Retail

  $845,822

Location Insight

City

Norco

County

Riverside

State

California

Latitude

33.9117

Longitude

-117.56

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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