E Cooley Dr 1.29 Acres of Commercial Land Offered at $1,330,000 in Colton, CA 92324
EXECUTIVE SUMMARY
Plaza at Cooley Ranch in Colton, CA presents an exceptional investment opportunity. This 1.29-acre parcel (APN: 0276-144-54) not only provides about 100 parking spaces, income from a cell tower but also offers enticing development prospects. Situated in the heart of the thriving Inland Empire logistics hub, the Plaza at Cooley Ranch enjoys a strategic location close to major transportation routes such as I-10, I-215, and I-15 freeways.
This property is available with the adjacent property, a fully leased two-story, multi-tenant office building offering 40,081 sq. ft. of rentable space on 2.06 acre (APN: 0276-144-55) with a solid 7.53% in place CAP Rate and 8.03% proforma; $5,975,000 sale price; $149/SF. Take advantage of this turnkey investment opportunity with a total price of $7,305,000.
This property is available with the adjacent property, a fully leased two-story, multi-tenant office building offering 40,081 sq. ft. of rentable space on 2.06 acre (APN: 0276-144-55) with a solid 7.53% in place CAP Rate and 8.03% proforma; $5,975,000 sale price; $149/SF. Take advantage of this turnkey investment opportunity with a total price of $7,305,000.
PROPERTY FACTS
| Price | $1,330,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 1.29 AC |
1 LOT AVAILABLE
Lot
| Price | $1,330,000 |
| Price Per AC | $1,031,007.75 |
| Lot Size | 1.29 AC |
PROPERTY TAXES
| Parcel Number | 0276-144-54 | Improvements Assessment | $178,949 |
| Land Assessment | $372,463 | Total Assessment | $551,412 |
