715 S Meridian Ave | Alhambra, CA 91803
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715 S Meridian Ave
Alhambra, CA 91803
Land For Sale · 0.30 AC
Investment Highlights
- Unique owner/user opportunity for yard-oriented users
- Strategic Alhambra location only 0.5 miles from the Long Beach (710) Freeway and 1 mile from the San Bernardino (10) Freeway
- Properties are vacant, free of any leases
- Rare potential redevelopment site in the infill San Gabriel Valley industrial market
- Extremely tight industrial market with Q2, 2022 vacancy rate at 0.7%
Executive Summary
Colliers International is offering a rare opportunity to acquire up to three irreplaceable industrial parcels totaling +/-4.29-acres.
All three parcels are zoned IPD which is the industrial zone in the City of Alhambra. In addition to traditional manufacturing, warehousing and distribution uses, this zone also allows outside storage of fleet vehicles, contractor’s storage yards, and lumberyards. The zone allows for the smaller parcel (715 S. Meridian Ave.) to be used as off-site parking for the main parcels.
As an accommodation to prospective buyers, property surveys, environmental reports and demolition bids are available.
All three parcels are zoned IPD which is the industrial zone in the City of Alhambra. In addition to traditional manufacturing, warehousing and distribution uses, this zone also allows outside storage of fleet vehicles, contractor’s storage yards, and lumberyards. The zone allows for the smaller parcel (715 S. Meridian Ave.) to be used as off-site parking for the main parcels.
As an accommodation to prospective buyers, property surveys, environmental reports and demolition bids are available.
PROPERTY FACTS
1 Lot Available
Lot
| Price | $1,764,180 | Lot Size | 0.30 AC |
| Price Per AC | $5,880,600.00 |
| Price | $1,764,180 |
| Price Per AC | $5,880,600.00 |
| Lot Size | 0.30 AC |
Current Use Off Site Parking Lot
PROPERTY TAXES
| Parcel Number | 5291-026-021 | Improvements Assessment | $3,956 |
| Land Assessment | $109,505 | Total Assessment | $113,461 |
PROPERTY TAXES
Parcel Number
5291-026-021
Land Assessment
$109,505
Improvements Assessment
$3,956
Total Assessment
$113,461
zoning
| Zoning Code | IPD |
| IPD |
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