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    1060 Washington St Colton, CA 92324

    Sponsored
    For Lease
    $24 SF/Yr

    Colton, CA Medical Office Building - Fully Vacant

    Lot size:
    31,124 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Rancho Las Palomas, a Class B medical office building located at 1060 E Washington St, Colton, CA 92324, presents a unique investment opportunity. This fully vacant, two-story building offers a total of 31,124 square feet of space, divisible into units as small as 2,500 square feet, or available entirely as one contiguous space. The property sits on 3.25 acres of land and boasts ample parking with 100 spaces available. Built in 1985, the building features one building with two stories and includes elevators for convenient access. The property's APN is 0275-181-64 and is located in San Bernardino County. Its prime location provides direct freeway access and excellent visibility, enhancing its appeal to potential tenants. The building's substantial size and flexible floor plans make it suitable for a variety of medical practices or other office uses. This is an exceptional opportunity to acquire a large, well-located medical office building with significant upside potential. The property is currently entirely vacant, allowing for immediate occupancy and customization to suit a new tenant's specific needs.

    Property Features for 1060 Washington St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,124 SF
    Class
    B
    Total Rate
    62248

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    16,934 SF
    Rate per SF
    $24

    HighLights

    • Class B, 31,124 SF medical office building in Colton, CA.
    • Fully vacant, divisible into units as small as 2,500 SF.
    • 3.25‑acre site with 100 parking spaces.
    • Excellent freeway access and high visibility.
    • Adjacent to numerous amenities including Starbucks, Dunkin' Donuts, and fast‑food restaurants.
    • On‑site playground, adaptable for childcare or outdoor amenity space.
    Property Profile Location Intelligence

    Current Use by Public Records

    CPA Accountant Tax ... Accountant Power 2 Innovate Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colton
    County
    San Bernardino
    State
    California
    Longitude
    -117.3103649
    Latitude
    34.0474785

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    FAQs

    What type of property is this?
    Medical office - Colton, CA Medical Office Building - Fully Vacant
    Where is this medical office located?
    The property is located at 1060 Washington St Colton, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Class B, 31,124 SF medical office building in Colton, CA.; Fully vacant, divisible into units as small as 2,500 SF.; 3.25-acre site with 100 parking spaces.
    Request Owner's contact information
    1060 Washington St Colton, CA 92324
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    Colton, CA 92324
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1060 Washington St Colton, CA 92324
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