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    32765 Hilltop Blvd Running Springs, CA 92382

    Sponsored
    For Sale
    $2,995,000

    Rare 5-acre commercial property, dual zoning.

    Property size:
    2,416 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a nearly 5-acre mixed-use property located at 32765 Hilltop Boulevard, Running Springs, CA 92382. The property boasts 2,416 square feet of existing building space currently utilized as a sawmill yard and a successful retail store selling various wood products. The business, AE Wood Products, is also available for acquisition separately, offering a potential turnkey operation. This unique property benefits from both industrial and residential zoning, providing immense flexibility for future development. Its prime location offers easy access to Snow Valley, a popular ski resort recently acquired by Alterra Mountain Company, signaling significant future growth in the area. The property's proximity to other desirable mountain towns like Lake Arrowhead and Lake Gregory further enhances its appeal and potential for increased value. This is a rare chance to own a substantial parcel of land with established business operations in a rapidly developing mountain community. The asking price for this remarkable property is $2,995,000. This presents a compelling investment opportunity with significant upside potential.

    Property Features for 32765 Hilltop Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,416 SF

    HighLights

    • $2,995,000 asking price.
    • Mixed‑use property totaling 2,416 square feet.
    • Located at 32765 Hilltop Boulevard, Running Springs, CA 92382.
    • Situated on nearly 5 acres of land.
    • Dual zoning allows for industrial and residential uses.
    • Currently operating as a sawmill yard with a retail store selling wood products.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Running Springs
    County
    san Bernardino
    State
    California
    Longitude
    -117.0879287
    Latitude
    34.2061843

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    FAQs

    What type of property is this?
    Mixed-use property - Rare 5-acre commercial property, dual zoning.
    Where is this mixed-use property located?
    The property is located at 32765 Hilltop Blvd Running Springs, CA.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: $2,995,000 asking price.; Mixed-use property totaling 2,416 square feet.; Located at 32765 Hilltop Boulevard, Running Springs, CA 92382.
    Request Owner's contact information
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    Running Springs, CA 92382
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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
    32765 Hilltop Blvd Running Springs, CA 92382
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