Property profile

Orange St St Redlands, CA 92374

OFF-MARKET
Retail properties & Spaces
3,065 SF 0.23 ac lot Built 1926
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Property summary

AI-generated overview

This exceptional 3,065 square foot retail property, located at Orange Street in Redlands, California, presents a unique investment opportunity. Situated on a 0.23-acre lot, this property boasts a recently completed light interior and exterior remodel, offering a fresh and modern aesthetic. Built in 1960, the property has the potential for historic designation, adding significant value and appeal. The property comprises two separate units, both of which have a proven track record of successful tenant occupancy. Shared parking is available, providing up to 16 additional spaces for customers and employees. Its strategic location near the intersection of Orange Street and Colton Avenue ensures high visibility and accessibility, with convenient access to Interstate 10 freeway on and off ramps. This prime location places the property within walking distance of Downtown Redlands and the Train Station, benefiting from high foot traffic and a vibrant community atmosphere. Nearby businesses include prominent establishments such as Stater Bros., Domino's Pizza, Chevron Gas, Salvation Army, and Liberty Tax, further enhancing the property's desirability and potential for continued success. The asking price for this remarkable retail property is $744,999. This is an excellent opportunity for investors seeking a well-located, remodeled retail space with strong potential for rental income and future appreciation.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1926
Total area 3,065 SF
Lot 0.23 ac (10,019 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Orange St St Redlands, CA 92374
Redlands metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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