Property profile

0 Lugonia Ave Redlands, CA 92374

OFF-MARKET
Land
1.76 ac lot
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Property summary

AI-generated overview

This exceptional 1.76-acre commercial land parcel in Redlands, California, presents a unique investment opportunity. Located on W Lugonia Ave, with convenient access to the 210 Freeway, this property boasts a high-traffic count and exceptional visibility. The site is directly across from a Home Depot and a new Super Walmart, ensuring significant foot and vehicle traffic. West of the freeway, the property benefits from the proximity to Citrus Plaza, a thriving shopping center anchored by Kohl's, Party City, Petco, Bevmo, Sport Chalet, Niko Niko Sushi, Verizon Wireless, and Barnes & Noble. One pad is already leased to a regional tire company, leaving one remaining pad available for development. This pad is ideally suited for a variety of uses, including automotive, retail, or a restaurant with a drive-thru. The property's Assessed Parcel Number (APN) is 0167-171-13. This strategic location and high visibility make this property an excellent choice for businesses seeking a strong presence in a rapidly growing area of Redlands. The substantial lot size offers ample space for development, catering to a range of commercial ventures. This is a rare opportunity to acquire a prime commercial land parcel in a high-demand location. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.76 ac (76,666 SF)

Cap rate & NOI

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

Location

Lugonia Ave 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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