Technical
Financial
Distress signals
Property profile

0 North Pl Redlands, CA 92373

OFF-MARKET
Land
1 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional one-acre lot in Redlands, CA (APN 0173-011-39-0000), presents a unique development opportunity. Located at 0 North Place, 92373, this flag lot is ideally situated northeast of 550 North Place. Priced at $450,000, the property boasts completed conceptual plans and entitlements for a 28-bed assisted living facility (RCFE). While building permits haven't been pulled, the detailed plans encompass 14 bedrooms, 15 bathrooms, and 17 parking spaces (including 2 accessible spaces, one van-accessible). The 13,035 square foot building (including a 450 sq ft covered patio) is designed for suite-style living, each bedroom featuring a private bathroom and access to a private patio. Amenities include indoor and outdoor dining areas, an open kitchen sunroom, administrator's office, laundry room, employee break room, and medication room. While currently planned as an RCFE, the property may be suitable for other assisted care uses through the variance process. This is a remarkable chance to acquire a ready-to-develop parcel in a desirable location. The property's strategic location and comprehensive plans make it an attractive investment for developers seeking a high-return opportunity in the growing senior care market.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

North Pl Redlands, CA 92373
Redlands metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own North Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message