1620-1630 Pellisier Rd Colton, CA 92324
- Land
- 2.69 lot acres
Current Use by Public Records
- Land
Property Details for 1620-1630 Pellisier Rd
- Lot size
- 2.69 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.69-acre industrial land parcel, located at 1620-1630 W. Pellisier Road in Colton, California (zip code 92324), presents a compelling investment opportunity. Zoned M-1, the property boasts a square lot with approximate dimensions of 321' x 375', fully fenced with both concrete and gravel bases. Currently generating a substantial $15,000 per month in net-net-net (NNN) income from short-term tenants who can be relocated to facilitate redevelopment or expansion. The property includes two existing Quonset huts. Its strategic location provides immediate access to the 10, 60, and 215 freeways, enhancing logistical efficiency. The asking price is $4,500,000, translating to a land value of $46.93 per square foot. The property's APN is 0277-022-88 & 0277-022-89. This site is ideal for various industrial uses, including outdoor storage or new development, subject to obtaining the necessary Conditional Use Permit (CUP). The property offers significant upside potential for investors seeking a high-return, strategically located industrial asset in the thriving San Bernardino County market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colton
- County
- San Bernardino
- State
- California
- Longitude
- -117.353
- Latitude
- 34.0211
