Technical
Financial
Distress signals
Property profile

0 Boulder Ave Highland, CA 92346

OFF-MARKET
Land
0.3 ac lot
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Property summary

AI-generated overview

This exceptional 0.3-acre commercial land parcel presents a unique investment opportunity in Highland, California. Located on Boulder Avenue, this property boasts prime visibility and accessibility, situated directly adjacent to Highway 330, ensuring high traffic counts and excellent exposure for any business. The two contiguous lots (APN: 1200-071-20-000; 1200-071-21-000) are currently zoned residential, but offer significant potential for commercial development through a conditional use permit (CUP). A conceptual site plan for a 2,740 square foot medical/professional office building with 13 parking spaces has already been completed and reviewed by the City of Highland, making this an ideal location for medical or professional office use. The area is well-established, with existing medical facilities like Optum Medical Clinic, Exer Urgent Care, and Dignity Urgent Care nearby, along with dental offices. Convenience is further enhanced by a bus stop just 100 feet away and the proximity of busy Walmart and Albertson's shopping centers. Boulder Avenue is fully improved with curb, gutter, sidewalk, and landscaped medians. To facilitate a smooth transition, all preliminary/conceptual engineering, along with a topographic and boundary survey, are included in the sale price of $138,000. This property offers a compelling blend of location, potential, and included documentation, making it an attractive proposition for discerning investors.

Property profile

Verified
Property type Land
Lot 0.3 ac (13,068 SF)

Cap rate & NOI

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

Location

Boulder Ave Highland, CA 92346
Highland 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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