55860 Haugen-Lehmann Way Whitewater, CA 92282
This exceptional 7.23-acre property in Whitewater, CA (APN 517-340-008-006), presents a unique redevelopment opportunity. Strategically located near the I-10 and Highway 111, offering high visibility and easy access to the Palm Springs Corridor, Morongo Casino, and Cabazon Outlets. The site includes six buildings totaling 47,949 square feet of existing structures, built in 1998, on two parcels. The net rentable area is 4,949 square feet. The property is zoned MU, allowing for various uses. While the buildings require significant deferred maintenance, this presents a blank canvas for a variety of development projects. The asking price is $4,990,000, with a price per square foot of $104.07. The lot size is 7.23 acres, and the property features extensive freeway frontage, ensuring high visibility for any business. This prime location, combined with the substantial lot size and existing structures, makes this an exceptional investment opportunity for developers seeking a high-impact project in a thriving area. The property's existing structures range in size from 719 to 11,675 square feet. This mixed-use property is perfect for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.