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Property profile & analytics
OFF-MARKET
Retirement homes

55860 Haugen-Lehmann Way Whitewater, CA 92282

47,949 SF 7.23 ac lot Built 1998
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retirement homes
Year built 1998
Total area 47,949 SF
Lot 7.23 ac (314,939 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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