Sec Highland Ave. & Medical Ctr Dr San Bernardino, CA 92411
- Retail properties
- 2.09 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Sec Highland Ave. & Medical Ctr Dr
- Year built
- 2023
- Lot size
- 2.09 lot acres
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional redevelopment opportunity presents "Highland Plaza," a fully approved development project in San Bernardino, CA. Situated on a 2.089-acre lot at the southeast corner of Highland Avenue and Medical Center Drive, this project comprises two parcels totaling 8,558 square feet of net rentable space. Parcel 1 encompasses a gas station, convenience store, and car wash, featuring an 8-pump fuel canopy with 16 fueling positions, a 4,358 sq ft convenience store with drive-thru, and a Type-20 ABC license for off-sale beer and wine. All entitlements are complete, parcel maps are recorded, and grading plans are finalized. Architectural plans require finalization at an additional cost. Parcel 2 offers a 4,200 sq ft multi-tenant building, including approximately 2,200 sq ft of drive-thru QSR space and 2,000 sq ft of retail space. Both parcels are zoned CG-Commercial. The asking price is $3,300,000, representing a land value of $40.77 per square foot. This fee-simple ownership offers a 1031 exchange opportunity. The property is currently vacant and ready for immediate development. The project boasts two single-story buildings constructed in 2023. APN numbers are 0143-012-47 (Parcel 1) and 0143-012-47 (Parcel 2).
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
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.322
- Latitude
- 34.1361
