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Property profile & analytics
OFF-MARKET
Land

55981 Haugen-Lehmann Way Whitewater, CA 92282

0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.4-acre commercial land parcel presents a unique investment opportunity in Whitewater, California. Previously utilized as a gas and service station, the property is now cleared of all previous equipment, including underground tanks and pumps. Potential buyers are responsible for verifying permitted uses with relevant authorities. Strategically located directly adjacent to the Haugen-Lehmann Way off-ramp of the 10 Freeway, this site benefits from an estimated daily traffic count of approximately 101,500 vehicles. The area exhibits minimal competition for gas services, creating a strong potential for a successful business venture. Further enhancing its appeal, the City of Whitewater may offer development incentives of up to $250,000; interested parties should independently confirm this with the city. This property's prime location and high traffic volume make it an exceptional opportunity for a new gas station development. The asking price is $795,000. The property is located at 55981 Haugen-Lehmann Way, Whitewater, CA 92282.

Property profile
Verified
Property type Land
Lot 0.4 ac (17,424 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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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