55981 Haugen-Lehmann Way Whitewater, CA 92282
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.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.