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    OFF-MARKET
    Land

    201 Vernon Ct, Colton, CA 92324

    1.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.77-acre industrial land parcel, located at 201 S Vernon Ct, Colton, CA 92324, presents a remarkable development opportunity. Priced at $5,000,000 ($2,824,859/acre), this M1-zoned property boasts convenient access to the I-10 freeway, making it ideal for logistics and transportation-related businesses. The property consists of two parcels: one 0.18-acre parcel (APN 0276-121-17-0-000) and a combined 1.59-acre parcel (APN 0276-121-09-0-000). Pre-approved plans with the City of Colton Planning Department exist for a 6,000 square foot truck repair shop featuring four bays, two bathrooms, and one office. The plans also include approved parking for up to thirteen trucks, a septic tank, and Edison utility connections. Sellers will obtain all final permits before escrow closes. The lot is characterized as irregular and offers potential for a single unit per acre. This property represents a turnkey solution for developers seeking a prime location with streamlined approvals. Its strategic location and pre-approved plans significantly reduce development time and costs, making it an attractive investment. Don't miss this chance to acquire a ready-to-develop industrial site in a thriving Southern California market.

    Property profile
    Verified
    Property type Land
    Lot 1.77 ac (77,101 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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    CAP Approach CAP
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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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