847 Valley BlvdColton, CA 92324

  • Retail properties
  • 3,900 SF
For Lease
$31.44/SF/YR View listing

Property Details for 847 Valley Blvd

Year built
1968
Construction
STEEL FRAME
Lot size
0.58 AC
Property size (Sq ft)
3,900 SF
Property type
Retail properties
Property subtype
Other automotive properties
APN
0164-172-43-0000
APU
164172430000

Description

This exceptional commercial property, located at 847 E. Valley Boulevard in Colton, California, presents a unique opportunity for a single-tenant retail business. The property boasts a substantial 4,200 square feet of vacant space, ready for immediate occupancy. Situated on a generous 1.26-acre lot, this property offers ample room for expansion, outdoor displays, or additional parking. The zoning is designated as C2 General Commercial City of Colton Zoning, allowing for a wide range of commercial uses. The building itself is a single-tenant structure, providing privacy and control for the occupant. Its location in San Bernardino County, with a zip code of 92324, offers excellent access to major transportation routes and a thriving local community. The property is currently available for lease and represents a significant opportunity for businesses seeking a prominent location with substantial space in a high-traffic area. The address is easily accessible and highly visible, ensuring maximum exposure for any business operating from this location. This is an ideal opportunity for a business seeking a large, well-located space in a growing market. The property's size and zoning provide flexibility for a variety of retail concepts. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,337,261
    6.5%
    $1,234,395
    7%
    $1,146,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,535,296
    Geo Method
    $3,459,161
  • Alternative Use

    Use
    Valuation
    Residential
    $1,041,258
    Hospitality
    $953,787
    Educational
    $793,540
    Medical
    $820,831
    Retail
    $1,234,395
847 Valley Blvd, Colton, California
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Location Insight

City
Colton
County
San Bernardino
State
California
Latitude
34.0657
Longitude
-117.312
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,923
$332,424
$390,431
$722,855
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-
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