26970 Meines St Highland, CA 92346
- Investment properties
- 888 SF
- 1.17 lot acres
Current Use by Public Records
- Investment properties
Property Details for 26970 Meines St
- Year built
- 1945
- Construction
- FRAME
- Lot size
- 1.17 lot acres
- Property size
- 888 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 1192-611-02-0000
- APU
- 1192611020000
Description
This exceptional 2.34-acre industrial land parcel, located at 26970 Meines Street, Highland, CA 92346, presents a unique opportunity for businesses seeking a strategic location in the Inland Empire East submarket, specifically the San Bernardino cluster. The property, identified by APN 1192-611-02-0000, is zoned for industrial use (I) and offers significant potential for development or expansion. The site encompasses 101,930 square feet and includes an existing ±1,200 square foot structure, providing immediate utility. Existing utilities are already in place, including power, water, and septic. A portion of the property is fenced, offering some level of security. The asking lease rate is $15,000 per month gross, or $0.15 per square foot gross. This property is conveniently situated near Palm Avenue, providing easy access to major transportation routes. The property's location within the Inland Empire East offers excellent access to a robust workforce and established infrastructure. This is an ideal opportunity for businesses seeking a versatile and well-located industrial property in a thriving market. Serious inquiries are encouraged to explore the possibilities this property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,090,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,915,000
- 6.5%
- $1,670,000
- 7%
- $1,615,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,670,000
- Geo Method
- $2,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,835,000
- Retail
- $1,610,000
- Mixed-Use
- $2,045,000
- Hospitality
- $1,950,000
- Educational
- $2,040,000
- Residential Income
- $2,085,000
- Energy
- $2,025,000
- Income-Based Land
- $1,715,000
- Food Service
- $2,075,000
Location Insight
- Map
- Local Demand
- City
- Highland
- County
- San Bernardino
- State
- California
- Longitude
- -117.214
- Latitude
- 34.1093
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
