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    OFF-MARKET
    Distribution centers

    1044 Parkridge Ave, Norco, CA 92860

    50,000 SF 4.3 ac lot Built 2021
    Property ID
    US10-1772189
    Property summary
    AI-generated overview

    This exceptional opportunity presents a 4.3-acre site in Norco, California, currently undergoing entitlement processing for a build-to-suit industrial development. The property, located at 1044 Parkridge Ave, offers the chance to acquire a new, Class A industrial building ranging from 50,000 to 70,000 square feet, potentially at below-market rates. The single-story building will feature 8 loading docks and ceiling heights between 24 and 30 feet. The property is zoned under the Gateway Specific Plan and boasts a prime location within the highly desirable Inland Empire, offering unparalleled access to major transportation arteries. It's situated just 0.9 miles from Interstate 15 and 1.6 miles from CA-91, providing convenient access to Orange County, Los Angeles, and San Diego. Proximity to John Wayne Airport (31.4 miles), LAX (62 miles), and Ontario International Airport (13 miles) further enhances its strategic value. This represents a rare chance to secure a build-to-suit industrial facility in a thriving location, with the potential for significant return on investment. The property's APN is 591-074-04. The asking price for this exceptional opportunity is $28,000,000. The current owner is actively working with the city to finalize entitlements. This is a single-unit property built in 2021.

    Property profile
    Verified
    Property type Distribution centers
    Year built 2021
    Total area 50,000 SF
    Lot 4.3 ac (187,308 SF)
    APN 591-074-04
    UPID US10-1772189
    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
    Current use
    Occupant on record · Public records
    • Santa's Helpers Inc Home Health Care Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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