1044 Parkridge Ave, Norco, CA 92860
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.
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Santa's Helpers Inc Home Health Care Service
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.