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Property profile & analytics
OFF-MARKET
Manufacturing properties

109 Spg St Claremont, CA 91711-4930

20,406 SF 1.93 ac lot Built 1906
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US09-9030211
Property summary
AI-generated overview

This exceptional 1.93-acre commercial land parcel, located at 109 Spring Street in Claremont, California (zip code 91711), presents a unique investment opportunity. The property is zoned MU2, allowing for high-density residential and mixed-use developments. Its strategic location offers unparalleled access to major transportation arteries, including the 10, 210, and 57 freeways, ensuring convenient connectivity throughout the region. Furthermore, the site benefits from its proximity to six Claremont universities, creating a vibrant and dynamic surrounding environment with a large potential pool of residents and students. Currently, short-term leases are in place on the property. This presents a blank canvas for developers seeking to capitalize on the area's strong demand for housing and commercial spaces. The substantial lot size provides ample room for a variety of development projects, catering to diverse needs and maximizing return on investment. Los Angeles County location provides access to a large and diverse market. This is a rare opportunity to acquire a significant land parcel in a highly desirable and rapidly growing area.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1906
Construction TILT-UP CONCRETE
Total area 20,406 SF
Lot 1.93 ac (84,069 SF)
Zoning code CLI*
APN 8313-023-025
UPID US09-9030211
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
  • Safety Center Incorporated Occupational Safety And Health Educational Consultant
  • IVES Training Group Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Claremont Spring Street LLC · 13 yrs held
Claremont Spring Street LLC
since 2013
Last sale
$5.3M
3 recorded transactions
2013
Price N/A
2012
Price N/A
2007
Price N/A
Zoning & alternative use
CLI* · Claremont, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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