1481 La Cadena Dr, Colton, CA 92324-2301
- Retail space
- 21,409 SF
- 1.38 lot acres
Current Use by Public Records
- 99 Cents Only Stores / Discount Store
- Assemblies Unlimited Inc / Business Related
Property Details for 1481 La Cadena Dr
- Year built
- 1956
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.38 lot acres
- Property type
- Retail space
- APN
- 0160-253-32-0000
- APU
- 160253320000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 22, 2019 | — | D & Z Properties LLC | D & Z Properties INC | Quit Claim Deed · related | — |
| Mar 28, 2016 | $2,675,000 | D & Z Properties INC | Victoria Land Partners LP | Grant Deed | $1.8M · Bbcn Bk |
| May 23, 2012 | — | Victoria Land Partners LP | — | Deed Of Trust · related | $10.3M · Comerica Bank |
| Mar 1, 2012 | $1,933,500 | Victoria Land Partners LP | Ocean Blue INC | Grant Deed | — |
| Oct 1, 2002 | $760,000 | Ocean Blue INC | Morse,faye | Grant Deed | $684k · Cnl Commercial Finance INC |
| Oct 1, 2002 | $108,000 | Faye Morse | Capital Progess Corp | Grant Deed · related | — |
| Oct 20, 1999 | $300,000 | Capital Progress Corp | Vargas,luis G & Maria E | Grant Deed · related | $270k · Seller |
| Jun 28, 1996 | $245,000 | Luis G Vargas | Residential Mortgage Corp | Grant Deed | $160k · Pacific Thrift & Loan Co |
| Aug 28, 1995 | $216,060 | Presidential Mortgage Corp | Cedu School INC | Trustees Deed · related | — |
| May 31, 1995 | — | La Cadena Dev | Cavalier,sales | Grant Deed · related | — |
| Nov 8, 1994 | $44,000 | Cavalier Sales Corp | Cavalier Sales Corp | Grant Deed · related | $186k · Cedu School INC |
| Oct 28, 1994 | $48,000 | Cavalier Sales Corp | Cedu School INC | Grant Deed · related | — |
| Nov 30, 1992 | $272,380 | Cedu School INC | Lopez,a P | Trustees Deed · related | — |
| Aug 25, 1989 | $517,000 | Lopez A P & Carm | Cedu School INC | Trustees Deed | $160k · Presidential Mortgage Corp |
| Aug 25, 1989 | $310,500 | Cedu School INC | Cedu Foundation | Trustees Deed · related | — |
| — | — | Capital Progress Corp | — | Deed Of Trust · related | $170k · Skyler Trust |
| — | — | Victoria Land Partners LP | — | Deed Of Trust · related | $1.2M · California Bank & Trust |
| — | — | Ocean Blue INC | — | Deed Of Trust · related | $690k · Union Bank Of California |
| — | — | Lopez A P | — | Deed Of Trust · related | — |
| — | — | Lopez A P | — | Deed Of Trust · related | $50k · Individual |
| — | — | Cedu School INC | — | Deed Of Trust · related | $185k · Presidential Mortgage Corp |
Description
This exceptional retail property, formerly a 99 Cents Store, presents a significant opportunity for investors and businesses alike. Located at 1481 N La Cadena Dr, Colton, CA 92324, this single-tenant building boasts a substantial 21,436 square feet of vacant space, ready for immediate occupancy. Situated on a generous 1.38-acre lot, the property offers ample room for expansion, redevelopment, or outdoor amenities. The strategic location at the intersection of Grant Ave and Mt Vernon Ave ensures high visibility and accessibility, making it ideal for a variety of retail uses. The property's zoning allows for grocery, storefront, or gym uses, among other possibilities. The property's address is 1481 N La Cadena Dr, Colton, CA 92324, and it is situated within the San Bernardino submarket of San Bernardino County. The Assessor's Parcel Number (APN) is 0160-253-32-0000. This is a rare opportunity to acquire a large, well-located retail space in a growing area. The expansive footprint and prime location offer unparalleled potential for a variety of businesses seeking to establish a strong presence in the Colton market. Don't miss this chance to secure a valuable asset in a thriving community.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,115,000
- 6.5%
- $4,720,000
- 7%
- $4,385,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,174,000
- AI Estimate
- $4,459,000
Market price range: $2.44M - $7.61MMarket price range: $1.42M - $6.45M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,755,000 Current use
- AUTO REPAIR, GARAGE
- $6,520,000 Change: +37% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $6,490,000 Change: +36% Conversion: Easy
- MEDICAL BUILDING
- $6,195,000 Change: +30% Conversion: Difficult
- WAREHOUSE, STORAGE
- $5,830,000 Change: +23% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colton
- County
- San Bernardino
- State
- California
- Longitude
- -117.315
- Latitude
- 34.0845
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
