Property profile & analytics
1904 Rancho Ave Colton, CA 92324-1201
- Grocery and convenience stores
- 29,120 SF
- 2.62 lot acres
OFF-MARKET
Value Estimations
$6,500,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US10-1199215
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- SAM Auctions / Trade Show Venue / (Bike/Boat/Book/etc) Store
- Coinstar Kiosk | Bitcoin ATM / Kiosk / Atm
- Stater Bros. Markets / Grocery & Convenience Store / Food Market
- Coinme at Coinstar - Bitcoin Kiosk / Shopping Center & Mall / (Bike/Boat/Book/etc) Store
- TNT Fireworks / Discount Store / Party Supply Store
Property Details for 1904 Rancho Ave
- Year built
- 1976
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.62 lot acres
- Property size
- 29,120 SF
- Property type
- Grocery and convenience stores
- APN
- 0160-031-37-0000
- APU
- 160031370000
Description
This exceptional vacant shopping center presents a unique investment opportunity in the thriving city of Colton, California. Boasting a substantial 72,920 square feet of retail space, this property sits on a generous 9.04-acre lot and is ideally situated at 1904 N Rancho Ave, 92324. The property is zoned C-2 (General Commercial), offering considerable flexibility for a wide range of retail uses. Its strategic location benefits from strong demographics, including a 2023 population of 361,429 within a 5-mile radius and an average household income of $81,999 within 1 mile. The property's prominent location within San Bernardino County (population 2,225,000) and its proximity to the expansive Los Angeles MSA (population 12,534,000) ensures significant potential for high foot traffic and customer reach. The property's Assessed Parcel Numbers (APNs) are 0160-031-36-0000, 0160-031-37-0000, 0160-031-38-0000, 0160-031-39-0000, 0160-031-40-0000, and 0160-031-41-0000. This is a rare chance to acquire a large-scale retail property in a high-growth area with exceptional potential for significant returns. The property is currently vacant, providing a blank canvas for a new owner to create a thriving retail destination.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,955,000
- 6.5%
- $6,420,000
- 7%
- $5,965,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,028,000
- AI Estimate
- $6,056,000
Market price range: $3.32M - $10.4MMarket price range: $1.93M - $8.77M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $6,470,000 Current use
- AUTO REPAIR, GARAGE
- $8,865,000 Change: +37% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $8,830,000 Change: +36% Conversion: Easy
- MEDICAL BUILDING
- $8,425,000 Change: +30% Conversion: Difficult
- WAREHOUSE, STORAGE
- $7,930,000 Change: +23% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Colton
- County
- San Bernardino
- State
- California
- Longitude
- -117.333
- Latitude
- 34.0905
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,775
$892,415
$3,324,246
$4,216,661
-
$0.00
$0.00
$0.00
