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    Investment properties

    26970 Meines St, Highland, CA 92346

    888 SF 1.17 ac lot Built 1945
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US10-1568099
    26970 Meines St, Highland, CA 92346 For Sale
    $1,960,000 888 SF
    26970 Meines St, Highland, CA 92346
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    Property summary
    AI-generated overview

    This exceptional 2.34-acre industrial land parcel, located at 26970 Meines Street, Highland, CA 92346, presents a unique opportunity for businesses seeking a strategic location in the Inland Empire East submarket, specifically the San Bernardino cluster. The property, identified by APN 1192-611-02-0000, is zoned for industrial use (I) and offers significant potential for development or expansion. The site encompasses 101,930 square feet and includes an existing ±1,200 square foot structure, providing immediate utility. Existing utilities are already in place, including power, water, and septic. A portion of the property is fenced, offering some level of security. The asking lease rate is $15,000 per month gross, or $0.15 per square foot gross. This property is conveniently situated near Palm Avenue, providing easy access to major transportation routes. The property's location within the Inland Empire East offers excellent access to a robust workforce and established infrastructure. This is an ideal opportunity for businesses seeking a versatile and well-located industrial property in a thriving market. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1945
    Construction FRAME
    Total area 888 SF
    Lot 1.17 ac (50,750 SF)
    APN 1192-611-02-0000
    UPID US10-1568099
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.05M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.96M
    Owner & transaction history
    6730 Hesperia LLC · 3 yrs held
    6730 Hesperia LLC
    since 2023
    Last sale
    $1.9M
    4 recorded transactions
    2023
    $1.9M
    2022
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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