Property profile

27070 Iowa St Redlands, CA 92373

OFF-MARKET
Land
Property ID
US10-1504437
Individually Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional 7,198 sq ft buildable commercial/industrial lot in Redlands, CA (APN 0292-155-22-0000) is priced at $1,499,999. Situated on the corner of Park Avenue and Iowa Street, this property offers unparalleled access and visibility. The lot is zoned for commercial/industrial use and is entitled for a 7,198 square-foot building featuring 14-foot roll-up doors (buyer to verify entitlements). Significant pre-development work has already been completed, including over $200,000 invested in land development, tree removal, fencing, and building remodeling. Currently, a 3-bedroom, 2-bathroom building with a large living room, kitchen, detached garage, and storage unit sits on the lot

Property profile

Verified
Property type Land
UPID US10-1504437

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27070 Iowa St Redlands, CA 92373
Redlands metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
1 recorded transaction
2023
$1.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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