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Property profile & analytics
OFF-MARKET
Commercial real estate

27070 Iowa St Redlands, CA 92373

Individually Owned 3-yr Hold
Property ID
US10-1504437
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 Commercial real estate
APN 0292-155-22-0000
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Cheat Khakural · 3 yrs held
Cheat Khakural
since 2023
1 recorded transaction
2023
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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