27070 Iowa St Redlands, CA 92373
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.