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Property profile & analytics

31559 Us Highway 74 Homeland, CA 92548

  • Retail space
  • 620 SF
  • 0.18 lot acres
Value Estimation
Last Sale
Oct 26, 2023
$100,000
Location Intelligence
Property ID
US09-0469975
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

  • Retail space

Property Details for 31559 Us Highway 74

Year built
1948
Construction
WOOD
Lot size
0.18 lot acres
Property size
620 SF
Zone code
CPS
Property type
Retail space
APN
459-161-017
APU
459161017

Description

This 620-square-foot retail property, situated at 31559 US Highway 74 in Homeland, California, presents a compelling investment opportunity. The property sits on a 0.18-acre lot and is being offered at $359,900. It's important to note that the property is being sold "AS IS," meaning the seller will not undertake any repairs or modifications prior to the sale. This presents a unique chance for a buyer to acquire a commercial space at a competitive price and customize it to their specific needs and vision. The property requires some work, making it ideal for an investor or business owner willing to invest in renovations and improvements. Given its location on US Highway 74, the property benefits from high visibility and potential for significant foot traffic, making it a suitable location for a variety of retail businesses. The asking price reflects the need for renovations, offering a potentially lucrative return on investment for the right buyer. Serious inquiries are encouraged to act quickly, as this property is expected to sell rapidly. The property's address is 31559 US Highway 74, Homeland, CA. Further details are available upon request.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $105,000
  • CAP approach

    CAP return
    Estimation
    6%
    $135,000
    6.5%
    $140,000
    7%
    $125,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $155,000
    Geo Method
    $125,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $140,000
    Retail
    $130,000
    Mixed-Use
    $155,000
    Hospitality
    $145,000
    Educational
    $130,000
    Residential Income
    $125,000
    Energy
    $120,000
    Income-Based Land
    $130,000
    Food Service
    $160,000

Location Insight

  • Map
  • Local Demand
City
Homeland
County
Riverside
State
California
Longitude
-117.11
Latitude
33.7431
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
2024
$2,640
$101,000
$80,800
$181,800
-
$0.00
$0.00
$0.00
More about this property
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