3361 Hamner Ave Norco, CA 92860-1941
This exceptional 1.78-acre commercial development site in Norco, CA (APN 127-020-032), is zoned C-3 - Heavy Commercial, offering significant potential. Strategically located off Interstate 15, this corner lot presents a compelling opportunity for various uses. Previously entitled for a 90-room Holiday Inn Express & Suites, complete architectural drawings are available upon request, making this a truly "shovel-ready" project. The City of Norco is actively seeking development in this area, and potential city incentives may be available, including negotiable permit fees, to facilitate project completion. This site represents a unique chance to capitalize on a pre-approved project with a major franchise already on board and ready to proceed. The seller will provide comprehensive documentation, including detailed drawings, upon execution of a purchase agreement. This prime location offers a rare combination of convenience, zoning flexibility, and potential for substantial returns. Don't miss this exceptional opportunity to acquire a fully entitled development site in a thriving California market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Norco, CANorco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.