395 La Cadena Dr Colton, CA 92324-2927
- Banks
- 1.12 lot acres
Current Use by Public Records
- Bank of America ATM (Drive-thru) / Atm
Property Details for 395 La Cadena Dr
- Construction
- STEEL FRAME
- Lot size
- 1.12 lot acres
- Property type
- Banks
- APN
- 0162-095-25-0000
- APU
- 162095250000
Description
This exceptional 10,283-square-foot retail property is situated in Colton, California, within San Bernardino County. The two-story building, formerly a bank branch, sits on a 1.12-acre lot (48,771 square feet) and boasts 57 parking spaces. Its convenient location near the signalized intersection of N. La Cadena Drive and W. G Street provides excellent visibility and accessibility, with easy access to Interstate 10. The property is zoned Mixed-Use Downtown (M-U/D) per the City of Colton. The sale includes a leaseback agreement for two drive-thru ATMs. The building's substantial size and ample parking make it ideal for a variety of retail uses. This prime location offers significant potential for a savvy investor seeking a strong foothold in a growing market. The APN is 0162-095-25-0000. The property's strategic placement and versatile zoning create a compelling opportunity for future development and growth. This is a rare chance to acquire a well-positioned retail space with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,375,000
- 6.5%
- $1,215,000
- 7%
- $1,345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,255,000
- Geo Method
- $1,345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,335,000
- Retail
- $1,275,000
- Mixed-Use
- $1,345,000
- Hospitality
- $1,405,000
- Educational
- $1,320,000
- Residential Income
- $1,325,000
- Energy
- $1,060,000
- Income-Based Land
- $1,400,000
- Food Service
- $1,260,000
Location Insight
- Map
- Local Demand
- City
- Colton
- County
- San Bernardino
- State
- California
- Longitude
- -117.325
- Latitude
- 34.0688
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA