540 Sandalwood Dr Calimesa, CA 92320-1500
- Turn key restaurants
- 5,842 SF
- 1.23 lot acres
Current Use by Public Records
- Bob's Big Boy / Restaurant / American Restaurant
- Sammy's Cafe / Restaurant
Property Details for 540 Sandalwood Dr
- Year built
- 1998
- Construction
- WOOD
- Lot size
- 1.23 lot acres
- Property size
- 5,842 SF
- Property type
- Turn key restaurants
- APN
- 411-210-027
- APU
- 411210027
Description
This exceptional 5,802 square foot restaurant property, located at 540 Sandalwood Drive in Calimesa, California, presents a unique owner-user or investment opportunity. Currently vacant, this Class B building offers immediate occupancy starting April 2, 2024. Boasting 6,242 square feet of net rentable space, the property sits on a substantial 1.74-acre lot (75,794 square feet) and includes 95 parking spaces. The strategic location adjacent to the Calimesa I-10 Freeway on/off ramp ensures high visibility and accessibility. Built in 1998, the single-story building is zoned (GC) General Commercial, providing flexibility for a variety of uses. The asking price is $4,200,000, translating to a land value of $727 per square foot. Parcel IDs are 411-210-026 and 411-210-027. This property is ideal for an experienced restaurateur seeking a high-traffic location or a developer looking to capitalize on the prime real estate and flexible zoning. The property's excellent condition and convenient location make it a truly compelling investment. Don't miss this chance to acquire a significant commercial property in a rapidly growing area of Riverside County, California, zip code 92320.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calimesa
- County
- Riverside
- State
- California
- Longitude
- -117.06
- Latitude
- 33.9928
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA