724 Wabash Ave Redlands, CA 92374
This exceptional Redlands, CA commercial property, located at 724 N Wabash Avenue, 92374, offers a unique investment opportunity. The 580 square foot building, currently zoned as "Community Industrial" (verification recommended with San Bernardino County), presents versatile usage potential. The property boasts a high-visibility location and features newly installed curb, gutter, and sidewalk improvements. A significant asset is the inclusion of a substantial canopy structure, approximately 20' x 75', providing ample covered space. The land itself is graded and flat, as per San Bernardino County Land Use specifications. The existing single-family residence (SFR) on the property, while legally non-conforming, could be repurposed as caretaker quarters, complementing a business operation. According to San Bernardino County's Table 82-17, permitted land uses within the IC zoning district include light manufacturing, wholesale/warehouse services, construction services, motor vehicle storage, transportation services, truck terminals, agricultural support services, incidental commercial uses, and accessory residential uses. All information should be independently verified with San Bernardino County Land Use. The asking price for this prime commercial property is $525,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.