$149.07 Per Sq Foot $32,075 est/mo Sourced by Back At You

1461 E Cooley Drive,Colton, CA 92324

Colton CA, 92324

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Description

Plaza at Cooley Ranch in Colton, CA presents an exceptional investment opportunity. This property includes a fully leased two-story, multi-tenant office building (APN: 0276-144-55) offering 40,081 sq. ft. of rentable space with a solid 7.53% in place CAP Rate and 8.03% proforma CAP Rate, with a sale price of $5,975,000. Additionally, there is an adjacent 1.29-acre parcel (APN: 0276-144-54) that not only provides income from a cell tower, 100+/- parking spaces for additional monthly fees, but also offers enticing development prospects; with an additional sale price of $1,330,000. Take advantage of this turnkey investment opportunity with a total portfolio price of $7,305,000. Situated in the heart of the thriving Inland Empire logistics hub, the Plaza at Cooley Ranch enjoys a strategic location close to major transportation routes such as I-10, I-215, and I-15 freeways. With 100% occupancy, this property promises immediate returns and growth potential in a high-demand market. Don't miss this incredible chance to own a stable income-producing asset in a prime Colton commercial real estate market.

Details

MLS#CV24084423
Listing TypeFor Sale
StyleOffice Building
Building NameThe Plaza at Cooley Ranch
Sub-TypeResale
StatusActive
Year1991
Days On Site28
Listing Provided ByMGR REAL ESTATE, INC. 909-981-4466 | Sangaroon Yangchana

Features

SQ Feet40,081
Story(s)2
Building(s)1
ZoningM-1
Acreage89734.00

Market Activity 92324

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountySan Bernardino
CityColton
Zip Code92324
Area273 Colton
Listing VS Median (in 92324)
Price:
$5,975,000
low | high
Med:
$931,000
100% of Average
SqFt:
40,081
low | high
Med:
12,951
100% of Average
$ / SqFt:
$149
low | high
Med:
$72
100% of Average
On Site:
28
low | high
Med:
1922.000000
2% of Average
Sourced by Back At You
Listing Updated: April 27, 2024 at 2:06:46 PM PDT