$1,074,100

1116 Santo Antonio Street

Colton CA, 92324

Description

The offering incudes 2 parcels of adjacent land totaling 2.74 acres. the land is zoned general commercial with a residential overlay allowing up to 30 dwelling units per acre to be built. the area is a sub area of Colton called Cooley Ranch. Cooley Ranch is home to some 1,500 residential units, 4 major RV dealers, along with a Wal-Mart, Starbucks and numerous other retailers and office space uses. This land is one of only 4 developable parcels in Cooley Ranch, 2 of which, are not on the market. The other land on the market is 11 acres pwned by the City and is on them market with a price target range of $15 - $20 / sq. ft.. Given the demand for housing units in the area, an apartment development would be feasible and advantageous.

Details

MLS#TR18117653
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site167

Features

ZoningApartment
Acreage2.74
Property ViewYes

Market Activity 92324

Loading Form
Loading Form
Area Information
StateCA
CountySan Bernardino
CityColton
Zip Code92324
Area273 - Colton
Listing VS Median (in 92324)
Price:
$1,074,100
low | high
Med:
$350,000
100% of Average
On Site:
167
low | high
Med:
11
100% of Average
Listing Updated: November 29, 2020 10:22:12 PM PST
Lee Spence LogoMLS Number: TR18117653
Listing Provided By:
Lee Spence  of  Daum Commercial RE Services
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.