Colton, CA 92324,1461 E Cooley DR
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Colton, CA 92324,1461 E Cooley DR
Colton, CA 92324,1461 E Cooley DR
Colton, CA 92324,1461 E Cooley DR
Colton, CA 92324,1461 E Cooley DR
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$ 5,975,000
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1461 E Cooley DR Colton, CA 92324

40,081 SqFt


UPDATED:

09/30/2024 11:27 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 40,081 sqft

Price per Sqft $149

MLS Listing ID CV24084423

HOA Y/N No

Year Built 1991

Lot Size 49299.441 Acres

Acres 89734.0

Property 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.

Location

State CA

County San Bernardino

Area 273 - Colton

Zoning M-1

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Present Use Commercial,Improved,Investment,Parking Lot

Building

Lot Description Corner Lot, Level

Story 2

Water Public

Others

Tax ID 0276144550000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Sangaroon Yangchana • MGR REAL ESTATE, INC. • 714-273-0208

Matt Peters

Broker Associate | License ID: 01984989

+1(626) 344-1956

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1461 E Cooley DR