Development Opportunity

3rd St Highland, CA 92346

3rd St, Highland, CA, 92346
3rd St, Highland, CA, 92346 3rd St, Highland, CA, 92346
FOR SALE
Property Type:
Other Land
Amount:
$1,200,000
Last Verified:
Nov 28, 2023


Description

This exceptional commercial property offers an enticing opportunity for investors and business owners alike. This property features approximately 36,88 square feet of undeveloped land, ideal for a developer or contractor yard. This versatile light industrial complex has multiple well occupied multi-tenant buildings providing savvy investors a value-add opportunity.

Key Features:

Development Potential: The property boasts a LARGE vacant lot offering a substantial development or redevelopment opportunity. Unlock the potential of this prime piece of real estate to meet your specific needs.

Convenient Location: With access on 3rd Street and from 5th Street, this property enjoys excellent visibility and accessibility. It is strategically located in close proximity to the San Bernardino International Airport, enhancing its appeal for logistics and transportation businesses.

Ample Parking: On-site parking ensures convenience for tenants and their clients, while ground-level fenced access facilitates easy loading and unloading of goods.

Don't Miss Out: Seize this rare opportunity to acquire a development lot located within a light industrial property with tremendous potential for value appreciation. Whether you're looking to secure steady rental income or capitalize on the vacant land, this property offers a wealth of possibilities.

This exceptional commercial property offers an enticing opportunity for investors and business owners alike. This property features approximately 36,88 square feet of undeveloped land, ideal for a developer or contractor yard. This versatile light industrial complex has multiple well occupied multi-tenant buildings providing savvy investors a value-add opportunity.

Building Size: 0sq ft
Lot Size: 40014.0 acres


Documents

Offering Memorandum

Map of 3rd St, Highland, CA, 92346

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.