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    2567 Commerce

    Barstow, CA 92311
    • $1,150,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: TR20223365
    UPDATED: 65 min ago
    $1,150,000
    • 0
      BEDS
    • 1.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Freeway frontage land with Cell tower income.Cell tower generates $34,900 / year in income.That is a 3% return on the purchase price in and of itselfHotels on both sides of the site. Barstow is the location of In N Outs #1 store. This site is on the going home from Vegas side of the freeway.the cell tower income stream should be worth almost $600K on its own. deducting that the land is being valued at $9.21 / sq. ft., far below the $24 / sq. ft. comp recently achieved jus down the street

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T09:26:37.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/111255660
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    2567 Commerce Barstow, CA 92311

    • Price: $1,150,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: TR20223365
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.42
    Acres
    Neighborhood:
    BSTW - Barstow
    County:
    San Bernardino
    Area:
    BSTW - Barstow
    Property Description
    Freeway frontage land with Cell tower income.Cell tower generates $34,900 / year in income.That is a 3% return on the purchase price in and of itselfHotels on both sides of the site. Barstow is the location of In N Outs #1 store. This site is on the going home from Vegas side of the freeway.the cell tower income stream should be worth almost $600K on its own. deducting that the land is being valued at $9.21 / sq. ft., far below the $24 / sq. ft. comp recently achieved jus down the street
    Exterior Features

    Lot Features Value In Land Lot Size Source Assessor Lot Size Units Square Feet View Desert View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Curbs Country Us Distance To Water Comments 100 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Commercial

    Listing provided courtesy of Lee Spence of Daum Commercial Re Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T09:26:37.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    Bonsall CA, 92003