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1116 Santo Antonio ST Colton, CA 92324
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Key Details
Sold Price $825,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR18117653
Sold Date 04/22/21
HOA Y/N No
Lot Size 2.740 Acres
Acres 2.74
Property 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.
Location
State CA
County San Bernardino
Area 273 - Colton
Zoning Apartment
Interior
Fireplace No
Exterior
Community Features Curbs, Gutter(s)
View Y/N Yes
View Mountain(s)
Building
Lot Description 26-30 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0276501150000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Lee Spence • Daum Commercial RE Services
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