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1461 E Cooley Drive, Colton, CA 92324
$5,975,000
1461 E Cooley Drive, Colton, CA 92324View this property at 1461 E Cooley Drive, Colton, CA 92324
1461 E Cooley DriveColtonCA92324
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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.
Full Property Details
Full Property Details for 1461 E Cooley Dr
General
- Price: $5,975,000
- Status: Active
- Type: Office
- MLS ID: CV24084423
- Updated: 4/27/2024
- Days on Market: 14 days
- Added to Site: 17 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Bernardino
- Building Name: The Plaza at Cooley Ranch
- Driving Directions: SW of I-10 & I-215 interchange
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Utility Description: Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 40081
- Square Feet: 40,081
- Year Built: 1991
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 89,734
- Useable Acres: 89734
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Level
- Lot Description: Corner Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $149
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.75%
- Investment: Yes
- Property ID: 276144550000
Listed by Mgr Real Estate, Inc., SangaroonYangchana and MichaelRademaker
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Schools
Schools serving 1461 E Cooley Dr
School District:Colton Joint Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
750 S 8th St, Colton, CA 92324 | K-6 | 1.2 mi | |
22579 De Berry St, Grand Terrace, CA 92313 | 7-8 | 1.8 mi | |
21810 Main St, Grand Terrace, CA 92313 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1461 E Cooley Dr
Date
Details
Price
Change
Source
4/24/2024
Listed
$5,975,000
40.59%
MLS
9/06/2017
Sold
$4,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1461 E Cooley Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$58,611
1%
$4,647,996
2%
2022
$57,792
-2%
$4,556,859
2%
2021
$58,957
—
$4,467,509
1%
2020
$59,215
3%
$4,421,700
2%
2019
$57,628
16%
$4,335,000
16%
2018
$49,813
4%
$3,721,138
2%
2017
$48,102
10%
$3,648,174
2%
2016
$43,695
-8%
$3,568,164
2%
2015
$47,641
4%
$3,514,567
2%
2014
$46,023
-1%
$3,445,722
—
2013
$46,644
—
$3,430,149
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1461 E Cooley Dr
1461 E Cooley Drive, Colton, CA 92324 (MLS# CV24084423) is a Office property. 1461 E Cooley Drive is currently listed for $5,975,000 and was received on April 24, 2024. Want to learn more about 1461 E Cooley Drive? Do you have questions about finding other Office real estate for sale in Colton? You can browse all Colton real estate or contact a Coldwell Banker agent to request more information.