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1044 Parkridge Ave
Build to Suit Option - Currently under Entitlement Process
Listing Contacts
License: CA 01927262
Active
Asking Price: $28,000,000
Address
1044 Parkridge Ave, Norco, CA 92860
Show on MapDate Added
Feb 22, 2020
Days on Market
1915 days
Time Since Last Update
47 days
Details
Property TypeIndustrial
SubtypeDistribution, Manufacturing, Warehouse
ClassA
Square Footage50,000 - 70,000
Units1
Year Built2021
Buildings1
Stories1
ZoningGateway Specific Plan
Lot Size (acres)4.3
APN591-074-04
Price/Unit$28,000,000
OwnershipSingle
Loading Docks8
Ceiling Height24-30
INTELLIGENCEMarketing Description
Cushman and Wakefield is pleased to present the opportunity to acquire Parkridge Development Location an approximate 4.3 acre development opportunity in Norco, California.
Ownership is currently working on entitlements and is working with the city to build a 50,000 - 70,000 Sq Ft building to spec for a buyer. This gives buyers the opportunity to acquire a building to spec at below market rate current sale buildings.
As one of the last remaining large development sites within the Parkridge development, this site represents an incredibly rare opportunity to develop either Office Parks or possibly a mixed-use office/industrial project dependent upon city approval.
The Property is located in a highly desirable strategic Inland Empire location 0.9 Miles from Highway I-15 and 1.6 Miles from CA-91 and close to the 91, 241 Toll Roads. This provides convenient access throughout Inland Empire as well as quick access to Orange County, Los Angeles and San Diego. The location is 31.4 Miles from John Wayne Airport, 62 Miles from LAX and 13 Miles from Ontario International Airport.
Investment Highlights
- Owner is Currently going through land evaluations and zoning change process.
- Total land available to build on is 2.96 acres
- Owner working on Entitlements on Developing 50,000-70,000 Sq Ft Industrial Building
Valuation Calculator
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Property History
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Due Diligence
Listing Contacts
- License: CA 01927262
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