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INVESTMENT HIGHLIGHTS
- Unique owner/user opportunity for yard-oriented users
- Strategic Alhambra location only 0.5 miles from the Long Beach (710) Freeway and 1 mile from the San Bernardino (10) Freeway
- Properties are vacant, free of any leases
- Rare potential redevelopment site in the infill San Gabriel Valley industrial market
- Extremely tight industrial market with Q2, 2022 vacancy rate at 0.7%
EXECUTIVE SUMMARY
Colliers International is offering a rare opportunity to acquire up to three irreplaceable industrial parcels totaling +/-4.29-acres.
All three parcels are zoned IPD which is the industrial zone in the City of Alhambra. In addition to traditional manufacturing, warehousing and distribution uses, this zone also allows outside storage of fleet vehicles, contractor’s storage yards, and lumberyards. The zone allows for the smaller parcel (715 S. Meridian Ave.) to be used as off-site parking for the main parcels.
As an accommodation to prospective buyers, property surveys, environmental reports and demolition bids are available.
All three parcels are zoned IPD which is the industrial zone in the City of Alhambra. In addition to traditional manufacturing, warehousing and distribution uses, this zone also allows outside storage of fleet vehicles, contractor’s storage yards, and lumberyards. The zone allows for the smaller parcel (715 S. Meridian Ave.) to be used as off-site parking for the main parcels.
As an accommodation to prospective buyers, property surveys, environmental reports and demolition bids are available.
PROPERTY FACTS
| Price | $2,440,549 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.30 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | IPD - Industrial Planned Development | ||
| Price | $2,440,549 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.30 AC |
| No. Stories | 1 |
| Zoning | IPD - Industrial Planned Development |
1 LOT AVAILABLE
Lot
| Price | $2,440,549 CAD | Lot Size | 0.30 AC |
| Price Per AC | $8,135,162.94 CAD |
| Price | $2,440,549 CAD |
| Price Per AC | $8,135,162.94 CAD |
| Lot Size | 0.30 AC |
Current Use Off Site Parking Lot
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 5291-026-021 | Improvements Assessment | $5,667 CAD |
| Land Assessment | $156,859 CAD | Total Assessment | $162,525 CAD |
PROPERTY TAXES
Parcel Number
5291-026-021
Land Assessment
$156,859 CAD
Improvements Assessment
$5,667 CAD
Total Assessment
$162,525 CAD
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715 S Meridian Ave
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