$200,000
 $1,331 est/mo Sourced by Back At You

1601 Riverside Drive , Barstow, CA 92311

Barstow, CA 92311

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Description

Introducing an expansive 36.3-acre parcel in the heart of Barstow, strategically located with impressive frontage along the heavily trafficked I-15 Northbound corridor. Capitalize on the prominent visibility offered by TWO (2) established Lamar signs, already generating a substantial gross income of approximately $23,075 annually. Highlighting the Financial Benefits: Consistent Revenue Stream: This property boasts TWO prominent Lamar signs. These aren't just symbols of visibility; they are substantial revenue generators, producing an impressive gross income of approximately $23,075 annually. With such a steady income stream, you’re already benefiting before considering further development. Frontage Along I-15 Northbound: The property's strategic location along the bustling I-15 Northbound ensures these Lamar signs capture the attention of thousands daily. The traffic volume along this corridor magnifies the potential for advertising returns and ensures a continual demand for advertising space. Investment with Immediate Returns: While vacant land typically requires development to start generating income, this parcel breaks the norm. The established Lamar signs offer an immediate ROI, allowing you to reap financial rewards from day one. Prime Location with Growth Potential: Though the spotlight here is the existing income, it's hard to overlook Barstow's growing appeal as a commercial junction. The region's growth could lead to increased advertising rates in the future, amplifying the property's income potential further.

Details

MLSHD23179804
Listing TypeFor Sale
Sub-TypeResale
StatusClosed
Days On Site378
Listing Provided ByColdwell Banker Commercial Rea 760-684-8000 | Kyle Vizzo

Features

ZoningMedium Density Residentia
Acreage36.30
Property ViewNone

Market Activity 92311

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 8 minutes ago
StateCA
CountySan Bernardino
CityBarstow
Zip Code92311
AreaBSTW Barstow
Listing VS Median (in 92311)
Price:
$200,000
low | high
Med:
$295,000
2.5% of Average
On Site:
378
low | high
Med:
41.500000
100% of Average
Sourced by Back At You
Listing Updated: May 3, 2024 at 11:02:53 AM PDT