Barstow, CA 92311,1601 Riverside
Barstow, CA 92311,1601 Riverside
Barstow, CA 92311,1601 Riverside
8
$32,500
$200,000
83.8%
Est.Price: ?

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36.3 Acres Lot

1601 Riverside Barstow, CA 92311

Est. payment /mo
SOLD DATE : 05/01/2024

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Key Details

Sold Price $32,500

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID HD23179804

Sold Date 05/01/24

HOA Y/N No

Lot Size 36.300 Acres

Acres 36.3

Property 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, youre 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.
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, youre 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.

Location

State CA

County San Bernardino

Area Barstow (92311)

Building

Lot Size Range 20+ AC

Others

Monthly Total Fees $1

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San Diego Regional MLS (SDMLS)
Listed by Kyle Vizzo • Coldwell Banker Commercial Rea
Bought with Jason Lamoreaux • Coldwell Banker Commercial Rea

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Lindsay Shuman

Realtor | License ID: 01960302

+1(619) 339-1195

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