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1601 Riverside Drive

$200,000
1601 Riverside Drive, Barstow, CA
Status: Under Contract
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Property Type
Acreage
Acreage
36.3 acres
County
San Bernardino, CA
Format
Sale
Features
N/A
List Date
Sep 26, 2023
Documents
N/A
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.
Listing Agent
Jason Lamoreaux
Commercial Real Estate Solutions
Victorville, California
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