Pasadena, California, is a prime location for investing in Commercial Land, with 19 available listings. As a hub for scientific, educational, and cultural institutions, Pasadena offers a unique blend of amenities, infrastructure, and location, making it an attractive destination for businesses and travelers alike. Commercial Land in Pasadena can represent a range of investments, from retail and entertainment to technology and manufacturing. With its rich history, cultural attractions, and strong economy, Pasadena is an ideal place to invest in Commercial Land. The city's amenities, such as the Rose Bowl Aquatics Center and Huntington Hospital, as well as its educational institutions, including Caltech and Pasadena City College, make it an attractive location for businesses and residents. Additionally, Pasadena's proximity to downtown Los Angeles and its transportation infrastructure, including the Los Angeles Metro A Line light rail and Hollywood Burbank Airport, make it easily accessible.
Pasadena's Commercial Land market offers a range of opportunities, with an average price per square foot of $2,186 USD and an average size of 11,435 square feet. The largest available listing is 11,435 square feet, offering ample space for businesses to grow. With an average cap rate of , Commercial Land in Pasadena can provide a strong return on investment. In addition to Commercial Land, Pasadena also offers other property types, such as office spaces, retail stores, and industrial properties, each with its own unique characteristics and investment opportunities. Overall, Pasadena's Commercial Land market offers a unique combination of location, amenities, and infrastructure, making it an attractive destination for investors and businesses alike.
What are common commercial uses for land in the Pasadena market?
In Pasadena, commercial land is often utilized for retail, entertainment, and technology purposes, aligning with the city's major economic sectors. With 19 available listings of commercial land, investors and developers can explore opportunities for projects such as office spaces, restaurants, shopping centers, and research facilities, taking advantage of the city's strong infrastructure and proximity to Los Angeles.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Pasadena, California, there are several common ways to do so. For instance, investors can buy land directly from property owners, work with a commercial real estate broker, or explore online marketplaces like LoopNet, where you can find 19 available listings of commercial land for sale, with an average price per square foot of $2,186 USD and an average size of 11,435 square feet.
Before making a purchase, it's essential to understand the process and considerations involved in buying land. Our article on how to buy land provides valuable insights and guidance to help you navigate the process successfully. Whether you're a seasoned developer or a new investor, understanding the ins and outs of land acquisition is crucial to ensuring the success of your development project.
