Redlands, California, offers a unique opportunity for investors to capitalize on the city's rich history, cultural attractions, and community events. With 9 industrial properties for sale, Redlands presents a diverse range of investment options, from light manufacturing facilities to software development centers. Industrial properties in Redlands can represent a variety of investments, including warehouses, distribution centers, and research and development facilities. The city's amenities, infrastructure, and location make it an attractive choice for businesses, with access to major transportation facilities like the Arrow commuter rail service and the San Bernardino Line of Metrolink. Additionally, Redlands is home to esteemed institutions like the University of Redlands and the Gorman Learning Center, providing a skilled workforce. The city's geography, with its dry-summer subtropical climate, also makes it an ideal location for various industries. As a hub for business and travel, Redlands boasts attractions like the Redlands Bowl, the Lincoln Shrine, and the A.K. Smiley Public Library, making it an excellent choice for investors.
Redlands' industrial properties are situated in a city with a strong sense of community, rich history, and cultural significance. The city's downtown area is home to a variety of local attractions, including shopping centers, breweries, and distilleries. In addition to industrial properties, Redlands also offers warehouses, with an average price per square foot of $266 USD and an average size of 73,981 square feet. Land is also available, with the largest parcel spanning 284,917 square feet. Apartment buildings and commercial real estate are also options, with the average cap rate for industrial properties being 5.97%. With its diverse economy, rich history, and cultural attractions, Redlands presents a unique opportunity for investors to capitalize on the city's growth and development.
What is the average price per square foot for industrial properties in Redlands?
The average price per square foot for industrial properties in Redlands is $266 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Redlands, California, with proximity to major transportation facilities, infrastructure, and local amenities influencing property values.
- Industrial properties near the Arrow commuter rail service, San Bernardino Line of Metrolink, and major highways, such as I-10 and I-215, tend to have higher values due to easy access to regional markets and labor pools.
- Properties located near the Redlands Municipal Airport, a general aviation airport, may also command higher prices due to the convenience of air transportation for businesses and clients.
- Additionally, industrial properties situated in areas with a high concentration of amenities, such as shopping centers, restaurants, and entertainment options, may attract higher values as they offer a more desirable work environment and convenience for employees.
