1157 N 7th
About This Property
Discover exceptional potential with these two side-by-side parcels centrally located in Colton, totaling a generous 13,634 square feet. Zoned M-1 (Light Industrial) and situated in a partially residential neighborhood, this fully fenced property offers a versatile foundation for a variety of uses or future development. *
The lot includes an existing building for potential on-site office or storage. Logistics and commuting are a breeze with highly convenient, close access to both the 10 and 215 freeways. *
While currently zoned for light industrial use, the surrounding residential properties suggest intriguing possibilities for alternative development. *
Property Highlights:
*Total Lot Size: 13,634 sq. ft. (Two side-by-side parcels)
*Zoning: M-1 (Light Industrial)
*Existing Structures: One building.
*Location: Immediate access to I-10 and I-215
*Surroundings: Located in a transitional, partially residential area
Property is being sold for land value and current M-1 utility. The potential for residential or other alternative development may exist due to the surrounding area; however, the seller makes no guarantees. Buyer to independently investigate, verify, and conduct all due diligence with the City of Colton regarding zoning, permits, and all potential future land uses.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 21, 2026 | Listed by Compass | $500,000 | |
| Listed by Compass | |||
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017