For Sale
$9,000,000

17897 Marygold AveBloomington, CA 92316

Prime Inland Empire location, 4.48 acres, 40 units/acre potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional 4.48-acre mixed-use property presents a compelling investment opportunity in the thriving Inland Empire market of Bloomington, CA. Strategically located near the intersection of major freeways – I-10, I-210, and I-15 – this site offers unparalleled access and visibility. The 1,200 square foot existing structure sits on a large parcel with approved development plans allowing for up to 40 units per acre. This translates to significant potential for substantial returns, capitalizing on the area's robust multifamily sector and strong local economy. The property benefits from sound demographics and a consistently high demand for housing in this rapidly growing region. The current market conditions in the Inland Empire are exceptionally favorable for developers and investors seeking to leverage the area's ongoing rent growth and development activity. This is a rare chance to acquire a well-positioned asset with significant upside potential in a highly sought-after location. The approved development plans streamline the process, minimizing delays and maximizing efficiency for a swift and profitable project. The property's size and zoning make it ideal for a variety of mixed-use developments, catering to the diverse needs of the community. This is a turnkey opportunity for those seeking to capitalize on the Inland Empire's dynamic real estate market. The asking price is $9,000,000.

Property Details for 17897 Marygold Ave

Property type
Mixed-use properties
Square Feet
1,200 SF
Year Built
1983
Lot Size (sq. ft)
195,149 SF

Location Insight

City
Bloomington
County
San Bernardino
State
California
Latitude
34.07377
Longitude
-117.4141
17897 Marygold Ave, Bloomington, California

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17897 Marygold Ave
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