2430 Grove AveOntario, CA 91761

  • Land
  • 1.74 AC
For Sale
$2,350,000 View listing

Property Details for 2430 Grove Ave

Lot size
1.74 AC
Property type
Land
Property subtype
Commercial land
APN
1051-171-41-0000
APU
1051171410000

Description

This exceptional 1.74-acre commercial land parcel presents a rare opportunity for development in Ontario, California. Located directly off the highly trafficked 60 Freeway (with over 227,000 cars passing daily), this property boasts unparalleled visibility and accessibility. Zoned CN, it allows for a variety of retail and medical uses, making it ideal for a wide range of businesses. The site is part of the established Grove Plaza regional center, a 123,000 square foot development anchored by CVS and 99¢ Only Stores, providing strong co-tenancy and shared access to ample parking. The property's location on S. Grove Ave. ensures easy access for customers and employees. Development potential includes a building of up to 19,000 square feet. Offered at $2,350,000 fee simple. This is a unique chance to capitalize on a high-traffic location within a thriving commercial center. Don't miss this opportunity to secure a prime piece of real estate in a rapidly growing area. The property offers reciprocal access and parking within Grove Plaza.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,609,270
    Hospitality
    $19,793,974
    Educational
    $16,468,355
    Medical
    $17,034,726
    Retail
    $25,617,440
2430 Grove Ave, Ontario, California

Location Insight

City
Ontario
County
San Bernardino
State
California
Latitude
34.0294
Longitude
-117.63
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,145
$2,227,500
-
$2,227,500
-
-
-
-

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