5570 Mission BlvdOntario, CA 91762

  • Office properties
  • 1.76 AC
For Sale
$4,998,000 View listing

Property Details for 5570 Mission Blvd

Year built
1976
Construction
WOOD FRAME
Lot size
1.76 AC
Property type
Office properties
APN
1011-251-07-0000
APU
1011251070000

Description

This exceptional 76,666 square foot lot, located at 5570 W Mission Boulevard in Ontario, California, presents a rare investment opportunity. Currently configured as ample parking for large tractor-trailers, this property offers significant potential for redevelopment or repurposing. Its strategic location in San Bernardino County, zip code 91762, provides unparalleled access to key transportation infrastructure. Businesses will benefit from convenient proximity to commuter rail lines, the airport, and major freight ports, streamlining logistics and operations. The property's substantial size and prime location within a highly desirable area make it an ideal site for a variety of manufacturing or commercial ventures. This is a unique chance to acquire a large, well-situated parcel of land ready for development to suit your specific business needs. The asking price for this special purpose property is $4,998,000. The property is classified as Special Purpose, Industrial, and Land, with subtypes including Manufacturing, Commercial, and Other. This presents a unique opportunity for businesses seeking a strategic location with excellent access to transportation networks.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,094,756
    6.5%
    $17,625,928
    7%
    $16,366,934
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,998,768
    Geo Method
    $14,887,771
  • Alternative Use

    Use
    Valuation
    Residential
    $21,856,152
    Hospitality
    $20,020,118
    Educational
    $16,656,503
    Medical
    $17,229,346
    Retail
    $25,910,116

Location Insight

City
Ontario
County
San Bernardino
State
California
Latitude
34.057
Longitude
-117.684
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
$1,495
$1,938,000
$204,000
$2,142,000
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