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    17897 Marygold Ave Bloomington, CA 92316

    For Sale
    $9,000,000

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

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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 Features for 17897 Marygold Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,200 SF
    Lot Size
    195,149 SF

    Building Details

    Year Built
    1983
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    San Bernardino
    State
    California
    Longitude
    -117.4141
    Latitude
    34.07377

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Inland Empire location, 4.48 acres, 40 units/acre potential.
    Where is this mixed-use property located?
    The property is located at 17897 Marygold Ave Bloomington, CA.
    What is the asking price?
    The asking price for this property is $9,000,000.
    (909) 980-6868
    Request Owner's contact information
    17897 Marygold Ave Bloomington, CA 92316
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    Bloomington, CA 92316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17897 Marygold Ave Bloomington, CA 92316
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