1717 Grand Ave Glendora, CA 91740-5436
This exceptional 0.79-acre parcel at 1717 Grand Avenue in Glendora, CA, presents a compelling investment opportunity. The property, encompassing nearly 35,000 square feet, is zoned for development under Glendora's recently approved special plan. Its previous use as a restaurant provides a solid foundation for various projects, with existing plans for a large express car wash facility readily available for inspection. These detailed plans, already submitted to the city for review, demonstrate significant pre-planning and preparation. The proposed development maintains the property's current functionality while offering substantial growth potential. A key advantage is the anticipated increase in floor area ratio (FAR) from 0.35 to 0.5, allowing for significant expansion. The zoning also offers favorable parking ratios of 1:250 for offices and shops, and 1:200 for medical facilities. This property is priced at $2,999,000. Prospective buyers are strongly encouraged to independently verify all zoning regulations and laws with the city of Glendora to ensure complete compliance and a smooth development process. This is a rare chance to acquire a well-positioned property in a thriving area, ready for immediate development. The existing plans offer a clear path forward, minimizing potential delays and maximizing return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GDC3 · Glendora, CAGlendora. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.