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    17897 Marygold Ave Bloomington, CA 92316

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    17897 Marygold Ave Bloomington, CA 92316


    • Investment properties
    • 1,693 SF
    • 4.48 lot acres
    Bloomington Multifamily Development Opportunity For Sale
    $610,000
    1,200 SF

    Bloomington Multifamily Development Opportunity

    Multifamily or mixed-use development opportunity in Bloomington, California.

    17897 Marygold Ave, Bloomington, CA 92316
    View Listing
    Property ID
    US10-1179996
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    2.7%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 17897 Marygold Ave

    Year built
    1983
    Construction
    FRAME
    Lot size
    4.48 lot acres
    Property size
    1,693 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0252-051-66-0000
    APU
    252051660000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $500,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $822,000
      Market price range: $414k - $822k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $580,000
      Current use
      OFFICE BUILDING
      $735,000
      Change: +26% Conversion: Easy
      AUTO REPAIR, GARAGE
      $515,000
      Change: -12% Conversion: Difficult
      MEDICAL BUILDING
      $490,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    San Bernardino
    State
    California
    Longitude
    -117.414
    Latitude
    34.073
    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
    $37,849
    $3,011,902
    $101,773
    $3,113,675
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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