17897 Marygold Ave Bloomington Bloomington, CA 92316
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.