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Property profile & analytics
FOR SALE
Commercial land

2430 S Grove Ave Ontario, CA 91761

1.74 ac lot
Entity Owned 19-yr Hold Free & Clear
Property ID
US10-1010048
2430 S Grove Ave, Ontario, CA 91761 For Sale
$2,350,000
2430 S Grove Ave, Ontario, CA 91761
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Property summary
AI-generated overview

This exceptional 1.74-acre commercial land parcel presents a rare opportunity for development in Ontario, California. Located directly off the highly trafficked 60 Freeway (with over 227,000 cars passing daily), this property boasts unparalleled visibility and accessibility. Zoned CN, it allows for a variety of retail and medical uses, making it ideal for a wide range of businesses. The site is part of the established Grove Plaza regional center, a 123,000 square foot development anchored by CVS and 99¢ Only Stores, providing strong co-tenancy and shared access to ample parking. The property's location on S. Grove Ave. ensures easy access for customers and employees. Development potential includes a building of up to 19,000 square feet. Offered at $2,350,000 fee simple. This is a unique chance to capitalize on a high-traffic location within a thriving commercial center. Don't miss this opportunity to secure a prime piece of real estate in a rapidly growing area. The property offers reciprocal access and parking within Grove Plaza.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.74 ac (75,800 SF)
APN 1051-171-41-0000
UPID US10-1010048
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Opt Grove Ont LLC · 19 yrs held
Opt Grove Ont LLC
since 2007
6 recorded transactions
2007
Price N/A
2007
Price N/A
2006
Price N/A
1996
$1,000
1990
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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