2430 S Grove Ave Ontario, CA 91761
For Sale
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.
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.