$550,000
$526,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
0.61 Acres Lot
SOLD DATE : 10/21/2024
Key Details
Sold Price $550,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24159481
Sold Date 10/21/24
HOA Y/N No
Tax Year 2023
Lot Size 0.614 Acres
Property Description
Prime Development Opportunity: Versatile Vacant Land with Unlimited Potential in Fontana**
Unlock endless possibilities with this exceptional vacant land, ideally positioned in Fontana, a city renowned for its cultural, sporting, and recreational opportunities. The city is actively encouraging mixed-use and live-work developments, making this property a perfect candidate for innovative projects. With zoning potential to be upgraded to R3, you can explore various residential, commercial, or mixed-use developments to maximize your investment.
A live-work development on this property offers significant advantages for investors. As a landlord, you can lease spaces to companies rather than individuals, ensuring more secure and stable rental income. Additionally, live-work units are in high demand, especially with major employers like Amazon nearby, creating job opportunities that attract a steady stream of tenants.
Fontana boasts numerous amenities that enhance the quality of life, including the iconic Center Stage Theater, the Art Depot, Auto Club Speedway, and 48 parks. The city also offers highly acclaimed sports and recreation facilities like the Dodgers Dreamfield, 59 sports fields, and the Pacific Electric Trail. The state-of-the-art Lewis Library and Technology Center, a landmark in the city, provides the largest collection and library space in San Bernardino County, along with computer workstations, a career center, and meeting rooms.
Education is a priority in Fontana, served by five school districts with a solid B+ overall rating. Chaffey Community College's campuses offer a wide range of general education and career advancement courses. Recognized by Best Life magazine as the 24th best place to raise a family in the U.S., Fontana has been named one of the Nation's 100 Best Communities for Young People and ranked among the Top 20 Safest Cities in the Nation.
Whether you envision a vibrant residential community, a dynamic live-work space, or a unique mixed-use development, this land offers the flexibility and potential to bring your vision to life. Don’t miss out on this rare opportunity to create something truly special in a city that’s embracing progress, innovation, and a high quality of life.
The buyer assumes full responsibility for verifying all city information, zoning regulations, square footage, and conducting due diligence. The seller and agent make no representations or warranties regarding the accuracy of these details.
Location
State CA
County San Bernardino
Area 264 - Fontana
Zoning R3
Interior
Fireplace No
Exterior
Fence None
Community Features Street Lights, Suburban, Sidewalks, Urban, Valley
View Y/N Yes
View Canyon, Hills, Mountain(s), Valley
Present Use Investment,Residential,See Remarks,Unimproved
Building
Lot Description 0-1 Unit/Acre, 2-5 Units/Acre, Corner Lot, Flag Lot, Near Public Transit, Walkstreet
Water Public
New Construction No
Others
Senior Community No
Tax ID 0240132070000
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML