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Listed by: Douglas McCauley (909) 456-3493 , David Covarrubias DRE #01941403 | MARCUS & MILLICHAP (909) 456-3400
$5,000,000
-- Bed
- -- Bath
4acres lot
0 Foothill Boulevard, Fontana, CA 92335
$5,000,000
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Land
Built in -
$-- HOA
4 acres lot
$1,250,000/acre
Description
Pleased to present the opportunity to acquire a prime 4-acre development site located at the signalized southeast corner of Foothill Boulevard (Historic Route 66) and Locust Avenue in Fontana, California.
The land is zoned R-5 (High Density Residential), in which the site permits multifamily, condominium and mixed-use development. By right, developers
can construct 159-200 units (equates to 39-50 units per acre) with a maximum height of 55 feet. Developers may further leverage California’s Density Bonus Program allowing for an additional 20 percent increase in unit count when incorporating affordable housing. Strategically positioned, the property offers excellent vi...
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
4 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26167576
MLS Status
Active
Days on Market
24
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