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11205 Cedar Ave - Vacant Land 5 Acres of Residential Land Offered at $5,466,358 CAD in Bloomington, CA 92316
Investment Highlights
- Large ±217,800 SF lot
- Located on main thoroughfare, Cedar Ave
- Across the street from Bloomington Commerce Center
- Very close to the 10 Freeway
Executive Summary
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Property Facts Under Contract
| Price | $5,466,358 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Total Lot Size | 5.00 AC | |
| No. Lots | 1 | No. Stories | 2 |
| Zoning | BL/RS-1-AA | ||
| Price | $5,466,358 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 5.00 AC |
| No. Stories | 2 |
| Zoning | BL/RS-1-AA |
1 Lot Available
Lot
| Price | $5,466,358 CAD | Lot Size | 5.00 AC |
| Price Per AC | $1,093,271.67 CAD |
| Price | $5,466,358 CAD |
| Price Per AC | $1,093,271.67 CAD |
| Lot Size | 5.00 AC |
Avison Young is pleased to present a 5 acre land site located at 11205 Cedar Avenue in Bloomington, California. The parcel is located in the BL/RS-1-AA (Bloomington Community /Single Family Residential – 1 acre minimum – Additional Agriculture).
Description
The parcel is located in the BL/RS-1-AA (Bloomington Community / Single Family Residential – 1 acre minimum – Additional Agriculture). The RS (Residential) land use zoning district provides sites for single-family residential uses, incidental agricultural and recreational uses, and similar and compatible uses. Please see CHAPTER 82.04: RESIDENTIAL LAND USE ZONING DISTRICTS (amlegal.com) for potential uses in the Valley Region of the RS zone and development standards. As well as CHAPTER 82.07: ADDITIONAL AGRICULTURE (AA) OVERLAY (amlegal.com) for information on the Agricultural Overlay.The site has a residental home (boarded up) that requires extensive remodeling. The property was also improved and previously used as a trucking terminal and parking lot. The operation for the truck terminal is not an allowed use per the zoning. On May 2, 2024 a stipulated judgement was placed against the property pertaining to allowable uses. See link to review stipulated judgement.
Property Taxes
| Parcel Number | 0257-101-10 | Improvements Assessment | $1,955,940 CAD |
| Land Assessment | $7,522,850 CAD | Total Assessment | $9,478,789 CAD |
Property Taxes
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11205 Cedar Ave - Vacant Land
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