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5TH North E St
San Bernardino, CA 92410
Land For Sale
·
0.29 AC
Executive Summary
Location Advantages
- Located within a designated Opportunity Zone, offering potential tax advantages including capital gains deferral and long-term tax benefits, which may enhance overall project returns for investors and developers
- Less than 1.5 miles from San Bernardino International Airport, a major employment and logistics hub driving daytime population growth and increased demand for nearby retail and service uses
Redevelopment & Market Activity
- The former 900,000-SF Carousel Mall was demolished in late 2023, and the site is slated for a large-scale mixed-use redevelopment featuring approximately 2,000–3,500 residential units, along with complementary retail and office components.
- Significant redevelopment is reshaping the surrounding area and submarket landscape
Market Context
- Median household income remains below the Inland Empire average, supporting demand for affordable retail and service-oriented uses.
- Suitable for developers seeking early-entry land in a growing redevelopment corridor
- Located within a designated Opportunity Zone, offering potential tax advantages including capital gains deferral and long-term tax benefits, which may enhance overall project returns for investors and developers
- Less than 1.5 miles from San Bernardino International Airport, a major employment and logistics hub driving daytime population growth and increased demand for nearby retail and service uses
Redevelopment & Market Activity
- The former 900,000-SF Carousel Mall was demolished in late 2023, and the site is slated for a large-scale mixed-use redevelopment featuring approximately 2,000–3,500 residential units, along with complementary retail and office components.
- Significant redevelopment is reshaping the surrounding area and submarket landscape
Market Context
- Median household income remains below the Inland Empire average, supporting demand for affordable retail and service-oriented uses.
- Suitable for developers seeking early-entry land in a growing redevelopment corridor
Property Facts
1 Lot Available
Lot
| Price | $247,469 CAD | Lot Size | 0.29 AC |
| Price Per AC | $853,342.76 CAD |
| Price | $247,469 CAD |
| Price Per AC | $853,342.76 CAD |
| Lot Size | 0.29 AC |
Property Taxes
| Parcel Number | 0279-082-29 | Improvements Assessment | $0 CAD |
| Land Assessment | $16,168 CAD | Total Assessment | $16,168 CAD |
Property Taxes
Parcel Number
0279-082-29
Land Assessment
$16,168 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,168 CAD
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