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Faits saillants de l'investissement

  • Auto Dealership development has been approved for this site
  • Flexible MUOD/C-3A zoning supports mixed-use and commercial development.
  • Central location near retail, neighborhoods, and major east-west routes.
  • High-visibility site along a major Covina corridor with strong daily traffic.
  • One of the last large developable parcels available on Citrus Ave.
  • Strong positioning for retail, residential, or integrated mixed-use concepts.

Résumé de l'annonce

This ±2.05-acre development opportunity at 345 S Citrus Ave offers one of the final large parcels available along a key Covina corridor. Positioned within the MUOD/C-3A zoning district, the property supports a wide range of mixed-use and commercial development possibilities, allowing buyers flexibility to shape a project that aligns with Covina’s evolving demand. The site benefits from excellent visibility and strong traffic volumes of approximately 24,275 vehicles per day, enhancing its suitability for retail, residential, or hybrid concepts. Located near established commercial nodes and major east-west connections, the parcel provides immediate access to amenities and a strong consumer base. As one of the last significant development sites along Citrus Ave, this property presents a rare chance for investors, developers, and owner-users to secure a strategically positioned asset within a mature and supply-constrained market.

Faits sur la propriété

Prix 9 222 751 $ CAD
Type de vente Investissement
Condition de vente Projet de redéveloppement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée
Commercial
  • Concessionnaire automobile
Taille totale du lot 2,05 AC
Zonage CVTCC*

1 Lot disponible

Lot

Prix 9 222 751 $ CAD
Prix par AC 4 498 903,09 $ CAD
Taille du lot 2,05 AC

A ±2.05-acre mixed-use/commercial development site on Citrus Ave with MUOD/C-3A zoning and strong frontage near major Covina thoroughfares. Auto Dealership development has been approved for this site.

Description

The ±2.05-acre parcel at 345 S Citrus Ave in Covina represents a unique land offering positioned within a well-traveled, centrally located corridor. MUOD/C-3A zoning allows for a diverse blend of mixed-use and commercial possibilities, making the site suitable for retail, multifamily, office, or integrated community-focused projects. Surrounded by established neighborhoods, commercial centers, and major arterials, the property sits within an active and accessible environment frequented by both local residents and regional commuters. The site benefits from strong daily traffic counts and close proximity to essential roadways connecting Covina to the greater San Gabriel Valley. Its size, visibility, and flexible zoning make it attractive for developers seeking a scalable infill opportunity with meaningful long-term potential. As one of the last major developable parcels in the immediate area, it offers a valuable chance to deliver a high-impact project within a desirable and supply-limited market.

Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun relativement accessibles
40/100
Plutôt praticable en vélo
40/100

Impôts fonciers

Impôts fonciers

Numéro de lot
8444-009-010
Évaluation du terrain
5 204 355 $ CAD
Évaluation des bâtiments
148 694 $ CAD
Évaluation totale
5 353 049 $ CAD
  • ID d’inscription: 32201518

  • Date de mise sur le marché: 2024-06-20

  • Dernière mise à jour:

  • Adresse: 345 Citrus Ave, Covina, CA 91723

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