Active
18045 Foothill Boulevard
Fontana CA, 92335
$3,985,000
$45.97 per sqft
Active
1.99 Acres
Land
Listed by Jennie Leung with Keller Williams Signature Realty 909-322-4350
R5-zoned (High Density Residential) opportunity on a 1.99 acre, rectangular, level lot with wide frontage along historic Route 66 (Foothill Blvd). Parcels can be sold separately (0246-231-14,0246-231-15). This prime property offers the potential to develop 77 to 99 residential units in the fast-growing city of Fontana. In 2023, the City of Fontana amended its Form-Based Code, focusing on multi-family housing and mixed-use development as part of the State's SB2 Grant and Downtown Core Project. Fontana is expected to grow by an estimated 10,000 new residents by 2025, positioning this property as an ideal site for future development. Strategically located at the crossroads of major trade routes, the property's role as a hub for supply chains makes it a vital part of the Inland Empire, offering excellent access for commuters and businesses alike. Bordering Rancho Cucamonga, Ontario, and Rialto, the property is near major freeways, including SR-210, I-10, and I-15. Adjacent to the property, the Rock of Salvation Church, Fontana's newest place of public assembly, is set to transform a portion of the street between Laurel and Locust, enhancing the vibrancy of the area. Nearby Future Site of High-Speed Train to Las Vegas. High-density housing projects are actively being developed nearby, with several developers already applying for permits, demonstrating strong growth and demand for residential opportunities. Additionally, commercial development is booming, further solidifying the area's appeal as a hub for both residential and business expansion. Fontana's commitment to long-term growth is reflected in its robust infrastructure improvements, including the Bob Weddle Capital Improvement Program, the South Fontana Recycled Water Project, and multiple parks planned for construction near the property. Situated close to major retail hubs like Victoria Gardens, Ontario Mills, and newly opened grocery stores (Amazon Fresh, Grocery Outlet, and more), as well as Kaiser Permanente Medical Center and Ontario International Airport, this property is ideal for high-density residential development. The location also provides easy access to major employment centers, including Amazon, Target, UPS, and other distribution hubs, making it a highly desirable investment. Check with the city for Density Bonus Program.
TR24198675
MLSⓇ ID
September 25, 2024
Listed
November 22, 2024
Updated
Map
18045 Foothill Boulevard
Fontana CA, 92335
Exterior/Building Features
Lot Size
1.99 Acres
Lot Features
Street Level
Other Property Details
Area Name
264 - Fontana
Days on Market
29
Garage
No
View
No
View Description
None
County
San Bernardino
Water Source
None
Pool
No
Zoning
R5
Listing Contact: 626-964-5500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 11/22/2024 at 7:34 PM UTC