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
| MLS | PW26089329 |
|---|---|
| Listing Type | For Sale |
| Style | Unimprovedland |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 159 |
| Listing Provided By | Justin White | Justin White |
| Acreage | 0.29 |
|---|
| Lot Features | No Landscaping |
|---|
| Utilities | Water Not Available |
|---|
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92410 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92410) | |
Price: $180,000 low | high Med: $479,000 On site: 159 low | high Med: 270 | |
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92410 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92410) | |
Price: $180,000 low | high Med: $479,000 On site: 159 low | high Med: 270 | |