Multifamily, Commercial, or Mixed Use Development Opportunity

Highlights:

• Prime Location with High Visibility: Positioned along Valley Blvd with easy access to the I-10 Freeway, this 3.91-acre parcel offers excellent regional connectivity and visibility, making it an ideal site for multifamily, commercial, or mixed-use development.
• Flexible Zoning: The property is zoned VC/MU (Valley Corridor/Mixed-Use), allowing for up to 40 dwelling units per acre and a 2.00 FAR, offering developers flexibility to create residential, retail, or mixed-use projects that meet market demand.
• Proximity to Major Employers and Amenities: The site is minutes from Kaiser Permanente, Amazon, UPS, and major retail centers, while also being adjacent to the newly constructed Bloomington Public Library. This location benefits from a dense trade area with nearly 400,000 residents within 5 miles, ensuring a strong market for development.
• Strong Market Demand: The Bloomington area's real estate market is experiencing significant growth, fueled by a rising population and increasing demand for residential, commercial, and mixed-use developments. The property's proximity to key employers, healthcare facilities, and retail centers further supports this growing demand, positioning it as an attractive development opportunity within a high-demand market.
• Stable Leasing and Income Potential: The site's strategic location along Valley Blvd and access to the I-10 Freeway provides a strong foundation for potential income generation. With its zoning for mixed-use development, the property offers long-term leasing potential, catering to a range of commercial and residential tenants. The demand for residential and commercial spaces in the rapidly expanding Bloomington market ensures that development on this property will provide stable, long-term income.

Description:

Graystone Capital Advisors is pleased to present the opportunity to acquire ±3.91 acres of mixed-use development land at 18150 Valley Blvd in Bloomington, CA. Strategically positioned along Valley Blvd just off the I-10 freeway, the site lies within the heart of Bloomington's Valley Corridor, a key redevelopment area targeted for high-density residential, commercial, and mixed-use growth under the Valley Corridor Specific Plan.

Zoned VC/MU (Valley Corridor/Mixed-Use), the property offers exceptional flexibility with permitted densities of up to 40 dwelling units per acre and a 2.00 FAR for commercial uses. Building heights of 35-60 feet are supported depending on project design and use, making the site well-suited for residential, retail, or integrated mixeduse development.

Surrounded by major employers, retail centers, schools, and public infrastructure, the property sits adjacent to the newly constructed Bloomington Branch Public Library and is just minutes from Kaiser Permanente-Fontana, Amazon, UPS, and other major distribution centers. The area features national tenants such as Target, In-N-Out, Starbucks, and Food 4 Less, drawing from a population of nearly 400,000 residents within a 5-mile radius.

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