0 Vineyard Ave - 0 Vineyard Avenue 56.31 Acres of Residential Land Offered at $112,620,000 in Ontario, CA 91761
INVESTMENT HIGHLIGHTS
- ±56.49 acres of flat, developable land in Ontario, CA
- Located near the future 200-acre Ontario Sports Empire
- Utilities/infrastructure expected with adjacent city development
- City supportive of residential entitlements (MDR-18 potential)
- Seller offering long escrow to assist with approvals
EXECUTIVE SUMMARY
The seller is offering favorable terms, including a long escrow period to support entitlement, permitting, and city approvals. This structure provides developers flexibility and significantly reduces carrying costs during the planning phase.
With a strong market, population growth, and city investment in infrastructure, this opportunity is ideal for forward-thinking developers and investors.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $112,620,000 |
| Price Per AC | $2,000,000.00 |
| Lot Size | 56.31 AC |
±56.49 acres of flat land at Vineyard & Schaefer in Ontario, CA divided between six parcels. Utilities/infrastructure are not yet on-site but will be accessible due to major city-backed development in the area.
DESCRIPTION
This ±56.49-acre property is located at the southeast corner of Vineyard and Schaefer Avenues in Ontario, CA—an area experiencing rapid growth and significant city-backed development, including the future Ontario Sports Empire. The site consists of six contiguous parcels and is currently unentitled, but the City of Ontario has expressed strong interest in seeing residential development here. Planning consistent with a Medium Density Residential overlay (MDR-18) could allow up to 18 dwelling units per acre, subject to city approval. The land is flat and well-configured, with utilities and infrastructure expected to become accessible as surrounding development progresses. Its location offers easy access to major transportation routes, Ontario International Airport, and nearby commercial and industrial centers.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $667,964 | Total Assessment | $667,964 |
