0 5th, San Bernardino, CA 92410
List Price: $180K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 12,780 sq ft
MLS Number: PW26089329
About This Property
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
Listing provided by: Justin White DRE #01267826 714-231-2537 thesbgbp@gmail.com, Justin White
Source: CRMLS, MLS #: PW26089329
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.