Listed by Centennial Advisers
$400,000
Commercial Land | San Bernardino | Near Large Event Centers
Details
APN 0279-112-01-0000
Property Type Land
Sub Type Commercial
Acreage 0.450
Zoning CG - Commercial General
Land | 0.45 acres
Marketing description
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
Listing Contacts
Listed by Centennial Advisers
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