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Pomona

151 N Reservoir Street

About This Property

For Sale | 1.31 Acres Light Industrial Land | Pomona, CA Rare opportunity to acquire 1.31 acres of Light Industrial-zoned land in the heart of Pomona, strategically positioned for exceptional access to major transportation corridors, and regional distribution networks. Currently utilized as a trucking and equipment storage yard, the property offers immediate utility while presenting a compelling long-term redevelopment opportunity. The flexible industrial zoning accommodates a variety of permitted uses, making the site attractive to owner-users, investors, and developers seeking a well-located infill asset. Adding to its investment appeal, the property is located within the Workforce Housing Overlay District, which may allow for residential development at densities of up to 70 dwelling units per acre and four stories in height, subject to City approvals and verification. An adjacent 1.07-acre parcel with the same zoning and overlay designation can also be available for purchase at a higher price, creating a potential assemblage totaling approximately 2.38 acres. This unique combination of industrial utility and residential redevelopment potential makes the offering an exceptional value-add opportunity in one of the Inland Empire's most centrally located markets. Buyer to independently verify all zoning, land use, development standards, and entitlement possibilities. Contact us today for additional information.

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This property is located in Pomona. Want to learn more about the area?

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Listing courtesy of Rancon Real Estate

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$3,200,000

Est. Monthly Payment

$20,448/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Anthony Derrigo

Rancon Real Estate