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8847 Schaefer Ave
Ontario, CA 91761 Ontario

$45,900,000 USD

Land For Sale  •  22.95 AC

Property Details

  • Property Type Land
  • Lot Size 22.95 AC
  • Zoning High Density Residential
0 Transit Score
1 Walk Score

Description

High-density residential development opportunity in Ontario, CA. The ±22.95-acre offering consists of two contiguous parcels that have recently been rezoned for High Density Residential, allowing for multifamily development at significantly higher densities than surrounding legacy zoning.

The Property is strategically located adjacent to a larger ±56.49-acre residential and mixed-use development site that is zoned for a combination of high-density residential, medium-density residential, and neighborhood commercial, creating a strong opportunity for coordinated or phased development within a growing residential corridor.

The site benefits from proximity to the planned 200-acre Ontario Sports Empire, regional infrastructure investment, and continued population and employment growth in the City of Ontario. The recent rezoning positions the Property well for apartment, stacked flat, or other high-density residential concepts, subject to final site design and City approvals.

This offering is well suited for developers seeking a standalone high-density multifamily project or those looking to secure a strategic component of a larger assemblage with long-term upside.

Public Transportation

Commuter RailDriveWalkDistance
East Ontario (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.3 mi
Ontario Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 10 min - 6.3 mi
AirportDriveWalkDistance
Ontario International 12 min - 6.5 mi
John Wayne/Orange County 45 min - 34.8 mi
Cameron Cox 760-985-0527 MGR Real Estate
Cameron Cox 760-985-0527 MGR Real Estate