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127 West Valley Boulevard
SOLD

Paragon Commercial Group Acquires Development Site In Rialto For $4M

127 West Valley Boulevard

Development Site
106,225 SF
clock iconSold 1 year ago
Tai Kagehiro
Elizabeth Clark
the dealplayerscompscontact
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Summary

Sale
CALIFORNIA
Development Site
106,225 sqft

A redevelopment project of a former Hometown Buffet located at 127 W Valley Blvd, Rialto, near the I-10 Freeway in the Inland Empire market, has been sold. The property is a development site with a building size of 106,225 square feet. The transaction took place on 12/07/2021.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $4,000,000
  • Address: 127 W Valley Blvd, Rialto, Inland Empire
  • Seller: Juanita Murphy & Roberta Boman
  • Buyer: Paragon Commercial Group
  • Brokers: Elizabeth Clark & Tai Kagehiro - Compass
  • Market: Rialto, Inland Empire

The property received multiple offers within the first week of being listed on the market. It was eventually sold at its list price of $4,000,000, with backup offers over asking price. This transaction was facilitated by brokers Elizabeth Clark and Tai Kagehiro from Compass.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Tai Kagehiro's profile picture
Tai Kagehiro
Compass-image
Commercial Associate
$43.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Elizabeth Clark & Tai Kagehiro DATE: 12/07/2021 ADDRESS: 127 W Valley Blvd MARKET: Rialto, Inland Empire ASSET TYPE: Development Site BUYER: Paragon Commercial Group SELLERS: Juanita Murphy & Roberta Boman BROKERS: Elizabeth Clark (@ElizabethClarkCre) & Tai Kagehiro (@Instaigram) - Compass SALE PRICE: $4,000,000 BSF: 106,225 ~ PPSF: $38 NOTE: Redevelopment project of a former Hometown Buffet at the corner of Valley Blvd and Riverside Ave in Rialto near the I-10 Freeway. Received multiple offers within the first week of hitting the market. Sold at list price with backup offers over asking.

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Address127 West Valley Boulevard

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