Eric S. Chavez, CCIM Sells Development Site At 13650 3rd Street In Chino For Cash
13650 3rd Street
Building Size
—
Asset Type
Development Site
Closing
Jun 26, 2026
AI
The asset involved in this transaction is a development site located at 13650 3rd Street, Chino. The site was sold as raw land, with an all-cash transaction requiring no financing, representing a strategic opportunity for future development.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: 13650 3rd Street
- Market: Chino
- Closing Date: 06/26/2026
- Timeframe from marketing to close: 111 days
- Seller's Representative: Eric S. Chavez, CCIM - CAREBf Inc.
- Broker: Jack Tsai - EXP Realty
The transaction highlights the expertise of Eric S. Chavez, CCIM, who served as the Exclusive Listing Broker for the City of Chino Hills, overseeing the sale of the surplus land. Broker Jack Tsai also played a significant role in facilitating this transaction.
Players
Chino Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93