Updated Jul 13, 2026
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
About this deal
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 , overseeing the sale of the surplus land. Broker Jack Tsai also played a significant role in facilitating this transaction.
On the Map
Development Site
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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