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13650 3rd Street

Eric S. Chavez, CCIM Sells Development Site At 13650 3rd Street In Chino For Cash
SOLDDevelopment Site

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

Eric S. Chavez, CCIM
Verified Badge

Eric S. Chavez, CCIM

CAREBf, Inc.

Broker

$39M

vol

12 deals

Broker

Chino Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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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