The Ronald & Kristine Pietersma Family Trust Sells 8.16 Acre Development Site In Ontario For $14M | 14437 Euclid Avenue | Eric Chavez | Development Site | Sale

Summary

Sale

CALIFORNIA

Development Site

355,449 sqft

An 8.16-acre unentitled development site located at 14437 Euclid Ave. in Ontario, CA has been sold for a total price of $14,000,000. The seller of the property is The Ronald & Kristine Pietersma Family Trust. The transaction was facilitated by Eric S. Chavez, CCIM from Chavez & Associates REBF Inc.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $14,000,000
Address: 14437 Euclid Ave., Ontario, CA
Market: Ontario

The property was sold at a price of $1,715,686.27 per acre ($39.39 per square foot), with a total escrow period of 45 days. The building square footage (BSF) of the development site is 355,449 and the price per buildable square foot (PPBSF) is $39.

Chavez & Associates REBF Inc., located in Downtown Los Angeles, provided commercial real estate, property management, and construction services for this transaction. They can be reached at D (213) 996-8578 or C (213) 999-0073. For more information, you can visit their website at ca-rebf.com.

Players

All
1

Agents
1

Eric Chavez

President

$31.9M Sold

Details

Deal Summary

SOLD

IMAGE: Eric S. Chavez DATE: 11/10/2021 ADDRESS: 14437 Euclid Ave. MARKET: Ontario ASSET TYPE: Development Site SELLER: The Ronald & Kristine Pietersma Family Trust BROKER: Eric S. Chavez, CCIM (@EricSC888) - Chavez & Associates REBF Inc. (@Carebf_Inc) SALE PRICE: $14,000,000 BSF: 355,449 ~ PPBSF: $39 NOTE: 8.16 acres of unentitled land Sold for $1,715,686.27 per acre ($39.39 PSF), total escrow period 45 days! CHAVEZ & ASSOCIATES REBF, INC. provides commercial real estate, property management & constriction services. We service the Greater Los Angeles area & are centrally located in Downtown Los Angeles - US Bank Tower at 633 West 5th Street, Floor 26th , Los Angeles, California, 90071-2053. You can reach us for consultation at D (213) 996-8578. C (213) 999-0073. Email [email protected] or visit us at ca-rebf.com CA DRE CORP Lic. 01928538. CSLB Lic. 1051178, d.b.a's CAREBF MGR & CAREBF Builder Services, “Focus On Building Communities & Neighborhoods, Not Projects & Developments.”

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Address14437 Euclid Avenue

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