14589 Ramona AveChino, CA 91710

Property Details for 14589 Ramona Ave

Year built

2008

Construction

WOOD FRAME

Lot size

1.56 AC

Property size (Sq ft)

11,492 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1025-132-11-0000

APU

1025132110000

Description

This exceptional turnkey office space in Chino, CA, presents a unique opportunity for immediate occupancy. Priced at $150,000, the sale includes the existing build-out, most furniture, and high-end equipment. The space boasts an open concept design, perfect for fostering collaboration and productivity. Three private ROOM brand phone booths and a four-person private conference room are included, representing a significant value addition (estimated $40,000). The sophisticated aesthetic is highlighted by designer lighting and furnishings, with only a few personal items and select furniture pieces being removed by the current occupant. The current lease agreement extends to 2025, with a five-year renewal option already in place, providing long-term stability and predictability. This is an exceptional opportunity to acquire a move-in ready, stylish, and well-equipped office space in a desirable Chino location without the hassle and expense of a complete build-out. The building itself is not included in the sale

• CAP approach

  CAP return

  Valuation

  6%

  $4,207,502

  6.5%

  $3,883,847

  7%

  $3,606,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,910,159

  Geo Method

  $8,344,738

• Alternative Use

  Use

  Valuation

  Residential

  $3,276,170

  Hospitality

  $3,000,954

  Educational

  $2,496,759

  Medical

  $2,582,626

  Retail

  $3,883,847

Location Insight

City

Chino

County

San Bernardino

State

California

Latitude

33.9884

Longitude

-117.706

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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