10601 Oak Glen AveMontclair, CA 91763

Property Details for 10601 Oak Glen Ave

Year built

2020

Lot size

0.90 AC

Property type

Warehouses

Property subtype

Self storage facilities

APN

1012-021-54-0000

APU

1012021540000

Description

This exceptional 11,300-square-foot warehouse, constructed in 2020, presents a rare opportunity for single-tenant occupancy. Located at 10601 Oak Glen Ave, the property boasts a substantial 39,000-square-foot lot, providing ample space for storage, expansion, or future development. The building features a desirable 24-foot ceiling height, ideal for various industrial uses and maximizing vertical storage capacity. Two convenient drive-in doors ensure efficient loading and unloading operations. The property is equipped with robust 400-amp power, accommodating significant energy demands. The M1 zoning designation offers flexibility for a range of industrial and manufacturing activities. This newly developed warehouse is a highly sought-after asset, offering a combination of modern construction, generous space, and strategic location. The single-tenant occupancy ensures ease of management and control, making it an attractive investment for businesses seeking a functional and efficient workspace. Don't miss this chance to secure a prime industrial property in a competitive market. The combination of size, modern amenities, and ample land makes this an exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $21,105,400

  6.5%

  $19,481,900

  7%

  $18,090,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,580,000

  Geo Method

  $12,117,500

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $10,092,900

  Mixed-Use / Specialty

  $10,137,800

  Hospitality / Lodging

  $7,543,100

  Office

  $10,161,800

  Institutional / Educational

  $10,568,100

  Residential Income

  $12,364,700

  Multifamily

  $14,381,100

  Automotive / Energy

  $9,058,390

  Parking / Income-Based Land

  $3,046,010

  Restaurant / Food Service

  $5,445,390

  Healthcare / Senior Housing

  $10,313,100

Location Insight

City

Montclair

County

San Bernardino

State

California

Latitude

34.0615

Longitude

-117.716

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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