170 Mindanao StBloomington, CA 92316

Property Details for 170 Mindanao St

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.64 AC

Property size (Sq ft)

14,294 SF

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

0258-191-05-0000

APU

258191050000

Description

This exceptional 15,763-square-foot industrial property, located at 170 W Mindanao St, Bloomington, CA 92316, presents a compelling investment opportunity. Situated on a 0.64-acre lot, this warehouse and manufacturing facility boasts a Heavy Industrial (H-ID) zoning designation under the Agua Mansa Specific Plan. Built in 1990, the building features a spacious layout with 13,763 square feet dedicated to industrial use and an additional 2,000 square feet of office space. The office area includes three private offices, a reception area, a bullpen, a coffee bar, and a restroom. The warehouse itself offers significant advantages, including two 12' x 14' drive-in doors and two similarly sized truck well doors, ensuring efficient loading and unloading. Ceiling heights range from a minimum of 17'9" to a maximum of 18'11", providing ample vertical space for various operations. The property is fully fenced and equipped with robust electrical service: 600 Amps, 120/240 Volts, and 3-phase power. Additional features include floor drains, a three-stage clarifier, and a one-inch gas line to the building. The asking price is $3,585,000. Available February 1, 2025. APN: 0258-191-05-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $4,246,772

  6.5%

  $3,920,097

  7%

  $3,640,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,578,158

  Geo Method

  $7,798,142

• Alternative Use

  Use

  Valuation

  Residential

  $3,920,097

  Hospitality

  $3,590,788

  Educational

  $2,987,493

  Medical

  $3,090,238

  Retail

  $4,647,212

Location Insight

City

Bloomington

County

San Bernardino

State

California

Latitude

34.0604

Longitude

-117.372

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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