169 Mindanao StBloomington, CA 92316

  • Mixed-use properties
  • 18,958 SF
For Sale
$4,913,601 View listing

Property Details for 169 Mindanao St

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.81 AC
Property size (Sq ft)
18,958 SF
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
0258-191-06-0000
APU
258191060000

Description

This exceptional 20,559-square-foot industrial warehouse, located at 169 W Mindanao St, Rialto, CA 92316, presents a compelling investment opportunity. Built in 1990, this property sits on a 0.81-acre lot and offers 18,759 square feet of net rentable space, complemented by 1,800 square feet of office space. The warehouse boasts a range of desirable features, including 2 loading docks, 2 dock-high doors, and a ceiling height ranging from 18 to 20 feet. The property includes 20 parking spaces and is fully fenced and paved, ensuring security and ease of access. The building is equipped with a sprinkler system and features 800 amp, 277/480-volt, 3-phase power. Internal office space includes a reception area, five private offices, two restrooms, and a coffee bar. The property's zoning is Agua Mansa Specific Plan (verification recommended). This well-maintained warehouse is ideal for manufacturing and distribution, offering immediate occupancy. The property's features, combined with its strategic location in Rialto, California, make it an attractive investment prospect. The APN is 0258-191-06-0000. The asking price is $4,913,601.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,632,564
    6.5%
    $5,199,289
    7%
    $4,827,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,745,792
    Geo Method
    $10,342,603
  • Alternative Use

    Use
    Valuation
    Residential
    $5,199,289
    Hospitality
    $4,762,521
    Educational
    $3,962,362
    Medical
    $4,098,633
    Retail
    $6,163,674
169 Mindanao St, Bloomington, California

Location Insight

City
Bloomington
County
San Bernardino
State
California
Latitude
34.0598
Longitude
-117.372
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,842
$291,085
$1,348,826
$1,639,911
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