169 Mindanao StBloomington, CA 92316

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

Industrial properties

Property subtype

Loft space

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.

• CAP approach

  CAP return

  Valuation

  6%

  $9,822,900

  6.5%

  $9,067,290

  7%

  $8,419,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,898,880

  Geo Method

  $10,676,200

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $4,706,120

  Mixed-Use / Specialty

  $4,733,830

  Hospitality / Lodging

  $3,530,980

  Office

  $4,752,040

  Institutional / Educational

  $4,937,170

  Residential Income

  $5,776,490

  Multifamily

  $6,681,380

  Automotive / Energy

  $4,231,860

  Parking / Income-Based Land

  $1,416,410

  Restaurant / Food Service

  $2,557,040

  Healthcare / Senior Housing

  $4,808,830

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

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