This vacant, owner-user industrial warehouse, totaling 3,869 square feet, is situated in Rialto, California, at 247 S Olive Ave, 92376. Built in 1999 and extensively renovated in 2024, the property features a two-story building on a 9,000 square foot lot (APN: 0130-301-05). The asking price is $1,100,000, translating to $284.31 per square foot. The warehouse boasts a 17-foot ceiling height, three 12'x14' loading docks equipped with security bars, and climate control. The property includes 744 square feet of renovated office/lobby space, a remodeled ground-floor restroom, and 220V power and water lines within the warehouse. Exterior improvements include a newly resurfaced and striped lot with eight parking stalls (one handicapped accessible), a secure fenced yard with camera surveillance and a trash enclosure. Two entrances provide convenient access—one from Olive Ave and another from a back alley. The property is zoned for light industrial use and benefits from its proximity to major freeways (approximately 10 minutes from I-10 and 15 minutes from I-210), offering easy access to key Inland Empire locations. This turnkey property presents a unique opportunity for businesses seeking a modern, well-maintained warehouse space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,032,982
Hospitality
$946,206
Educational
$787,232
Medical
$814,306
Retail
$1,224,583
Location Insight
City
Rialto
County
San Bernardino
State
California
Latitude
34.0974
Longitude
-117.369
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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