247 Olive AveRialto, CA 92376

  • Industrial properties
  • 3,869 SF
For Sale
$1,100,000 View listing

Property Details for 247 Olive Ave

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.21 AC
Property size (Sq ft)
3,869 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
0130-301-05-0000
APU
130301050000

Description

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
247 Olive Ave, Rialto, California

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

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
$8,327
$153,875
$530,604
$684,479
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