New Industrial Building Under
For Sale
$50,351,151
0 Mission Blvd & Ramona Ave. Bldg 7, Montclair, CA 91763
State-of-the-art industrial building with dock-high loading doors.
Property Size187,179 SF
Lot Size8.45 Acres
Days on Market270
Property Features for 0 Mission Blvd & Ramona Ave. Bldg 7
General Information
Standard status
Active
Size
187,179 SF
Lot size
8.45 Acres
Property subtype
Industrial
Building Details
Building Size
187,179 SF
Listing Agency:
Newmark - Ontario
(909) 605-1100
Listed By:
Randy Lockhart · License #00974981
(909) 605-1100
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 22
Last Checked: Aug 24 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Ontario
Investment Insights
Based on property information with market context.
This industrial property is part of an 8-building master-planned industrial park and is currently under construction. The building features 18 dock-high loading doors, with 4,000 lb mechanical load levelers at every other door, and 2 ground-level doors. It offers a 32' clear height and a 180' secured concrete truck yard. Up to 20 trailer parking spaces are available. The building is equipped with an ESR sprinkler system. The final parcel number and address are pending city approval.
Key Highlights
- 32' clear height for optimal storage and operations.
- 18 dock high loading doors, with mechanical load levelers at every other door.
- 180' secured concrete truck yard.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,866,459
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$37,329,180
$37.3M
Cap Rate 7%
$26,663,700
$26.7M
Cap Rate 9%
$20,738,433
$20.7M
Market Conditions
NOI Build-Up for 187,179 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$2.34M $12.48/SF
− Vacancy
−$140.2K −$0.75/SF
EGI
$2.20M $11.73/SF
− OpEx
−$329.4K −$1.76/SF
NOI
$1.87M $9.97/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$37,329,180
Cap Rate 7%
$26,663,700
Cap Rate 9%
$20,738,433
Alternative Uses
Best Use
Warehouse
$26.66M
$23.33M – $31.11M
NOI $1,866,459 @ 7.0% cap · market cap 3.71%
Second Best
Industrial
$21.96M
$19.21M – $25.62M
NOI $1,537,084 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$39.48M
$34.55M – $46.06M
NOI $2,763,786 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91763, CA
37,631
Population
10,557
Households
3.6
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
5.3 sq mi
ZIP Area
7,100
Density / Sq Mi
$77,627
Median Household Income
$37,787
Median Earnings
$1,767
Median Rent
$550,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- All American Mini Storage — 711 S Mills Ave, Claremont, CA 91711
Frequently Asked Questions
What type of property is this?
Warehouse - State-of-the-art industrial building with dock-high loading doors.
Where is this warehouse located?
The property is located at 0 Mission Blvd & Ramona Ave. Bldg 7 Montclair, CA.
What is the asking price?
The asking price for this property is $50,351,151.
What are key features of this property?
This property features: 32' clear height for optimal storage and operations.; 18 dock high loading doors, with mechanical load levelers at every other door.; 180' secured concrete truck yard.
