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    508 S Palmetto Ave Ontario, CA 91762

    For Lease
    $1.25 SF/Yr ($5,290 /Mo)

    High-image industrial building with two-story offices and secured truck court.

    Property size:
    50,785 SF
    Lot size:
    2.09 Acres

    Property Features for 508 S Palmetto Ave

    General Information

    Size
    50,785 SF
    Lot size
    2.09 Acres

    Source: Newmark - Ontario Agent Randy Lockhart

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Industrial Building For Lease

    This freestanding industrial building offers a high-image environment. Constructed in 2020, the property includes approximately 3,460 square feet of two-story office space. The warehouse area features a clear height ranging from 35 to 40 feet, averaging 37 feet. The property has four dock-high doors and a fully secured 139-foot concrete truck court. Racking and material handling equipment are available for purchase. The total property size is 50,785 square feet. A lease with an option to purchase is possible after three years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Westin Furniture Furniture Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Storage Container.com, Mountain Avenue Self Storage, Trojan Storage of West Ontario, AAA All American Self Storage, Curtis Movers

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.660728
    Latitude
    34.070285

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    FAQs

    What type of property is this?
    Warehouse - High-image industrial building with two-story offices and secured truck court.
    Where is this warehouse located?
    The property is located at 508 S Palmetto Ave Ontario, CA.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    What are key features of this property?
    This property features: - High image free standing industrial building; - **35'-40' Clear Height (37' Avg) - 33% More Capacity**; - Fully secured 139' concrete truck court
    (909) 974-4067
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    508 S Palmetto Ave Ontario, CA 91762
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    Ontario, CA 91762
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 S Palmetto Ave Ontario, CA 91762
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