Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15114 Washington Dr Fontana, CA 92335

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $899,000

    Corner lot zoned for light industrial use in Fontana.

    Lot size:
    0.44 Acres

    Property Features for 15114 Washington Dr

    General Information

    Property type
    Industrial
    Standard status
    Active
    Lot size
    0.44 Acres

    Building Details

    Year built
    1945

    We can help!

    Listing Contact
    Benjamin Hartnell
    Benjamin Hartnell
    Source: Elliman

    Listing Agency: Yucaipa Valley Real Estate Listing Agent: Benjamin Hartnell

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

    Learn more

    Property Insight Report

    Overview

    Fontana Industrial Corner Lot

    This property features a corner lot spanning just under a half acre. It is zoned for light industrial use (M-1). The immediate vicinity includes service centers for semi trucks. Permitted uses should be verified with the City.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Building Supply Gym & Fitness Center Accounting Firm Big Box & Wholesale Store Kitchen & Bath Showroom Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Fontana
    County
    San Bernardino
    State
    California
    Longitude
    -117.4753336
    Latitude
    34.067553

    Nearby Similar for Sale

    • New
      $899,000
      3,474 SF

      Fontana Multi-Unit Residence

      Two houses on a large lot, ideal for investors.
      9257 Palmetto Ave, Fontana, CA 92335
      View Details
    • New
      $1,699,000
      4,905 SF

      Turnkey Quadruplex with ADU Potential

      Rare investment opportunity: four updated structures on a large lot.
      9614 Cypress Ave, Fontana, CA 92335
      View Details
    • $1,125,000
      3,020 SF

      Fontana Quadplex: Investment Opportunity

      Four-unit property in Fontana with income potential.
      16929 Reed St, Fontana, CA 92336
      View Details
    • $989,999
      1,656 SF

      Fontana Commercial Property with Business

      Commercial property with radiator business included in the heart of Fontana.
      17635 Arrow Blvd, Fontana, CA 92335
      View Details
    • $799,000
      1,571 SF

      Turnkey Duplex with ADU Potential

      Remodeled duplex on a large lot with income potential.
      16748 Athol 16744, Fontana, CA 92335
      View Details
    • New
      $699,000
      1,048 SF

      Fontana Duplex on Large Lot

      Turnkey duplex on almost 20,000 SF lot in Fontana.
      9023 Olive St, Fontana, CA 92335
      View Details
    • $599,000

      Fontana Commercial Building For Sale

      Single-story commercial building with office spaces, centrally located in Fontana.
      8312 Juniper Ave, Fontana, CA 92335
      View Details
    • $2,900,000
      4,464 SF

      Fontana Church and Event Facility

      Adaptable multi-purpose facility suited for community events and institutional use.
      9391 Cypress Ave, Fontana, CA 92335
      View Details
    • $3,750,000
      2,141 SF

      Fontana Industrial Property For Sale

      Industrial property in San Bernardino County, perfect for investors.
      10881 Oleander Ave, Fontana, CA 92337
      View Details
    • $989,999

      Fontana Automotive Radiator Business Opportunity

      Commercial property with established radiator business for sale in Fontana.
      17635 Arrow Blvd, Fontana, CA 92335
      View Details
    • $599,000

      Fontana Commercial Building For Sale

      Centrally located commercial building with office spaces and parking.
      8312 Juniper Ave, Fontana, CA 92335
      View Details
    • $6,850,000
      988 SF

      Fontana Industrial Property with Truck Docks

      Industrial property in Fontana, CA, with truck docks and ample power.
      14619 Merrill 14619, Fontana, CA 92335
      View Details

    FAQs

    What type of property is this?
    Industrial land - Corner lot zoned for light industrial use in Fontana.
    Where is this industrial land located?
    The property is located at 15114 Washington Dr Fontana, CA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Large corner lot, just under half an acre; - Zoned light industrial (M-1); - Located near semi-truck service centers
    (909) 725-3121
    Request Owner's contact information
    15114 Washington Dr Fontana, CA 92335
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15114 Washington Dr
    Fontana, CA 92335
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    15114 Washington Dr Fontana, CA 92335
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Benjamin Hartnell
    Benjamin Hartnell
    Real Estate License ID: 01466076
    (909) 725-3121 (909) 790-1913 (909) 793-3346
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!