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Building Details

Building Size 2,222 SF

Year Built 2006

Units 22

Listing Agency: Realty ONE Group Empire

Listed By: NANETTE MURPHY · License #01088214 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Oct 12 Last Checked: Oct 15 at 2:06AM

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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 Realty ONE Group Empire

Investment Insights

Based on property information with market context.

An industrial property located at 12221 Poplar St #17, Oak Hills, CA 92344 is available for sale. The list price is $475,000.

Key Highlights

• Year Built: 2006

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,247

Cap Rate

3.84%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$364,940 $364.9K

Cap Rate 7%

$260,671 $260.7K

Cap Rate 9%

$202,744 $202.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,222 SF

Gross rent

$27.7K $12.48/SF

− Vacancy

−$1.7K −$0.75/SF

EGI

$26.1K $11.73/SF

− OpEx

−$7.8K −$3.52/SF

NOI

$18.2K $8.21/SF

Area

San Bernardino County, CA

Vacancy

6.00%

Lease Rate

$12.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$364,940

Cap Rate 7%

$260,671

Cap Rate 9%

$202,744

Alternative Uses

Best Use

Industrial

$260.7K

$228.1K – $304.1K (±1% cap)

NOI $18,247 @ 7.0% cap · market cap 3.84%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$468.7K

$410.1K – $546.8K (±1% cap)

NOI $32,809 @ 7.0% cap · market cap 6.91%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Storage Facility Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Explore this area Business Placement

Demographics for 92344, CA

23,166

Population

6,329

Households

3.7

Avg Household Size

34

Median Age

20%

College-Educated

83%

High-School Grad

37.6 sq mi

ZIP Area

616

Density / Sq Mi

$99,909

Median Household Income

$45,574

Median Earnings

$2,117

Median Rent

$454,100

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property available for sale in Oak Hills, CA.

Where is this industrial property located?

The property is located at 12221 Poplar St #17 Oak Hills, CA.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Year Built: 2006