Rialto Office Building with
247 S Riverside Rialto, CA 92376
For Sale
$3,500,000
21,200 SF office building with 11,000 SF basement.
Property Size21,200 SF
Lot Size0.24 Acres
Price / SF$165.09
Days on Market95
Property Features for 247 S Riverside
General Information
Standard status
Active
Size
21,200 SF
Lot size
0.24 Acres
Property subtype
Commercial
Building Details
Year Built
1977
Listing Agency:
CALIFORNIA HOME SERVICES
(909) 268-6440
Listed By:
JORGE VITERI · License #01739762
(909) 268-6440
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 8:38AM
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 CALIFORNIA HOME SERVICES
Investment Insights
Based on property information with market context.
The property features a total building area of 21,200 square feet, which includes a 10,200-square-foot main floor and an 11,000-square-foot basement. The lot size for the primary parcel is 0.2433 acres, equivalent to 10,600 square feet. The building has one story plus a basement. The bike score is 54, indicating it is bikeable. The walk score is 53, meaning it is somewhat walkable, and the transit score is 39, suggesting some transit options are available.
Key Highlights
- 21,200 SF total building size, featuring an 11,000 SF basement.
- 1 + Basement stories.
- 0.2433 acre lot size.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $457.9k | $21.60 |
| − Vacancy | −$84.7k | −$4.00 |
| EGI | $373.2k | $17.60 |
| − OpEx | −$93.3k | −$4.40 |
| NOI | $279.9k | $13.20 |
21,200 SF · lease $21.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.00M
$3.50M – $4.67M
NOI $279,904 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.36M
$4.69M – $6.25M
NOI $374,941 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 21,200 SF office building with 11,000 SF basement.
Where is this office building located?
The property is located at 247 S Riverside Rialto, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 21,200 SF total building size, featuring an **11,000 SF basement**.; 1 + Basement stories.; 0.2433 acre lot size.
