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    Commercial Land with Drive-Through Potential Title is generated by Realmo AI

    1185-1187 E Holt Blvd, Ontario, CA 91761

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    Newly developed land on a signalized corner offers flexible single-tenant or multi-tenant possibilities with outdoor use options.

    Type:Land
    Added:
    Jun 2, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 3:16 am

    Property Features for 1185-1187 E Holt Blvd

    General Information

    Standard status
    Active
    Property subtype
    Land

    Spaces For Lease

    at 1185-1187 E Holt Blvd Contact us

    We can help!

    Listing Contact
    Paul Su
    Paul Su

    Listing agent Paul Su License #CalDRE #01949696

    Listing office Progressive Real Estate Partners

    Listing date Jun 2, 2026

    Source Progressiverep

    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 Progressive Real Estate Partners

    HighLights

    • Brand new development available for lease on the northwest signalized corner of Holt Boulevard and Grove Avenue
    • Flexible lease setup for a single tenant or multi‑tenant building
    • Potential for drive‑through and outdoor patio opportunities
    • Site averages 46,681 cars per day
    • Nearby Ontario International Airport; airport served over 7.1 million passengers in 2025
    • Nearby hotels total 2,397 rooms and the Ontario Convention Center

    Overview

    New development is available for lease, offering an option for a single tenant or a multi-tenant building. The site presents opportunities for a drive-through configuration and outdoor patio uses, making it suitable for concepts that benefit from direct customer access and flexible site planning.

    The property sits on the northwest signalized corner of E Holt Blvd and Grove Avenue. Holt Boulevard provides access to the I-10 freeway on/off-ramp, while Grove Avenue connects toward East Airport Drive. The location averages approximately 46,681 cars per day and is near Ontario International Airport, which served over 7.1 million passengers in 2025. The surrounding area includes eight established hotels totaling 2,397 rooms and is also close to the Ontario Convention Center, which hosts events such as Muay Thai Purist State Championship, Anime Expo, Table Tennis US Open, SoCal Gaming Expo, and SlammedEnuff SoCal Car Show.

    With the combination of high visibility, signalized intersection access, and proximity to airport and event-driven demand, this site can work well for drive-through and outdoor-oriented retail or service uses, as well as operators looking for adaptable layouts within a brand-new development framework.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.6290536
    Latitude
    34.0639976

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    FAQs

    What type of property is this?
    Commercial land - Newly developed land on a signalized corner offers flexible single-tenant or multi-tenant possibilities with outdoor use options.
    Where is this commercial land located?
    The property is located at 1185-1187 E Holt Blvd Ontario, CA.
    What are key features of this property?
    This property features: Brand new development available for lease on the northwest signalized corner of Holt Boulevard and Grove Avenue; Flexible lease setup for a single tenant or multi‑tenant building; Potential for drive‑through and outdoor patio opportunities
    (626) 417-4539
    We can help!
    Listing Contact
    Paul Su
    Paul Su
    Real Estate License ID: CalDRE #01949696
    Learn More
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    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
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