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    Divisible Light Industrial Property Title is generated by Realmo AI

    15251 Boyle Ave, Fontana, CA 92337

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    For Sale
    $2,495,000

    Light industrial buildings with 10 grade-level doors, dedicated utilities, and a fenced yard suited for contractor and automotive uses.

    Type:Industrial
    Property size:
    13,800 SF
    Price / SF:
    $180/SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 4:46 am

    Property Features for 15251 Boyle Ave

    General Information

    Standard status
    Active
    Size
    13,800 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Sharon McCright

    Listing agent Sharon McCright

    Listing office

    Listing date Jun 4, 2026

    Source Elliman

    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 Sharon McCright

    HighLights

    • 13,800 SF light industrial facility in two buildings with 10 ground level (grade‑level) doors
    • Buildings are divisible into separate units with several dedicated utility meters for single or multi‑suite operations
    • Equipped with 800 amps of power and includes a dedicated front office, reception area, and restrooms
    • Fully fenced and paved rear yard with wrought iron gate entry for vehicle parking or outdoor storage
    • Zoned Freeway Industrial District (FID), supporting a variety of light industrial and commercial uses such as warehousing, automotive repair, autobody repair, light manufacturing, or contractor’s yard (buyer to verify permitted uses)
    • Easy access to I‑10 (San Bernardino) Freeway and available for immediate occupancy

    Overview

    The property consists of two light industrial buildings totaling 13,800 square feet, with space that can be divided into separate units. Several dedicated utility meters support seamless single-unit operations or contiguous multi-suite combinations. Improvements include a dedicated front office with reception area and restrooms. The facility is supported by 800 amps of power and features 10 ground-level doors. A wrought iron gate entry provides security, and the rear yard is fully fenced and paved for vehicle parking or outdoor storage.

    Located in the Inland Empire West submarket in Fontana, the property sits within the City of Fontana’s industrial corridor. The site offers easy access to the I-10 (San Bernardino) Freeway. The property is zoned Freeway Industrial District (FID), which the seller states allows for a variety of light industrial and commercial uses, including warehousing, automotive repair, autobody repair, light manufacturing, or a contractor’s yard; buyers are instructed to verify permitted uses and zoning requirements with the City of Fontana.

    With its combination of office space, high-power electrical capacity, multiple grade-level doors, and a secured fenced yard, the property is well suited for owner-users seeking immediate occupancy or businesses looking for additional operating space. It may also appeal to investors due to the ability to configure the buildings for single-tenant or combined multi-suite use, subject to buyer verification of all applicable requirements.

    Local 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 $289.8k $21.00
    − Vacancy −$21.7k −$1.58
    EGI $268.1k $19.43
    − OpEx −$67.0k −$4.86
    NOI $201.0k $14.57
    13,800 SF · lease $21.00/SF/yr · vacancy 7.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.87M
    $2.51M – $3.35M (±1% cap)
    NOI $201,049 @ 7.0% cap · market cap 8.06%
    Second Best
    Warehouse
    $2.41M
    $2.11M – $2.81M (±1% cap)
    NOI $168,880 @ 7.0% cap · market cap 6.77%
    Theoretical Best
    Office A
    $4.02M
    $3.51M – $4.68M (±1% cap)
    NOI $281,089 @ 7.0% cap · market cap 11.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Penco Precision Industrial Manufacturer Jonathon-Stephens Design Group Interior Design

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Building Supply Pharmacy 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
    -117.4720427
    Latitude
    34.0640421

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    FAQs

    What type of property is this?
    Flex space - Light industrial buildings with 10 grade-level doors, dedicated utilities, and a fenced yard suited for contractor and automotive uses.
    Where is this flex space located?
    The property is located at 15251 Boyle Ave Fontana, CA.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: 13,800 SF light industrial facility in two buildings with 10 ground level (grade‑level) doors; Buildings are divisible into separate units with several dedicated utility meters for single or multi‑suite operations; Equipped with 800 amps of power and includes a dedicated front office, reception area, and restrooms
    (949) 829-2321
    We can help!
    Listing Contact
    Sharon McCright
    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.

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