Freestanding Industrial
For Sale
$3,631,464
10989 Calabash Ave, Fontana, CA 92337
Freestanding industrial warehouse building available for sale, suited for users seeking an independent space.
Property Size13,016 SF
Days on Market61
Property Features for 10989 Calabash Ave
General Information
Standard status
Active
Size
13,016 SF
Property subtype
Industrial
Building Details
Building Size
13,016 SF
Year Built
1993
Listing Agency:
Lee & Associates - Ontario
(909) 373-2713
Listed By:
Kyle Vizzo · License #CalDRE #02061917
Source:
Lee-associates
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 8 at 7:55AM
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 Lee & Associates - Ontario
Investment Insights
Based on property information with market context.
The property is a freestanding industrial warehouse building offered for sale. It presents as a standalone structure, which can support a range of warehouse and light industrial uses depending on tenant or buyer needs.
The building is located at 10989 Calabash Ave in Fontana, California. As a free-standing asset, it is positioned to be approached directly by vehicles, with the flexibility that typically comes with an independent building layout.
For buyers and tenants, the standalone configuration can be helpful for operations that value autonomy from shared building common areas. Warehouse users may find it practical for storage and distribution activities, while industrial operators can evaluate the space for workflow and site access requirements. Because specific interior, unit configuration, and improvement details are not provided here, interested parties should review the available offering materials to confirm layout, condition, and any site and building features relevant to their intended use.
The building is located at 10989 Calabash Ave in Fontana, California. As a free-standing asset, it is positioned to be approached directly by vehicles, with the flexibility that typically comes with an independent building layout.
For buyers and tenants, the standalone configuration can be helpful for operations that value autonomy from shared building common areas. Warehouse users may find it practical for storage and distribution activities, while industrial operators can evaluate the space for workflow and site access requirements. Because specific interior, unit configuration, and improvement details are not provided here, interested parties should review the available offering materials to confirm layout, condition, and any site and building features relevant to their intended use.
Key Highlights
- Freestanding industrial warehouse building available for sale
- Building year built: 1993
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$159,285
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,185,700
$3.2M
Cap Rate 7%
$2,275,500
$2.3M
Cap Rate 9%
$1,769,833
$1.8M
Market Conditions
NOI Build-Up for 13,016 SF
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.
Gross rent
$203.0K $15.60/SF
− Vacancy
−$15.7K −$1.20/SF
EGI
$187.4K $14.40/SF
− OpEx
−$28.1K −$2.16/SF
NOI
$159.3K $12.24/SF
Area
Fontana, CA
Vacancy
7.71%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,185,700
Cap Rate 7%
$2,275,500
Cap Rate 9%
$1,769,833
Alternative Uses
Best Use
Warehouse
$2.28M
$1.99M – $2.65M
NOI $159,285 @ 7.0% cap · market cap 4.39%
Second Best
Industrial
$1.87M
$1.64M – $2.19M
NOI $131,176 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$3.79M
$3.31M – $4.42M
NOI $265,120 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92337, CA
36,394
Population
9,730
Households
3.7
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
13.7 sq mi
ZIP Area
2,656
Density / Sq Mi
$104,936
Median Household Income
$41,372
Median Earnings
$2,120
Median Rent
$519,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial warehouse building available for sale, suited for users seeking an independent space.
Where is this warehouse located?
The property is located at 10989 Calabash Ave Fontana, CA.
What is the asking price?
The asking price for this property is $3,631,464.
What are key features of this property?
This property features: Freestanding industrial warehouse building available for sale; Building year built: 1993
