Renovated Single-Story Office
For Sale
$850,000
1377 N La Cadena, Colton, CA 92324
Commercial Sale, Colton, CA
Property Size3,140 SF
Lot Size0.28 Acres
Price / SF$270.70
Days on Market274
Property Features for 1377 N La Cadena
General Information
Property type
Residential
Property subtype
Office
Directions
Between Mt. Vernon and Laurel St
Subdivision
273 - Colton
Standard status
Active
APN
0160261150000
Lot size
0.28 Acres
Building Details
Year built
1966
Listing Agency:
MGR REAL ESTATE, INC.
(909) 981-4466
Listed By:
Giorgio Touma · License #02188974
(626) 806-3341
Added: Nov 19, 2025
Changed: Aug 19
Last Checked: Aug 20 at 10:06AM
MLS# CV26115757
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-story office building was renovated in 2023 and offers an efficient interior layout with spacious open office areas and 10-foot ceilings. The space includes three restrooms and a kitchenette designed to support everyday workflow. The property also features a fully gated, paved yard that provides a secure outdoor area for flexible use.
The building is located at 1377 N La Cadena in Colton, less than a mile from downtown Colton. Access is described as convenient to major highways, including I-10 and I-215, along with public transit and nearby local amenities.
The property is presented for sale and described as zoned for commercial use, with ample on-site parking. Measurements and figures are stated as approximate, and the buyer is advised to verify details.
The building is located at 1377 N La Cadena in Colton, less than a mile from downtown Colton. Access is described as convenient to major highways, including I-10 and I-215, along with public transit and nearby local amenities.
The property is presented for sale and described as zoned for commercial use, with ample on-site parking. Measurements and figures are stated as approximate, and the buyer is advised to verify details.
Key Highlights
- 3,140 sq ft single‑story office building built in 1966, on a 0.28‑acre (12,380 sq ft) lot
- Renovated in 2023 with move‑in ready condition for immediate occupancy
- Efficient layout with open office areas, 10‑foot ceilings, kitchenette, and three restrooms
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
$36,959
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
4.35%
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%
$739,180
$739.2K
Cap Rate 7%
$527,986
$528.0K
Cap Rate 9%
$410,656
$410.7K
Market Conditions
NOI Build-Up for 3,140 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
$53.5K $17.04/SF
− Vacancy
−$4.2K −$1.35/SF
EGI
$49.3K $15.69/SF
− OpEx
−$12.3K −$3.92/SF
NOI
$37.0K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
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%
$739,180
Cap Rate 7%
$527,986
Cap Rate 9%
$410,656
Alternative Uses
Best Use
Office B
$528.0K
$462.0K – $616.0K
NOI $36,959 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$662.3K
$579.6K – $772.7K
NOI $46,364 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
10 ft
Clear height
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with renovated interiors, three restrooms, a kitchenette, and a fully gated paved yard.
Where is this office building located?
The property is located at 1377 N La Cadena Colton, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,140 sq ft single‑story office building built in 1966, on a 0.28‑acre (12,380 sq ft) lot; Renovated in 2023 with move‑in ready condition for immediate occupancy; Efficient layout with open office areas, 10‑foot ceilings, kitchenette, and three restrooms
