Building Details

Year built 1966

Listing Agency: MGR REAL ESTATE, INC. m**@mgrrealestate.com Show Phone

Listed By: Giorgio Touma · License #02188974 Show Phone

Added: Nov 19, 2025 Changed: Oct 8 Last Checked: Oct 18 at 10:06PM

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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.

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Investment Insights

Based on property information with market context.

This 3,140-square-foot, single-story office building was renovated in 2023 and sits on a 0.28-acre lot, or approximately 12,380 square feet. The interior includes open traditional office areas, 10-foot ceilings, three restrooms, and a kitchenette. Originally constructed in 1966, the property combines its existing office layout with recent updates and a configuration suited to commercial occupancy.

A fully gated, secured, and paved yard provides additional outdoor space alongside on-site parking. The property is located less than a mile from downtown Colton, with access to I-10 and I-215, public transit, and local amenities. Commercial zoning is stated for the property.

Key Highlights

• 3,140 sq ft single‑story office building renovated in 2023
• 0.28‑acre lot, approximately 12,380 sq ft
• Open office areas with 10‑foot ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$36,959

Cap Rate

4.35%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$739,180 $739.2K

Cap Rate 7%

$527,986 $528.0K

Cap Rate 9%

$410,656 $410.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,140 SF

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 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 (±1% cap)

NOI $36,959 @ 7.0% cap · market cap 4.35%

Second Best

Healthcare Medical

$371.8K

$325.3K – $433.8K (±1% cap)

NOI $26,027 @ 7.0% cap · market cap 3.06%

Theoretical Best

Office A

$662.3K

$579.6K – $772.7K (±1% cap)

NOI $46,364 @ 7.0% cap · market cap 5.45%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

R-MAC Construction Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10 ft

Clear height

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

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Commercial office property with a gated paved yard, three restrooms, and kitchenette.

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 renovated in 2023; 0.28‑acre lot, approximately 12,380 sq ft; Open office areas with 10‑foot ceilings