Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    13941 Norton Ave, Chino, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Industrial properties

    Type:INDUSTRIAL
    Property size:
    70,980 SF
    Lot size:
    4.76 Acres
    Added:
    Apr 21, 2023
    Days on Market:
    1139
    Last Refresh:
    May 19 at 9:45 pm

    Property Features for 13941 Norton Ave

    General Information

    Standard status
    Active
    Size
    70,980 SF
    Lot size
    4.76 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 13941 Norton Ave Contact us

    We can help!

    Listing Contact
    John Espinosa

    Listing agent John Espinosa

    Listing office Lee & Associates

    Listing date Apr 21, 2023

    Source Moodyscre

    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

    HighLights

    • Excellent freeway access for convenient commuting.
    • Walk to Spectrum Retail Amenities, enjoy nearby shopping and dining.
    • Heavy power, ideal for businesses with significant energy needs.
    • Heavy office build‑out already in place.
    • Low net expenses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Soardist (Bike/Boat/Book/etc) Store Taomore Supply Chain ... Warehouse & Storage Attan Recycling Corporation Recycling Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chino
    County
    San Bernardino
    State
    California
    Longitude
    -117.71
    Latitude
    34.0003

    Nearby Similar for Lease

    • $10,000/Mo
      4,908 SF

      Renovated Office and Warehouse Space

      High-quality Chino office and warehouse space for lease.
      5775 Waco, Chino, CA 91710
      View Details
    • Contact for pricing
      800 SF

      Chino Office Space For Lease

      Office suite in a Spanish-style building near CA-60 Freeway.
      12598 Central Avenue, Chino, CA 91710
      View Details
    • Contact for pricing
      300 SF

      Affordable Office Space in Chino

      Prime Chino location with excellent Central Avenue signage and exposure.
      13135 Central Avenue, Chino, CA 91710
      View Details
    • $1.50 SF/Yr
      5,143 SF

      Chino Office/Medical Space Available

      Office/medical space near freeways and Ontario International Airport.
      11780 - 11800 Central Avenue, Chino, CA, 91710
      View Details
    • Contact for pricing
      505 SF

      Retail Space in Chino Promenade

      505 SF retail space in a vibrant Chino neighborhood.
      5460 Philadelphia Street, Chino, CA 91710
      View Details
    • $10,000/Mo

      Renovated Office and Warehouse Space

      High-quality office and warehouse in Chino with easy freeway access.
      5775 Waco, Chino, CA 91710
      View Details
    • Contact for pricing
      1,700 SF

      Chino Office Suite For Lease

      1,700 SF office suite in El Central Plaza, Chino.
      12598 Central Avenue, Chino, CA 91710
      View Details
    • $3,500/Mo

      Standalone Restaurant Space in Chino

      Prime corner restaurant location near Downtown Chino with high visibility.
      5065 Riverside Dr, Chino, CA 91710
      View Details
    • Contact for pricing
      4,064 SF

      Retail and Auto Use Space

      Versatile spaces available for lease in a high-traffic location.
      5536 - 5546 Philadelphia St, Chino, CA 91710
      View Details
    • $1.50 SF/Yr
      5,499 SF

      Taiver Magnolia Business Park Space

      Magnolia Business Park building with easy access to multiple freeways.
      13905 Magnolia Ave, Chino, CA 91710
      View Details
    • $1.50 SF/Yr
      14,025 SF

      Frontage Unit in Industrial Park

      Industrial unit for rent with easy freeway access.
      5120 Schaefer Ave, Chino, CA 91710
      View Details
    • $1.25 SF/Yr
      19,110 SF

      Fenced Warehouse Space Available

      Lease space with yard, dock doors, and 24/7 access.
      4802 Murrieta St, Chino, CA
      View Details

    FAQs

    Where is this industrial property located?
    The property is located at 13941 Norton Ave Chino, CA.
    What is the lease rate?
    The lease rate is $0.97 SF/Yr.
    What are key features of this property?
    This property features: Excellent freeway access for convenient commuting.; Walk to Spectrum Retail Amenities, enjoy nearby shopping and dining.; Heavy power, ideal for businesses with significant energy needs.
    (714) 608-3610 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John Espinosa
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13941 Norton Ave, Chino, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!