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Industrial Building with Fenced Yard
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1689 Parco Ave, Ontario, CA

Freestanding industrial building featuring office space and fenced yard.

Property Size23,272 SF
Lot Size1.25 Acres
Price / SF$305
Days on Market432

Property Features for 1689 Parco Ave

General Information

Standard status Active
Size 23,272 SF
Lot size 1.25 Acres
Property subtype INDUSTRIAL
Listing Agency: Lee & Associates
Listed By: Donald Kazanjian · License #01017328
Source: Moodyscre
Added: May 29, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:23AM

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

Investment Insights

Based on property information with market context.

This freestanding industrial building offers approximately 23,272 square feet of space. The property includes about 2,224 square feet of office area. It features two dock-high doors and two ground-level doors, each measuring 12 feet by 12 feet. The building provides a clear height of 24 feet and is equipped with 800 Amps, 277-480 Volt power. The property also includes a fenced and paved yard.

Key Highlights

  • Free standing building
  • Benefit from 2 Dock High Doors & 2 Ground Level Doors (12’x12’)
  • Includes ±2,224 SF of office space

Financial Insights For Warehouse

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 $444.0k $19.08
− Vacancy −$34.2k −$1.47
EGI $409.8k $17.61
− OpEx −$61.5k −$2.64
NOI $348.3k $14.97
23,272 SF · lease $19.08/SF/yr · vacancy 7.71% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$4.98M
$4.35M – $5.81M (±1% cap)
NOI $348,326 @ 7.0% cap · market cap 4.91%
Second Best
Industrial
$4.10M
$3.59M – $4.78M (±1% cap)
NOI $286,857 @ 7.0% cap · market cap 4.04%
Theoretical Best
Specialty Retail
$6.02M
$5.27M – $7.02M (±1% cap)
NOI $421,324 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bergandi Machinery Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Restaurant Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby
Well-served
Demand for This Use

Market

Properties on Market for Warehouses in Ontario

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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 building featuring office space and fenced yard.
Where is this warehouse located?
The property is located at 1689 Parco Ave Ontario, CA.
What is the asking price?
The asking price for this property is $7,097,960.
What are key features of this property?
This property features: Free standing building; Benefit from **2 Dock High Doors & 2 Ground Level Doors (12’x12’)**; Includes ±2,224 SF of office space
(714) 273-1283 Call to check price and availability
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