Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Free Standing Building For Sale Title is generated by Realmo AI

    169 W Mindanao St, Bloomington, CA 92316

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding building featuring office space, grade level, and dock doors.

    Type:INDUSTRIAL
    Property size:
    20,559 SF
    Lot size:
    0.81 Acres
    Price / SF:
    $239/SF
    Added:
    Oct 1, 2024
    Days on Market:
    595
    Last Refresh:
    Apr 5 at 8:15 pm

    Property Features for 169 W Mindanao St

    General Information

    Standard status
    Active
    Size
    20,559 SF
    Lot size
    0.81 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Craig Yocum
    Craig Yocum

    Listing agent Craig Yocum License #00942165

    Listing office Lee & Associates

    Listing date Oct 1, 2024

    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

    • 800 Amp, 277/480V, 3P Power
    • Free Standing Building
    • Features 2 Grade Level Doors & 2 Dock High Doors
    • 1,800 SF Office Area with 5 Private Offices
    • Agua Mansa Specific Plan Zoning (Verify)

    Overview

    This free-standing building includes 1,800 square feet of office area, featuring a reception office, five private offices, and two restrooms. The property is equipped with two grade-level doors and two dock-high doors. It has 800 Amps, 277/480V, 3P power. The property is zoned under the Agua Mansa Specific Plan. The property size is 20,559 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Unlimited Plastics Inc Recycling Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    San Bernardino
    State
    California
    Longitude
    -117.372
    Latitude
    34.0598

    Nearby Similar for Sale

    • $1,399,000
      2,193 SF

      Bloomington Auto Dealership Opportunity

      Established auto dealership with residence on high-traffic Valley Boulevard.
      838 W Valley Boulevard, Bloomington, CA 92316
      View Details
    • $300,000

      Bloomington Property with Residential Unit

      Property in high-traffic area with a house in the back.
      19080 Vly, Bloomington, CA 92316
      View Details
    • $1,900,000
      1,280 SF

      Bloomington Industrial Property for Sale

      Industrial property suitable for trucking or contractor's yard.
      10204 Alder Ave, Bloomington, CA 92316
      View Details
    • $3,325,000
      14,779 SF

      Bloomington Industrial Warehouse For Sale

      14,779 sq ft industrial warehouse with offices and parking.
      2259 S Vista Avenue, Bloomington, CA 92316
      View Details
    • $300,000
      1,575 SF

      Bloomington Commercial Property with Residence

      Commercial property in Bloomington, CA with residential unit.
      19080 Valley, Bloomington, CA 92316
      View Details
    • $1,900,000
      1,280 SF

      Bloomington Commercial Property For Sale

      M1 light industrial property suitable for trucking or contractor's yard.
      10204 Alder Avenue, Bloomington, CA 92316
      View Details
    • $79,000

      Bloomington Mobile Home in Community

      Mobile home in 55+ community with amenities and convenient location.
      17455 Marygold, Bloomington, CA 92316
      View Details
    • $4,320,000
      18,000 SF

      Industrial Property For Sale

      18,000 SqFt industrial property available for purchase.
      2273 S Vista Ave, Bloomington, CA 92316
      View Details
    • $3,585,000
      15,763 SF

      Industrial Building with Unique Features

      Freestanding industrial building featuring private offices and specialized equipment.
      170 W Mindanao St, Bloomington, CA
      View Details
    • Contact for pricing
      42,408 SF

      Industrial Building Under Construction

      Industrial building under construction with office space and high ceilings.
      NW of S Riverside Ave and Resource Dr, Bloomington, CA
      View Details
    • $3,900
      2,400 SF

      Remodeled Commercial Property in Bloomington

      Versatile commercial property suitable for various uses in Bloomington, CA.
      10143 Street, Bloomington, CA 92316
      View Details
    • Contact for pricing
      15,763 SF

      Industrial Building with Fenced Yard

      15,763 SF industrial building on 0.64 acres with yard.
      170 W Mindanao St, Bloomington, CA 92316
      View Details

    FAQs

    What type of property is this?
    Specialty property - Freestanding building featuring office space, grade level, and dock doors.
    Where is this specialty property located?
    The property is located at 169 W Mindanao St Bloomington, CA.
    What is the asking price?
    The asking price for this property is $4,913,601.
    What are key features of this property?
    This property features: 800 Amp, 277/480V, 3P Power; Free Standing Building; Features 2 Grade Level Doors & 2 Dock High Doors
    (909) 228-4748 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Craig Yocum
    Craig Yocum
    Real Estate License ID: 00942165
    Learn More
    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
    169 W Mindanao St, Bloomington, 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!