Industrial Building with Unique
170 W Mindanao St Bloomington, CA 92316
For Sale
Contact for pricing
Freestanding industrial building featuring private offices and specialized equipment.
Property Size15,763 SF
Lot Size0.64 Acres
Price / SF$227.43
Days on Market665
Property Features for 170 W Mindanao St
General Information
Standard status
Active
Size
15,763 SF
Lot size
0.64 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(951) 276-3606
Listed By:
Alexey Zabolotskikh · License #DRE#01428540
(951) 276-3606
Source:
Moodyscre
Added: Oct 3, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:53AM
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 is a freestanding industrial building featuring three private offices, a reception area, and a bullpen. The layout includes a coffee bar and a shop restroom. The building is equipped with electrical distribution throughout, floor drains, a three-stage clarifier, and a 1-inch gas line.
Key Highlights
- Free Standing Building
- 3 Private Offices offer dedicated workspace.
- Electrical Distributed Throughout
Financial Insights For Industrial
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 | $196.7k | $12.48 |
| − Vacancy | −$11.8k | −$0.75 |
| EGI | $184.9k | $11.73 |
| − OpEx | −$55.5k | −$3.52 |
| NOI | $129.4k | $8.21 |
15,763 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.85M
$1.62M – $2.16M
NOI $129,443 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.32M
$2.91M – $3.88M
NOI $232,748 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - Freestanding industrial building featuring private offices and specialized equipment.
Where is this industrial property located?
The property is located at 170 W Mindanao St Bloomington, CA.
What is the asking price?
The asking price for this property is $3,585,000.
What are key features of this property?
This property features: Free Standing Building; 3 Private Offices offer dedicated workspace.; Electrical Distributed Throughout
