Community Industrial
For Sale
Contact for pricing
1700 E Colton Avenue & 730 Wabash Avenue, Redlands, CA 92374
The property carries Community Industrial (I-C) zoning and was built in 1968.
Property Size49,510 SF
Price / SF$141.39
Days on Market9
Property Features for 1700 E Colton Avenue & 730 Wabash Avenue
General Information
Standard status
Active
Size
49,510 SF
Property subtype
Industrial
Zoning
Community Industrial (I-C)
Lease Type
Modified Gross
Building Details
Year Built
1968
Buildings
5
Tenancy
Multi
Listing Agency:
Lee & Associates - Riverside
(951) 276-3651
Listed By:
Spencer Hull · License #CA 01507542
Source:
Crexi
Added: Aug 12
Changed: Aug 18
Last Checked: Aug 19 at 7:36AM
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 - Riverside
Investment Insights
Based on property information with market context.
This warehouse property was constructed in 1968 and is identified for Community Industrial (I-C) zoning. The asset is located at 1700 E Colton Avenue and 730 Wabash Avenue in Redlands, California. Available property information identifies the site as a warehouse within a broader commercial real estate classification.
Key Highlights
- Community Industrial (I‑C) zoning
- Warehouse property constructed in 1968
- Located at 1700 E Colton Avenue and 730 Wabash Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$493,690
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,873,800
$9.9M
Cap Rate 7%
$7,052,714
$7.1M
Cap Rate 9%
$5,485,444
$5.5M
Market Conditions
NOI Build-Up for 49,510 SF
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.
Gross rent
$617.9K $12.48/SF
− Vacancy
−$37.1K −$0.75/SF
EGI
$580.8K $11.73/SF
− OpEx
−$87.1K −$1.76/SF
NOI
$493.7K $9.97/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,873,800
Cap Rate 7%
$7,052,714
Cap Rate 9%
$5,485,444
Alternative Uses
Best Use
Warehouse
$7.05M
$6.17M – $8.23M
NOI $493,690 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.44M
$9.14M – $12.18M
NOI $731,039 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92374, CA
43,587
Population
15,038
Households
2.9
Avg Household Size
35
Median Age
37%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,435
Density / Sq Mi
$96,237
Median Household Income
$41,349
Median Earnings
$1,972
Median Rent
$494,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - The property carries Community Industrial (I-C) zoning and was built in 1968.
Where is this warehouse located?
The property is located at 1700 E Colton Avenue & 730 Wabash Avenue Redlands, CA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Community Industrial (I‑C) zoning; Warehouse property constructed in 1968; Located at 1700 E Colton Avenue and 730 Wabash Avenue
