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Vacant Flex Condominium

24646 Redlands Boulevard Loma Linda, CA 92354

24646 Redlands Boulevard, Loma Linda, CA, 92354
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For Sale
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Vacant flex condo with reception, private offices, and warehouse access via a grade-level roll-up door.

Property Size1,369 SF
Price / SF$317.75
Days on Market53

Property Features for 24646 Redlands Boulevard

General Information

Standard status
Active
Size
1,369 SF
Property subtype
Retail, Mixed Use

Building Details

Year Built
1982
Listing agency RE/MAX TIME
Listed by Nathan Bragg · License #CA 01340519
Source Crexi
Added: Jun 1 Updated: Jul 10 at 1:53PM Checked: Jul 22 at 6:34AM

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 RE/MAX TIME


Investment Insights

Based on property information with market context.

This vacant commercial flex condominium offers a practical combination of office and warehouse space. The interior includes a reception area, private offices, and warehouse space with grade-level roll-up door access. There are two restrooms, including one with a shower, supporting a range of daily business needs for an owner-user or operating company.

The property is positioned within the Redlands Boulevard Business Park in Loma Linda, California. It sits along Redlands Boulevard and provides immediate access to Interstate 10, with visibility tied to the main thoroughfare. Major regional retailers are located nearby, including Costco, Sam's Club, Home Depot, Lowe's, Target, and Walmart.

With its split layout of reception and private offices alongside grade-level warehouse functionality, the space can accommodate businesses that need both customer or administrative space and straightforward loading access. The property is currently vacant, providing the ability for an incoming buyer or operator to move in without waiting for tenant turnover.

Key Highlights

  • Vacant 1,368 SF commercial flex condominium in the Redlands Boulevard Business Park (Loma Linda, CA), available for immediate occupancy.
  • Functional interior includes a reception area and private offices, plus warehouse space for flexible use.
  • Warehouse has grade‑level roll‑up door access for loading and easy business operations.

Local Financial Insights For Office B

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 $23.3k $17.04
− Vacancy −$1.8k −$1.35
EGI $21.5k $15.69
− OpEx −$5.4k −$3.92
NOI $16.1k $11.77
1,369 SF · lease $17.04/SF/yr · vacancy 7.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$230.2K
$201.4K – $268.6K (±1% cap)
NOI $16,114 @ 7.0% cap · market cap 3.70%
Second Best
Warehouse
$195.0K
$170.6K – $227.5K (±1% cap)
NOI $13,651 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$288.8K
$252.7K – $336.9K (±1% cap)
NOI $20,214 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Storage Facility Furniture & Home Goods Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

Similar Off Market Nearby

  • Royal Catering Co — 310 E Industrial Rd, San Bernardino, CA 92408

FAQs

What type of property is this?
Flex space - Vacant flex condo with reception, private offices, and warehouse access via a grade-level roll-up door.
Where is this flex space located?
The property is located at 24646 Redlands Boulevard Loma Linda, CA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Vacant 1,368 SF commercial flex condominium in the Redlands Boulevard Business Park (Loma Linda, CA), available for immediate occupancy.; Functional interior includes a reception area and private offices, plus warehouse space for flexible use.; Warehouse has grade‑level roll‑up door access for loading and easy business operations.
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