Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Phelan Road Corner Lot Title is generated by Realmo AI

    2652 Phelan Road, Pinon Hills, CA 92372

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    Corner lot on Phelan Road, zoned for industrial use.

    Type:Commercial/Industrial
    Lot size:
    1.91 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 5 at 10:10 pm

    Property Features for 2652 Phelan Road

    General Information

    Standard status
    Active
    Lot size
    1.91 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    JOHN RUIZ
    JOHN RUIZ

    Listing agent JOHN RUIZ License #01137432

    Listing office JOHN RUIZ, BROKER

    Listing date Mar 13, 2026

    Source Exitrealty

    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 JOHN RUIZ, BROKER

    HighLights

    • Prime corner lot location on Phelan Road
    • PH/IC Industrial Community Zoning
    • All utilities are next to the lot
    • Easy access to Highway 138
    • Nicely graded and fully fenced
    • Currently used as a yard

    Overview

    This property is a corner lot located on Phelan Road. It is zoned PH/IC Industrial Community and is currently being used as a yard. The property is graded and fully fenced. All utilities are located next to the lot. It offers easy access to Highway 138. Interested parties should check with zoning for all approved uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Auto Repair Shop Nail Salon Storage Facility Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinon Hills
    County
    San Bernardino
    State
    California
    Longitude
    -117.604
    Latitude
    34.4268

    Nearby Similar for Sale

    • $420,000

      Expansive Land Parcel in Pinon Hills

      40-acre parcel in Pinon Hills with development potential.
      2525 Goss, Pinon Hills, CA 92372
      View Details
    • $375,000

      20-Acre Vacant Land Parcel

      20-acre vacant lot in Pinon Hills with mountain and desert views.
      0 Hwy 138 Lot 02, Pinon Hills, CA 92372
      View Details
    • $464,000

      Pinon Hills Vacant Land Parcel

      29.25-acre vacant lot with mountain and desert views.
      0 Hwy 138 Lot 06, Pinon Hills, CA 92372
      View Details
    • $44,999

      Pinon Hills Land Opportunity

      2.5 acres of desert land with mountain views.
      2 Wintergreen Rd, Pinon Hills, CA 92372
      View Details
    • $44,999

      Pinon Hills Land Opportunity

      2.5 acres of desert land with mountain views.
      1 Wintergreen, Pinon Hills, CA 92372
      View Details
    • $95,000

      Pinon Hills Vacant Land

      2.1 acres of residential land with mountain and city views.
      Valley Ct, Pinon Hills, CA 92372
      View Details
    • $80,000

      Pinon Hills Corner Lot

      1.56 acre corner lot with mountain and desert views.
      0 Mountain Road, Pinon Hills, CA 92372
      View Details
    • $120,000

      Pinon Hills Land with Views

      Residential land with utilities and panoramic views.
      0 Sunnyslope, Pinon Hills, CA 92372
      View Details
    • $130,000

      Pinon Hills View Lot

      Land with views; power and water available.
      0 Silver Rock, Pinon Hills, CA 92372
      View Details
    • $80,000

      Vacant Land in Pinon Hills

      2.4 acres of vacant land in a growing desert community.
      0 Mountain, Pinon Hills, CA 92372
      View Details
    • $150,000

      Pinon Hills Land For Sale

      9.17 acre lot with existing mobile home.
      12452 Golden View, Pinon Hills, CA 92372
      View Details
    • $1,400,000
      800 SF

      Phelan Development Opportunity on Highway

      3.10 acre development site at signalized corner.
      8899 Beekley Road, Pinon Hills, CA 92372
      View Details

    FAQs

    What type of property is this?
    Industrial land - Corner lot on Phelan Road, zoned for industrial use.
    Where is this industrial land located?
    The property is located at 2652 Phelan Road Pinon Hills, CA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Prime corner lot location on Phelan Road; PH/IC Industrial Community Zoning; All utilities are next to the lot
    (909) 434-0706
    We can help!
    Listing Contact
    JOHN RUIZ
    JOHN RUIZ
    Real Estate License ID: 01137432
    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
    2652 Phelan Road, Pinon Hills, CA 92372
    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!