Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    299 West Foothill Boulevard Upland, CA 91786

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two-story office building on historic Route 66.

    Type:Office
    Property size:
    36,870 SF
    Added:
    Nov 21, 2025
    Days on Market:
    132
    Last Refresh:
    Mar 30 at 10:38 pm

    Property Features for 299 West Foothill Boulevard

    General Information

    Standard status
    Active
    Size
    36,870 SF
    Property subtype
    Office

    Building Details

    Year Built
    1986

    Properties For Sale

    at 299 West Foothill Boulevard Contact us

    We can help!

    Listing Contact
    Steve Liu

    Listing agent Steve Liu License #CalDRE #01323150

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Steve Liu

    Overview

    Professionally Managed Office Building

    Magnolia Plaza is a professionally managed two-story office building located on West Foothill Boulevard in Upland, California, within the Inland Empire. The city of Upland is bordered by Rancho Cucamonga to the east, Ontario to the south, and Montclair/Clairmont to the west. The property is situated 5 minutes north of the I-10, on Foothill Boulevard, historically known as Route 66. The building offers office spaces on the second floor, ranging from 1,160 to 1,796 square feet. The building is elevator served and includes covered parking. Eyebrow signage is available. The location benefits from high traffic, with over 27,000 cars per day, and is near various restaurants, retail amenities, and other services. The second-floor suites offer mountain views. The property size is 36,870 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Select Physical Therapy ... Medical Clinic Johnson Judith A Physician The Law Office of Howard ... Law Firm On Tap barbershop Barber Shop Venashomes,inc Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Upland
    County
    San Bernardino
    State
    California
    Longitude
    -117.655
    Latitude
    34.1082

    Nearby Similar for Sale

    • $4,800,000
      16,704 SF

      Upland Medical Office Investment Opportunity

      Two-story medical office building in Upland, CA for sale.
      360 E 7th Street, Upland, CA 91786
      View Details
    • $229,000
      2,200 SF

      Upland Beer & Market Business

      Established neighborhood market with multiple revenue streams and food service.
      69 N Grove Avenue, Upland, CA 91786
      View Details
    • $895,000
      2,171 SF

      Upland Duplex with ADU Potential

      Two homes on one lot near Downtown Upland.
      548 N 2nd, Upland, CA 91786
      View Details
    • $499,999
      1,148 SF

      Upland Office Space For Sale

      Versatile office space in Upland, CA with modern amenities.
      18 N Central, Upland, CA 91786
      View Details
    • $849,000
      2,267 SF

      Upland Industrial Condo Opportunity

      2,267 sq ft industrial condo in desirable 11th Street Business Park.
      1846 W 11th, Upland, CA 91786
      View Details
    • $1,050,000
      2,577 SF

      Mixed-Use Compound with Rental History

      Multi-unit property with commercial building, residential homes, and permaculture.
      2599 Huntington Drive, Upland, CA 91786
      View Details
    • $8,880,000
      36,870 SF

      Magnolia Centre Investment Opportunity

      95% occupied medical/professional office building for sale.
      299 West Foothill Boulevard, Upland, CA 91786
      View Details
    • $675,000
      60,000 SF

      Medical Condo in Total Care

      Medical condo in professional building near San Antonio Hospital.
      1183 E. Foothill Blvd., Ste. 130, Upland, CA 91786
      View Details
    • $2,650,000
      7,802 SF

      Foothill Boulevard Office Building

      Office building with frontage, access, and tenant income.
      1365 W Foothill Blvd, Upland, CA 91786
      View Details
    • $2,950,000
      8,282 SF

      Upland Office Building For Sale

      8,282 SF office building in Upland, California.
      100 North Euclid Avenue, Upland, CA, 91786
      View Details
    • $2,595,000
      3,655 SF

      Upland Office Space For Sale

      Office space available in Upland, California, spanning 3,655 square feet.
      592 N Euclid Ave, Upland, CA 91786
      View Details
    • $841,000
      2,900 SF

      Upland Industrial Condo Portfolio

      Industrial condo portfolio in Upland, California, for sale.
      1685 Arrow Rt., Unit D, Upland, CA 91786
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building on historic Route 66.
    Where is this office building located?
    The property is located at 299 West Foothill Boulevard Upland, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Professionally managed office building.; Located on historic Route 66 with over 27,000 CPD.; Close proximity to I‑10 (5 minutes).
    (949) 468-2385
    We can help!
    Listing Contact
    Steve Liu
    Real Estate License ID: CalDRE #01323150
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!