Light Industrial Flex
398 10th Colton, CA 92324
398 10th, Colton, CA, 92324
$1,280,000
For Sale
$1,280,000
Fully fenced corner lot with two buildings, covered loading area, and guard house use, zoned M1 with grandfathered yard.
Property Size5,615 SF
Price / SF$227.96
Days on Market185
Property Features for 398 10th
General Information
- Standard status
- Active
- Size
- 5,615 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1950
Listing agency
Re/Max Time Realty
(909) 373-0880
Listed by
Xiaoyu Qin-Hsieh · License #DRE #01771096
Source
Xome
Added: Jan 17 Updated: Jul 20 at 9:37PM Checked: Jul 21 at 3:08AM
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 Realty
Investment Insights
Based on property information with market context.
This light industrial flex yard includes two separate buildings and multiple access points on a fully fenced corner lot. One primary building combines warehouse and office space, along with a separate covered loading dock/work area. A second metal building provides additional storage, and there is a smaller building by the entrance that functions as a guard house. The combined buildings total 5,600 square feet and include their own electric meters.
The property is zoned light industrial M1, with retail and a contractor’s yard use grandfathered in. Public remarks indicate high density buildings are permitted. Located in central Colton with easy Freeway 10 access, the site offers a contractor-yard style configuration with a range of potential uses discussed in the remarks.
Utilities include water and electricity on, and sewer is connected. Public remarks note the site previously operated as the Spencer and Jones Service Station for many years.
The property is zoned light industrial M1, with retail and a contractor’s yard use grandfathered in. Public remarks indicate high density buildings are permitted. Located in central Colton with easy Freeway 10 access, the site offers a contractor-yard style configuration with a range of potential uses discussed in the remarks.
Utilities include water and electricity on, and sewer is connected. Public remarks note the site previously operated as the Spencer and Jones Service Station for many years.
Key Highlights
- Fully fenced corner lot with two separate buildings plus a guard house at the entrance
- Zoned M1 light industrial with retail; contractor’s yard use is grandfathered in
- Two buildings total 5,600 sqft with a covered loading dock/work area
Local Financial Insights For Warehouse
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 | $70.1k | $12.48 |
| − Vacancy | −$4.2k | −$0.75 |
| EGI | $65.9k | $11.73 |
| − OpEx | −$9.9k | −$1.76 |
| NOI | $56.0k | $9.97 |
5,615 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$799.9K
$699.9K – $933.2K
NOI $55,990 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$658.7K
$576.4K – $768.5K
NOI $46,109 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,908 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Certified Plumbing and Rooter
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Las Ploras — 1017 N 10th St, Colton, CA 92324
- Beau’s Snack Bar — 1013 Virginia Ave, Colton, CA 92324
FAQs
What type of property is this?
Flex space - Fully fenced corner lot with two buildings, covered loading area, and guard house use, zoned M1 with grandfathered yard.
Where is this flex space located?
The property is located at 398 10th Colton, CA.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Fully fenced corner lot with two separate buildings plus a guard house at the entrance; Zoned M1 light industrial with retail; contractor’s yard use is grandfathered in; Two buildings total 5,600 sqft with a covered loading dock/work area
