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Commercial Land
For Sale
$850,000

409 W Bonita, San Dimas, CA 91773

A level infill parcel with utilities on site and an existing structure offers a redevelopment opportunity.

Property Size3,116 SF
Price / SF$272.79
Days on Market153

Property Features for 409 W Bonita

General Information

Standard status Active
Size 3,116 SF
Property subtype Retail

Building Details

Building Size 3,116 SF
Year Built 1977
Listing Agency: BERKSHIRE HATH HM SVCS CA PROP
Listed By: America Rivas · License #01821973
Source: Brillarealestate
Added: May 28 Changed: Oct 26 Last Checked: Oct 26 at 12:53PM

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 BERKSHIRE HATH HM SVCS CA PROP

Rey
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Investment Insights

Based on property information with market context.

This San Dimas commercial parcel spans 0.50 acre, or 21,772 square feet, and is described as flat. An existing 3,116-square-foot building, constructed in 1977, occupies the site and is identified as obsolete, with redevelopment contemplated. Utilities are on site.

The property is at 409 W Bonita in San Dimas, California. Its commercial infill setting and existing improvements define the site’s current configuration.

Key Highlights

  • 0.50‑acre parcel totaling 21,772 square feet
  • Existing 3,116 SF building, constructed in 1977
  • Utilities on site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,940
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,378,800 $1.4M
Cap Rate 7%
$984,857 $984.9K
Cap Rate 9%
$766,000 $766.0K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$105.4K $33.84/SF
− Vacancy
−$7.0K −$2.23/SF
EGI
$98.5K $31.61/SF
− OpEx
−$29.5K −$9.48/SF
NOI
$68.9K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,378,800
Cap Rate 7%
$984,857
Cap Rate 9%
$766,000

Alternative Uses

Best Use
Retail
$984.9K
$861.8K – $1.15M (±1% cap)
NOI $68,940 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $116,781 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Storage Facility Hotel & Motel Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,654
Businesses Nearby
555k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 23% Dining 21% Shops & Services 19% Home Improvements & Furnishings 12%
Target Superstores
129,805 visits/mo 0.5 miles
Trader Joe's Groceries
63,245 visits/mo 0.4 miles
McDonald's Dining
43,249 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
36,218 visits/mo 0.2 miles
Ross Dress for Less Apparel
29,351 visits/mo 0.4 miles

Demographics for 91773, CA

34,592
Population
12,363
Households
2.8
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
2,306
Density / Sq Mi
$105,926
Median Household Income
$51,673
Median Earnings
$2,232
Median Rent
$754,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - A level infill parcel with utilities on site and an existing structure offers a redevelopment opportunity.
Where is this commercial land located?
The property is located at 409 W Bonita San Dimas, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 0.50‑acre parcel totaling 21,772 square feet; Existing 3,116 SF building, constructed in 1977; Utilities on site
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