Warehouse with Grade-Level
For Sale
$1,100,000
417 W State, Ontario, CA 91762
Freestanding warehouse with a small office plus paved, secured yard and high clear height for efficient operations.
Property Size3,000 SF
Price / SF$366.67
Days on Market45
Property Features for 417 W State
General Information
Standard status
Active
Size
3,000 SF
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
16 ft
Office Build-Out
150 SF
Drive-In Doors
8
Building Details
Year Built
2016
Buildings
1
Listing Agency:
KW Commercial Inland Empire
Listed By:
RENE RAMOS JR · License #01836872
(909) 980-6868
Source:
Myfabuloushome
Added: Jul 28
Changed: Sep 8
Last Checked: Sep 9 at 8:51PM
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 KW Commercial Inland Empire
Investment Insights
Based on property information with market context.
This freestanding warehouse offers 1,500? No—PropertySize is 3,000 SQUARE_FEET, and the offering includes 150 SF office space. The building is served by eight grade level doors and features a 16' clear height, supporting a range of distribution and light industrial uses. A paved and secured yard is included to support staging and storage needs.
The property is centrally located between 10 and 60 freeways, providing convenient regional connectivity for tenants and customers.
With its combination of grade-level access, interior clear height, and an outdoor secured yard, the space is well suited for businesses seeking a straightforward warehouse configuration with on-site office area.
The property is centrally located between 10 and 60 freeways, providing convenient regional connectivity for tenants and customers.
With its combination of grade-level access, interior clear height, and an outdoor secured yard, the space is well suited for businesses seeking a straightforward warehouse configuration with on-site office area.
Key Highlights
- 3,000 SF freestanding warehouse building
- 150 SF office space
- Eight grade level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,903
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$898,060
$898.1K
Cap Rate 7%
$641,471
$641.5K
Cap Rate 9%
$498,922
$498.9K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$57.2K $19.08/SF
− Vacancy
−$4.4K −$1.47/SF
EGI
$52.8K $17.61/SF
− OpEx
−$7.9K −$2.64/SF
NOI
$44.9K $14.97/SF
Area
Ontario, CA
Vacancy
7.71%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$898,060
Cap Rate 7%
$641,471
Cap Rate 9%
$498,922
Alternative Uses
Best Use
Warehouse
$641.5K
$561.3K – $748.4K
NOI $44,903 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$775.9K
$678.9K – $905.2K
NOI $54,313 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
8
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91762, CA
62,524
Population
20,163
Households
3.1
Avg Household Size
34
Median Age
21%
College-Educated
77%
High-School Grad
14.3 sq mi
ZIP Area
4,372
Density / Sq Mi
$76,289
Median Household Income
$40,085
Median Earnings
$1,752
Median Rent
$568,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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- Mountain Avenue Self Storage — 630 S Mountain Ave, Ontario, CA 91762
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with a small office plus paved, secured yard and high clear height for efficient operations.
Where is this warehouse located?
The property is located at 417 W State Ontario, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,000 SF freestanding warehouse building; 150 SF office space; Eight grade level doors
