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Windowed Office Unit
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4959 Palo Verde Street #100A-5, Montclair, CA 91763

A compact office suite offers an open work area suited to two people.

Property Size172 SF
Price / SF$3.49
Days on Market15

Property Features for 4959 Palo Verde Street #100A-5

General Information

Standard status Active
Size 172 SF
Net Rentable 172 SF
Property subtype Office

Additional Details

Floor 1st floor
Highway Access Yes
Property Use Office

Building Details

Year Built 1980
Construction court yard style
Listing Agency: Macromaster
Listed By: Wenny Chang · License #01203928
Source: Jackmarealestate
Added: Oct 16 Changed: Oct 28 Last Checked: Oct 28 at 3:35PM

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 Macromaster

Rey
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Investment Insights

Based on property information with market context.

This 172-square-foot office suite has an open work area, large windows, and vinyl flooring. The building offers office zoning, with potential uses listed including medical, legal, insurance, education, studio, and real estate services.

The property is near the Monte Vista Avenue exit from Highway 10. Nearby destinations named include Montclair Mall, a hospital, a medical center, Costco, City Hall, and the post office.

Key Highlights

  • 172 rentable square feet with an open work area for two people
  • Large windows and vinyl flooring
  • Office zoning; potential uses listed include medical, legal, insurance, education, studio, and real estate services

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,025
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,500 $40.5K
Cap Rate 7%
$28,929 $28.9K
Cap Rate 9%
$22,500 $22.5K
Market Conditions
NOI Build-Up for 172 SF
Gross rent
$2.9K $17.04/SF
− Vacancy
−$232 −$1.35/SF
EGI
$2.7K $15.69/SF
− OpEx
−$675 −$3.92/SF
NOI
$2.0K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,500
Cap Rate 7%
$28,929
Cap Rate 9%
$22,500

Alternative Uses

Best Use
Office B
$28.9K
$25.3K – $33.8K (±1% cap)
NOI $2,025 @ 7.0% cap · market cap 337.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$36.3K
$31.8K – $42.3K (±1% cap)
NOI $2,540 @ 7.0% cap · market cap 423.33%
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

PanAmerica Tax Tax Preparation Lawrence Wholesale LLC Butcher HMR Property Management Property Management Company Pros Medical Clinic Medical Clinic Joscelyn C. Washington, ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Garden Center Electrical Service Locksmith

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,322
Businesses Nearby

Demographics for 91763, CA

37,631
Population
10,557
Households
3.6
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
5.3 sq mi
ZIP Area
7,100
Density / Sq Mi
$77,627
Median Household Income
$37,787
Median Earnings
$1,767
Median Rent
$550,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A compact office suite offers an open work area suited to two people.
Where is this office unit located?
The property is located at 4959 Palo Verde Street #100A-5 Montclair, CA.
What are key features of this property?
This property features: 172 rentable square feet with an open work area for two people; Large windows and vinyl flooring; Office zoning; potential uses listed include medical, legal, insurance, education, studio, and real estate services
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Includes: Price & PSF · Cap rate · Location · Zoning

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