Office Building with
For Sale
$1,690,000
Pending
575 E Carreon Dr, Colton, CA 92324
Stand-alone office building with warehouse, fenced, upgraded, and ample parking.
Property Size8,286 SF
Lot Size0.42 Acres
Days on Market222
Property Features for 575 E Carreon Dr
General Information
Standard status
Pending
Size
8,286 SF
Lot size
0.42 Acres
Property subtype
Commercial
Building Details
Building Size
8,286 SF
Year Built
1961
Listing Agency:
Century 21 Experience
Listed By:
Malissa Tarman · License #01915116
(909) 609-4434
Source:
Elliman
Added: Mar 12
Changed: Oct 11
Last Checked: Oct 16 at 10:06AM
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 Century 21 Experience
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Investment Insights
Based on property information with market context.
This stand-alone office building includes a warehouse and is fully fenced with wrought iron and an electric gate. The building has been recently painted inside and out and features mature landscaping. Inside, there are several large private offices, a large conference room with a table and chairs, a reception area with a half bath, and a break room with a small kitchenette. A full bath with a shower is located in the common space, and there is another large private office with its own bath. The warehouse has two roll-up doors, 13-foot ceilings, and storage cabinets. A private, separate office and a kitchen are located inside the warehouse. The warehouse also has a second-story mezzanine measuring 1835 square feet for storage, which is not included in the total square footage of the building. The main offices have been upgraded to LED lighting, and the building has an extensive phone system, computer network system, and security system. Covered parking is available, along with yard and parking space behind the gate. The building shares the parking lot with the community center, providing additional parking outside the gate. This property presents an opportunity for owner-occupancy or investment as a rental property.
Key Highlights
- Stand‑alone office building with warehouse
- Fully fenced property with wrought iron and electric gate
- Warehouse with two roll‑up doors, 13‑foot ceilings, storage cabinets, private office, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,043
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,860
$1.4M
Cap Rate 7%
$972,043
$972.0K
Cap Rate 9%
$756,033
$756.0K
Market Conditions
NOI Build-Up for 8,286 SF
Gross rent
$103.4K $12.48/SF
− Vacancy
−$6.2K −$0.75/SF
EGI
$97.2K $11.73/SF
− OpEx
−$29.2K −$3.52/SF
NOI
$68.0K $8.21/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,860
Cap Rate 7%
$972,043
Cap Rate 9%
$756,033
Alternative Uses
Best Use
Industrial
$972.0K
$850.5K – $1.13M
NOI $68,043 @ 7.0% cap · market cap 4.03%
Second Best
Flex RnD
$902.6K
$789.8K – $1.05M
NOI $63,183 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,347 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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- Beau’s Snack Bar — 1013 Virginia Ave, Colton, CA 92324
Frequently Asked Questions
What type of property is this?
Flex space - Stand-alone office building with warehouse, fenced, upgraded, and ample parking.
Where is this flex space located?
The property is located at 575 E Carreon Dr Colton, CA.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Stand‑alone office building with warehouse; Fully fenced property with wrought iron and electric gate; Warehouse with two roll‑up doors, 13‑foot ceilings, storage cabinets, private office, and kitchen
