Flex Building With Warehouse
New
For Sale
$595,000
691 E Valley Blvd, Colton, CA 92324
Mixed office and warehouse configuration with rear loading, fenced outdoor area, and C-2/D general commercial zoning.
Property Size3,200 SF
Lot Size0.15 Acres
Price / SF$185.94
Days on Market1
Property Features for 691 E Valley Blvd
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
10
Lot size
0.15 Acres
Property subtype
Commercial
Zoning
C-2/D
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Clear Height
12 ft
Building Details
Building Size
3,200 SF
Year Built
1970
Listing Agency:
DEBRA HANNA BROKER
Listed By:
Debra Hanna · License #01473392
(909) 528-2512
Source:
Elliman
Added: Sep 10
Last Checked: Sep 10 at 2:50PM
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 DEBRA HANNA BROKER
Investment Insights
Based on property information with market context.
This 3,200-square-foot flex property sits on a 6,500-square-foot lot and combines office and warehouse areas in roughly equal portions. The front office includes air conditioning, while the rear warehouse has a sliding door and a 12-foot ceiling. The site is fenced, includes alley access, and has ample power, with the ability to add 3-phase service. Parking includes 8-10 stalls at the rear, subject to city verification, plus street parking along the front.
Located at 691 E Valley Blvd in Colton, the property fronts Valley Boulevard, a main thoroughfare running parallel to the 10 FRWY, with some visibility from the freeway. The C-2/D general commercial zoning is associated with uses including distribution, shop, retail, event hall, restaurant, nightclub, sales, office, parts sales, and discount store uses; all proposed uses should be confirmed with the city.
Located at 691 E Valley Blvd in Colton, the property fronts Valley Boulevard, a main thoroughfare running parallel to the 10 FRWY, with some visibility from the freeway. The C-2/D general commercial zoning is associated with uses including distribution, shop, retail, event hall, restaurant, nightclub, sales, office, parts sales, and discount store uses; all proposed uses should be confirmed with the city.
Key Highlights
- 3,200 SF building on a 6,500 SF lot
- Office and warehouse areas with a rear sliding warehouse door
- 12' ceiling and ample power; buyer can add 3 phase
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
$31,909
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
5.36%
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%
$638,180
$638.2K
Cap Rate 7%
$455,843
$455.8K
Cap Rate 9%
$354,544
$354.5K
Market Conditions
NOI Build-Up for 3,200 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
$39.9K $12.48/SF
− Vacancy
−$2.4K −$0.75/SF
EGI
$37.5K $11.73/SF
− OpEx
−$5.6K −$1.76/SF
NOI
$31.9K $9.97/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /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%
$638,180
Cap Rate 7%
$455,843
Cap Rate 9%
$354,544
Alternative Uses
Best Use
Warehouse
$455.8K
$398.9K – $531.8K
NOI $31,909 @ 7.0% cap · market cap 5.36%
Second Best
Industrial
$375.4K
$328.5K – $438.0K
NOI $26,278 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$675.0K
$590.6K – $787.5K
NOI $47,250 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Mixed office and warehouse configuration with rear loading, fenced outdoor area, and C-2/D general commercial zoning.
Where is this flex space located?
The property is located at 691 E Valley Blvd Colton, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3,200 SF building on a 6,500 SF lot; Office and warehouse areas with a rear sliding warehouse door; 12' ceiling and ample power; buyer can add 3 phase
