For Sale
$965,660
7035 7045 Palm, Highland, CA 92346
Office buildings
Property Size3,644 SF
Price / SF$265
Days on Market213
Property Features for 7035 7045 Palm
General Information
Standard status
Active
Size
3,644 SF
Property subtype
Commercial
Building Details
Building Size
3,644 SF
Year Built
1971
Listing Agency:
TOWER AGENCY
Listed By:
MICHAEL STOFFEL · License #01322027
(951) 906-3800
Source:
Elliman
Added: Mar 26
Changed: Oct 8
Last Checked: Oct 23 at 10:01AM
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 TOWER AGENCY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,891
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,820
$857.8K
Cap Rate 7%
$612,729
$612.7K
Cap Rate 9%
$476,567
$476.6K
Market Conditions
NOI Build-Up for 3,644 SF
Gross rent
$62.1K $17.04/SF
− Vacancy
−$4.9K −$1.35/SF
EGI
$57.2K $15.69/SF
− OpEx
−$14.3K −$3.92/SF
NOI
$42.9K $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%
$857,820
Cap Rate 7%
$612,729
Cap Rate 9%
$476,567
Alternative Uses
Best Use
Office B
$612.7K
$536.1K – $714.9K
NOI $42,891 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$768.6K
$672.6K – $896.8K
NOI $53,805 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
Demographics for 92346, CA
57,812
Population
18,075
Households
3.2
Avg Household Size
36
Median Age
25%
College-Educated
84%
High-School Grad
27.1 sq mi
ZIP Area
2,133
Density / Sq Mi
$84,818
Median Household Income
$40,066
Median Earnings
$1,654
Median Rent
$461,500
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
Frequently Asked Questions
Where is this office building located?
The property is located at 7035 7045 Palm Highland, CA.
What is the asking price?
The asking price for this property is $965,660.
What are key features of this property?
This property features: No property information was provided to extract selling points.
