Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    841 E San Bernardino Rd Covina, CA 91723

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Warehouse with major street frontage and convenient freeway access.

    Type:Industrial
    Property size:
    5,276 SF
    Added:
    Aug 21, 2024
    Days on Market:
    606
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 841 E San Bernardino Rd

    General Information

    Standard status
    Active
    Size
    5,276 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Rene Ramos, Jr.

    Listing agent Rene Ramos, Jr. License #CA 01836872

    Listing office KW Commercial Inland Empire

    Listing date Aug 21, 2024

    Source Crexi

    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

    Overview

    Covina Warehouse with Street Frontage

    This warehouse property is located in the City of Covina, with major street frontage on San Bernardino Rd, which sees approximately 10,700 vehicles per day. The property is situated just south of the I-210 Freeway, directly off of Grand Ave, and minutes from the I-10 Freeway. The property features HVAC throughout both the office and warehouse areas. It has a total of 600 AMPS of power throughout the property. The zoning is M1; verification with the City of Covina is recommended. Equipment and machinery are available for purchase. The property size is 5276 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cameron Properties — 973 E Badillo St, Covina, CA 91724
    • Vinny’s Garage — 753 E Edna Pl, Covina, CA 91723
    • Public Storage — 1330 Cypress St, Covina, CA 91724
    • Los Angeles Warehouse — 804 E Edna Pl, Covina, CA 91723

    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.8737439
    Latitude
    34.0917379

    Nearby Similar for Sale

    • $1,485,000
      4,814 SF

      Versatile Office & Retail Building

      High-traffic Covina building with office and retail spaces for sale.
      1051 N Citrus Avenue, Covina, CA 91722
      View Details
    • $2,100,000
      3,565 SF

      Covina Retail Center For Sale

      Multi-tenant retail center in Covina with high visibility.
      1319 N Grand Avenue, Covina, CA 91724
      View Details
    • $1,199,000
      3,072 SF

      Covina Quadruplex Investment Opportunity

      Well-kept four-unit multifamily property in Covina with upside potential.
      206 N Grandview, Covina, CA 91723
      View Details
    • $1,050,000
      1,920 SF

      Covina Duplex on R3 Lot

      Two single-family houses on one lot, ideal for various uses.
      231 E Dexter Street, Covina, CA 91723
      View Details
    • $2,000,000
      5,400 SF

      Covina Commercial Property For Sale

      Commercial property in Covina, CA, ideal for investment or redevelopment.
      248 E Rowland Street, Covina, CA 91723
      View Details
    • $1,350,000
      4,330 SF

      Covina Mixed-Use Commercial Asset

      Mixed-use commercial building in Covina, offering income and redevelopment potential.
      156 W Badillo -160, Covina, CA 91723
      View Details
    • $5,300,000
      13,268 SF

      Covina Garden Apartment Buildings

      Multi-residential buildings in excellent Covina community near downtown.
      445 W Front Street, Covina, CA 91723
      View Details
    • $2
      6,295 SF

      Freestanding Office Building For Sale

      6,295 SF office building with secured parking.
      845 S Oak Park Rd, Covina, CA 91724
      View Details
    • $2,380,000
      4,660 SF

      Covina NNN Investment Opportunity

      Single tenant NNN investment opportunity with national credit tenant.
      241 S Citrus Ave, Covina, CA
      View Details
    • $899,000
      2,976 SF

      Remodeled Freestanding Building For Sale

      Freestanding, remodeled building with office and flex space.
      578-580 E San Bernardino Rd, Covina, CA
      View Details
    • $1.50
      20,744 SF

      Eastland Professional Building For Sale

      Two-story office buildings with recent upgrades and ample parking.
      271-281 E Workman St, Covina, CA 91723
      View Details
    • $1.80
      14,941 SF

      Freestanding Office Building in Covina

      Two-story office building with modern amenities and freeway access.
      1211 Center Court Drive, Covina, CA 91724
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse with major street frontage and convenient freeway access.
    Where is this warehouse located?
    The property is located at 841 E San Bernardino Rd Covina, CA.
    What are key features of this property?
    This property features: Major street frontage on San Bernardino Rd. with high visibility (± 10,700 vehicles per day); High power: **600 AMPS total throughout property**; Located just South of the I‑210 Freeway, directly off of Grand Ave., minutes from the I‑10 Freeway
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rene Ramos, Jr.
    Real Estate License ID: CA 01836872
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!