Warehouse Condo with Roll-Up
New
For Sale
$968,000
Pending
909 S Cucamonga, Ontario, CA 91761
Industrial condo with warehouse space, a reception area, bathroom, and high ceilings.
Property Size2,161 SF
Days on Market3
Property Features for 909 S Cucamonga
General Information
Standard status
Pending
Size
2,161 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Drive-In Doors
1
Amenities
Signage available
Building Details
Building Size
2,161 SF
Year Built
2007
Listed By:
Eddie Li
(626) 757-9705
Source:
Elliman
Added: Sep 11
Last Checked: Sep 13 at 7:47AM
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 Eddie Li
Investment Insights
Based on property information with market context.
This warehouse condominium provides approximately 2,161 square feet within a business park built in 2007. The predominantly warehouse layout includes a reception area and bathroom, along with high ceilings and a ground-level roll-up door that supports practical loading and access.
The property is located at 909 S Cucamonga in Ontario, within a maintained business park offering available signage. Access to major transportation corridors adds connectivity for warehouse and light industrial operations. Walk Score is 44, Bike Score is 43, and Transit Score is 31.
The property is located at 909 S Cucamonga in Ontario, within a maintained business park offering available signage. Access to major transportation corridors adds connectivity for warehouse and light industrial operations. Walk Score is 44, Bike Score is 43, and Transit Score is 31.
Key Highlights
- Approximately 2,161 SF warehouse condominium
- Built in 2007
- High ceilings and ground‑level roll‑up door
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
$32,345
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
3.34%
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%
$646,900
$646.9K
Cap Rate 7%
$462,071
$462.1K
Cap Rate 9%
$359,389
$359.4K
Market Conditions
NOI Build-Up for 2,161 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
$41.2K $19.08/SF
− Vacancy
−$3.2K −$1.47/SF
EGI
$38.1K $17.61/SF
− OpEx
−$5.7K −$2.64/SF
NOI
$32.3K $14.97/SF
Area
Ontario, CA
Vacancy
7.71%
Lease Rate
$19.08 /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%
$646,900
Cap Rate 7%
$462,071
Cap Rate 9%
$359,389
Alternative Uses
Best Use
Warehouse
$462.1K
$404.3K – $539.1K
NOI $32,345 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$558.9K
$489.0K – $652.1K
NOI $39,123 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91761, CA
60,306
Population
18,309
Households
3.3
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
28.5 sq mi
ZIP Area
2,116
Density / Sq Mi
$97,396
Median Household Income
$44,493
Median Earnings
$2,015
Median Rent
$590,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SecurCare Self Storage — 1661 S Campus Ave, Ontario, CA 91761
- Nationwide Logistics — 1633 S Campus Ave, Ontario, CA 91761
- Ldk Logistics Llc — 1510 S Bon View Ave, Ontario, CA 91761
- A&A Kings A Logistics Company — 1027 E Acacia St, Ontario, CA 91761
- Partners Alliance Cold — 630 e california st, ontario, ca 91761
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial condo with warehouse space, a reception area, bathroom, and high ceilings.
Where is this warehouse located?
The property is located at 909 S Cucamonga Ontario, CA.
What is the asking price?
The asking price for this property is $968,000.
What are key features of this property?
This property features: Approximately 2,161 SF warehouse condominium; Built in 2007; High ceilings and ground‑level roll‑up door
