Highland Industrial Building For
27437 5th Street Highland, CA 92346
For Sale
Contact for pricing
Versatile industrial building with 9 units in Highland, CA.
Property Size10,880 SF
Lot Size0.69 Acres
Price / SF$193.01
Days on Market732
Property Features for 27437 5th Street
General Information
Standard status
Active
Size
10,880 SF
Lot size
0.69 Acres
Property subtype
Special Purpose, Land
Listing Agency:
CENTURY 21 Top Producers
(951) 906-3800
Listed By:
Michael Stoffel · License #CA
Source:
Crexi
Added: Jul 27, 2024
Changed: Jul 10
Last Checked: Jul 28 at 4:16AM
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 Top Producers
Investment Insights
Based on property information with market context.
Located in Highland, California, this industrial building offers 10,880 square feet of space divided into 9 units. The property is situated on a 29,877 square foot lot. Its location provides convenient access to major highways, specifically north of I-10, west of CA SR-210, east of CA SR-215, and south of CA SR-210. The building is positioned to benefit from Highland’s 5th Street and 3rd Street Corridor Improvement project, which seeks to improve connections to the San Bernardino International Airport Logistics hub and various distribution centers.
Key Highlights
- Versatile industrial building with 9 units totaling 10,880 sqft, ideal for multiple tenants.
- Located in Highland, part of the Inland Empire East region of Southern California.
- 29,877 sqft lot size.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.8k | $12.48 |
| − Vacancy | −$8.1k | −$0.75 |
| EGI | $127.6k | $11.73 |
| − OpEx | −$38.3k | −$3.52 |
| NOI | $89.3k | $8.21 |
10,880 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,345 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,648 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - Versatile industrial building with 9 units in Highland, CA.
Where is this industrial property located?
The property is located at 27437 5th Street Highland, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Versatile industrial building with 9 units totaling 10,880 sqft, ideal for multiple tenants.; Located in Highland, part of the Inland Empire East region of Southern California.; 29,877 sqft lot size.
