Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8880 Ave Montclair, CA 91763

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8880 Ave Montclair, CA 91763

    View on Map
    • Office properties & Spaces
    • 28,267 SF
    • 2.04 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 8880 Ave

    Year built
    1984
    Lot size
    2.04 lot acres
    Property size
    28,267 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 1,741 square foot office suite is situated in a well-maintained, multi-tenant business park at 8880 Avenue, Montclair, CA. Located in a prime corner unit with Benson Avenue frontage, this space offers excellent visibility and accessibility. The suite boasts a modified gross lease structure with a competitive rental rate of $1.35 per square foot, plus $0.12 per square foot for common area maintenance (CAM). The lease term is negotiable, providing flexibility for potential tenants. The property features ample parking with a ratio of 3.38 spaces per 1,000 square feet. The space is immediately available, with possession possible within 30 days. The interior layout is highly functional, encompassing multiple private offices, an open workspace area, and a dedicated reception area, ideal for a variety of business needs. High-speed internet access is readily available via Frontier Fios. The larger business park sits on a 2.04-acre lot, offering a substantial and well-established presence in the Montclair commercial market. The entire building totals 28,267 square feet. Convenient access to the 10 and 210 freeways ensures easy commuting for employees and clients. This is a rare opportunity to secure a well-appointed office suite in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    San Bernardino
    State
    California
    Longitude
    -117.697
    Latitude
    34.0727

    Comparable in this City

    • Value Estimation by Request
      9,800 SF

      9635 Ave Unit 204

      Office properties & Spaces • 9,800 SF
      9635 Ave Unit 204, Montclair, CA 91763
      View Details
    • Value Estimation by Request
      912 SF

      9661 Central Ave

      OFFICE (GENERAL) • 912 SF
      9661 Central Ave, Montclair, CA 91763-2426
      View Details
    • Value Estimation
      $710,000
      2,139 SF

      5391 Holt Blvd

      OFFICE (GENERAL) • 2,139 SF
      5391 Holt Blvd, Montclair, CA 91763-4527
      View Details
    • Value Estimation by Request
      1,660 SF

      4950 San Bernardino St Ste, Unit 107

      CONDOMINIUM OFFICES • 1,660 SF
      4950 San Bernardino St Ste, Montclair, CA 91763-2328
      View Details
    • Value Estimation by Request
      2,565 SF

      5551 State St

      OFFICE (GENERAL) • 2,565 SF
      5551 State St, Montclair, CA 91763-6240
      View Details
    • Value Estimation by Request
      1,183 SF

      4950 San Bernardino St Ste, Unit 201

      CONDOMINIUM OFFICES • 1,183 SF
      4950 San Bernardino St Ste, Montclair, CA 91763-2328
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,800 SF

      Montclair Medical Office Suite Lease

      Move-in ready medical office suite, prime location.
      9635 Ave Unit 204, Montclair, CA 91763
      View Details
    • $2,100,000
      4,785 SF

      Montclair Retail Investment Opportunity

      Value-add retail center in Montclair, California with investment and owner-user potential.
      10340-10368 Central Ave, Montclair, CA 91763
      View Details
    • Contact for pricing

      Versatile Commercial Units For Sale

      Affordable commercial units suitable for various businesses with ample parking.
      4439 Mission Blvd, Montclair, CA 91763
      View Details
    • $549,000
      1,000 SF

      Medical Office Condo Near Hospital

      Medical office condo for sale near Montclair Hospital.
      4950 San Bernardino St, Montclair, CA 91763
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Montclair Medical Office Suite

      Well-maintained medical office near Montclair Hospital, offering modern interiors.
      4950 San Bernardino St, Montclair, CA 91763
      View Details
    • Contact for pricing

      Montclair Medical Office Suite

      Medical office suite available for lease in Montclair, CA.
      9675 Monte Vista Ave, Montclair, CA 91763
      View Details
    • Contact for pricing
      1,704 SF

      Montclair Flex Industrial Park Units

      Flex industrial units available with immediate freeway access.
      8920 Vernon Ave, Montclair, CA 91763
      View Details
    • Contact for pricing

      Highly Visible Corner Office Unit

      Office unit at a signalized corner with ample parking.
      8880 Benson Ave, Montclair, CA 91763
      View Details
    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.
    8880 Ave
    Montclair, CA 91763
    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!