Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9197 Central Ave Montclair, CA 91763

    Property Lookup

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

    9197 Central Ave Montclair, CA 91763

    View on Map
    • Retail properties & Spaces
    • 28,003 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BRS facial spa / Spa & Massage Center / Skin Care Clinic
    • Plus Garage Door Repair / Corporate Office
    • Act Like You Nomi Lashes MUA / Hair Salon / Nail Salon
    • Revive MedSpa and Wellness / Spa & Massage Center / Alternative Medicine Practice
    • Hertz Car Rental - Montclair - Central Avenue HLE / Car Rental Facility

    Property Details for 9197 Central Ave

    Property size
    28,003 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located at 9197 Central Avenue in Montclair, California, within the Inland Empire submarket. The property, known as Montclair Plaza East, offers a total of 28,003 square feet of retail space, with three individual spaces currently available. Each space offers a minimum of 3,981 square feet, with a maximum contiguous space also at 3,981 square feet. The total vacant space available is 3,981 square feet. The property is conveniently situated near the intersection of I-10 and Central/Moreno Avenues, providing excellent visibility and accessibility. The property's Assessed Parcel Number (APN) is 1008-201-17 through 20, and it is located in San Bernardino County, CA, zip code 91763. This multi-tenant retail center presents a unique opportunity for businesses seeking high-traffic locations within a thriving community. The property's strategic location and ample space make it ideal for a variety of retail uses. Contact us today to learn more about this exciting opportunity.

    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
    -117.688
    Latitude
    34.0867

    Comparable in this City

    • Value Estimation by Request

      8801-8891 Central Ave

      Retail properties & Spaces
      8801-8891 Central Ave, Montclair, CA 91763
      View Details
    • Value Estimation by Request

      4432 Holt Blvd

      Neighborhood centers
      4432 Holt Blvd, Montclair, CA 91763
      View Details
    • Value Estimation by Request
      18,800 SF

      9680 Central Ave

      Retail properties & Spaces • 18,800 SF
      9680 Central Ave, Montclair, CA 91763
      View Details
    • Value Estimation
      $16,835,000
      171,530 SF

      5000 Montclair Plz Ln

      DEPARTMENT STORE • 171,530 SF
      5000 Montclair Plz Ln, Montclair, CA 91763-1524
      View Details
    • Value Estimation by Request
      3,950 SF

      5212 Moreno St

      Restaurants • 3,950 SF
      5212 Moreno St, Montclair, CA 91763
      View Details
    • Value Estimation by Request
      32,568 SF

      9137 Central Ave

      Lifestyle centers • 32,568 SF
      9137 Central Ave, Montclair, CA 91763
      View Details

    Similar Nearby for Sale

    • $7,700,000
      3,677 SF

      Express Car Wash on Corner

      Established express car wash on a highly visible corner lot.
      10805 Ramona Ave, 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

    Similar Nearby for Lease

    • Contact for pricing

      Retail Property in Montclair

      Retail property located in Montclair, California, currently 100% leased.
      5275 Holt Blvd, Montclair, CA 91763
      View Details
    • Contact for pricing

      Montclair Retail Anchor Space Available

      Anchor and drive-thru spaces for lease in Montclair, California.
      5280 Arrow Hwy, Montclair, CA 91763
      View Details
    • $11,100 /Mo
      7,400 SF

      Montclair Flex Space For Lease

      7,400 SF versatile commercial space suitable for various uses.
      4771 Holt Blvd, Montclair, CA 91763
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Montclair, California.
      4545 Mission Blvd, Montclair, CA 91763
      View Details
    • Contact for pricing

      Retail Center Near I-10 Freeway

      Retail center near I-10 freeway and Montclair Place mall.
      9680 Central 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.
    9197 Central 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!