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    1421 Dr Colton, CA 92324

    • Office Properties & Spaces
    • 515 SF
    • 0.86 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1421 Dr

    Year built
    1979
    Lot size
    0.86 lot acres
    Property size
    515 SF
    Property type
    Office Properties & Spaces

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colton
    County
    San Bernardino
    State
    California
    Longitude
    -117.322
    Latitude
    34.0594

    Comparable in this City

    • Value Estimation
      $2,245,000
      15,058 SF

      250 Laurel St

      OFFICE (GENERAL) • 15,058 SF
      250 Laurel St, Colton, CA 92324-1435
      View Details
    • Value Estimation by Request
      1.29 Acres

      1461 Cooley Dr

      Medical offices • 40,119 SF
      1461 Cooley Dr, Colton, CA 92324
      View Details
    • Value Estimation by Request
      600 SF

      580 Vly Blvd

      OFFICE (GENERAL) • 600 SF
      580 Vly Blvd, Colton, CA 92324
      View Details
    • Value Estimation by Request
      3,140 SF

      1377 La Cadena Dr

      OFFICE (GENERAL) • 3,140 SF
      1377 La Cadena Dr, Colton, CA 92324-2416
      View Details
    • Value Estimation by Request
      315 SF

      1421 Dr Unit 15

      Office Properties & Spaces • 315 SF
      1421 Dr Unit 15, Colton, CA 92324
      View Details
    • Value Estimation by Request
      21,123 SF

      1001 Mount Vernon Ave

      Office space • 21,123 SF
      1001 Mount Vernon Ave, Colton, CA 92324
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      515 SF

      1421 Dr, Colton, CA 92324

      Office Properties & Spaces • 515 SF
      1421 Dr, Colton, CA 92324
      View Details
    • Contact for pricing
      315 SF

      1421 Dr Unit 15, Colton, CA 92324

      Office Properties & Spaces • 315 SF
      1421 Dr Unit 15, Colton, CA 92324
      View Details
    • $1,690,000
      8,286 SF

      Office Building with Warehouse Space

      Stand-alone office building with warehouse, ideal for owner-user or investment.
      575 E Carreon Dr, Colton, CA 92324
      View Details
    • $8,990,000
      30,000 SF

      Medical Office Building For Sale

      Medical office building available for purchase.
      1405 W Valley Blvd, Colton, CA 92324
      View Details
    • $850,000

      Renovated Colton Office Building For Sale

      Renovated office building in Colton, ideal for various business uses.
      1377 N La Cadena Dr, Colton, CA 92324
      View Details
    • $850,000
      3,140 SF

      Renovated Colton Office Building For Sale

      Versatile, renovated 3,140 sq ft office building on 0.28-acre lot.
      1377 N La Cadena Dr, Colton, CA 92324
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      31,124 SF

      Rancho Las Palomas Medical Office

      Colton, CA Medical Office Building - Fully Vacant
      1060 Washington St, Colton, CA 92324
      View Details
    • $1,128 /Mo
      752 SF

      Retail/Office Space in Colton Plaza

      Retail or office spaces available for lease in Colton, CA.
      190 W H St, Colton, CA 92324
      View Details
    • $1.35 SF/Yr
      65,745 SF

      Colton Office Space For Rent

      High-quality business park with excellent freeway access.
      760 790 & 850 Via, Colton, CA 92324
      View Details
    • Contact for pricing
      3,140 SF

      Versatile Colton Office Building For Lease

      Single-story office building in Colton, CA, perfect for various uses.
      1377 N La Cadena Dr, Colton, CA 92324
      View Details
    • $10 SF/Yr
      21,123 SF

      Mount Vernon Plaza: Colton Office Space

      Flexible Office & Industrial Space in Colton, CA
      1001 Mount Vernon Ave, Colton, CA 92324
      View Details
    • $17 SF/Yr
      16,669 SF

      Cooley Executive Plaza: Colton, CA

      Prime Colton Office Space: Multiple Suites Available
      1430 Cooley Dr, Colton, CA 92324
      View Details
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    1421 Dr
    Colton, CA 92324
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    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
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