Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    221-299 Allen Ave San Dimas, CA 91773
    Back to Search
    Property profile & analytics

    221-299 Allen Ave, San Dimas, CA 91773

    View on Map
    • Warehouses
    • 79,178 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 221-299 Allen Ave

    Year built
    1979
    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional industrial property, located at 221-299 W Allen Ave, San Dimas, CA 91773, offers a variety of warehouse and manufacturing spaces for lease. Situated in the Pomona submarket of Los Angeles County, this Class C property boasts a total of 79,178 square feet, with multiple tenancies available. Units range from a minimum of 1,232 square feet to a maximum contiguous space of 1,728 square feet, with a total of 4,928 square feet currently vacant. The building, constructed in 1979, features a desirable 15-foot ceiling height, perfect for various industrial uses. Convenient access is provided by two drive-in doors. The property includes six parking spaces and is served by 3-phase power. While elevators are not available, the property's zoning is M-1, and the APN is 8392-012-023. The property is conveniently located near the intersection of N San Dimas Ave and W Allen Ave. This versatile space is ideal for businesses seeking flexible and functional warehouse or manufacturing space in a prime Los Angeles County location. Inquire today to learn more about the available units and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Dimas
    County
    Los Angeles
    State
    California
    Longitude
    -117.811
    Latitude
    34.118

    Comparable in this City

    • Value Estimation by Request
      35,996 SF

      109-155 Arrow Hwy

      Distribution properties
      109-155 Arrow Hwy, San Dimas, CA 91773
      View Details
    • Value Estimation by Request
      24,948 SF

      519-525 Terrace Dr

      Manufacturing properties
      519-525 Terrace Dr, San Dimas, CA 91773
      View Details
    • Value Estimation by Request
      16,225 SF

      210 Arrow Hwy

      Distribution properties
      210 Arrow Hwy, San Dimas, CA 91773
      View Details
    • Value Estimation by Request
      20,042 SF

      Arrow Hwy And Cienega Ave

      Distribution properties
      0 Arrow Hwy And Cienega Ave, San Dimas, CA 91773
      View Details
    • Value Estimation
      $595,000
      4,725 SF

      1016 Amelia Ave

      DISTRIBUTION WAREHOUSE
      1016 Amelia Ave, San Dimas, CA 91773
      View Details
    • Value Estimation by Request
      26,500 SF

      281 Allen Ave

      Manufacturing properties
      281 Allen Ave, San Dimas, CA 91773
      View Details

    Similar Nearby for Sale

    • $1,515,000

      Freeway Frontage Warehouse For Sale

      Warehouse with freeway frontage and excellent access to major freeways.
      949 Cataract St, San Dimas, CA 91773
      View Details
    • Contact for pricing
      24,948 SF

      San Dimas Warehouse For Sale

      Freeway accessible warehouse with office space available for sale.
      519-525 W Terrace Dr, San Dimas, CA 91773
      View Details
    • Contact for pricing
      24,400 SF

      Industrial Property with Freeway Access

      Two-building industrial property with immediate freeway access.
      155 N Eucla Ave, San Dimas, CA 91773
      View Details
    • Contact for pricing

      Industrial/Office Suites with Freeway Access

      Industrial/office suites with excellent freeway access and professional environment.
      300 E Walnut Ave, San Dimas, CA 91773
      View Details
    • Contact for pricing
      168,745 SF

      San Dimas Industrial Building

      168,745 SF industrial building on 8.3 acres.
      300 East Arrow Hwy, San Dimas, CA 91773
      View Details
    • Contact for pricing

      Industrial/R&D/Office Complex For Sale

      Master planned industrial complex with suites and highway access.
      301 E Arrow Hwy, San Dimas, CA 91773
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      San Dimas Warehouse Spaces Available

      Small warehouse spaces available in San Dimas, California.
      221-299 W Allen Ave, San Dimas, CA 91773
      View Details
    • Contact for pricing
      13,489 SF

      San Dimas Freestanding Flex Building

      Freestanding flex building with offices and fenced yard for lease.
      425 Borrego Ct, San Dimas, CA 91773
      View Details
    • $1.65 SF/Yr
      1,728 SF

      San Dimas Warehouse Space

      90,852 sqft warehouse space available for lease.
      221-299 N Cataract Ave, San Dimas, CA 91773
      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.
    221-299 Allen Ave
    San Dimas, CA 91773
    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

    Thank You for Inquiry
    221-299 Allen Ave, San Dimas, CA, 91773
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!