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Property profile

1115 S Grove Ave Ontario, CA 91761

FOR LEASE
Community centers
Property ID
US10-1002649
19,286 SF 1.68 ac lot Built 1966
Last sale Oct 2006 · $2,100,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a renovated commercial space in the Belmont & Grove Business Park in Ontario, with frontage on Grove Avenue for street exposure. The building layout includes a reception area, five private offices, a conference room, a kitchen area with a sink, and two restrooms, plus a dedicated warehouse portion. The warehouse has high ceilings suitable for storage and operations, includes an additional storage room, and is served by a tall roll-up, grade-level door that supports delivery and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value · 2024$2.76M
Assessed land$961k
Assessed improvement$1.80M
Effective rate1.06%

Value estimate

· Oct 2026
$2.81M
$2.52M – $3.09M
Submarket $/SF estimate$3.80M
NOI build-up
Gross scheduled income$63k
Vacancy & credit loss−$5k
Operating expenses−$20k
NOI · 2,802,074.07% cap applied$38k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$269/SF
County average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$108 – $479
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2,802,074.07%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN BERNARDINO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.9
Law Firm40.7
Spa & Massage23.2

Location

1115 S Grove Ave Ontario, CA 91761
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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