247 Olive Ave Rialto, CA 92376-6507
Property profile & analytics
247 Olive Ave, Rialto, CA 92376-6507
- Warehouses
- 3,869 SF
- 0.21 lot acres
Property ID
US10-1738222
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 247 Olive Ave
- Year built
- 1999
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 0130-301-05-0000
- APU
- 130301050000
Description
This vacant, owner-user industrial warehouse, totaling 3,869 square feet, is situated in Rialto, California, at 247 S Olive Ave, 92376. Built in 1999 and extensively renovated in 2024, the property features a two-story building on a 9,000 square foot lot (APN: 0130-301-05). The asking price is $1,100,000, translating to $284.31 per square foot. The warehouse boasts a 17-foot ceiling height, three 12'x14' loading docks equipped with security bars, and climate control. The property includes 744 square feet of renovated office/lobby space, a remodeled ground-floor restroom, and 220V power and water lines within the warehouse. Exterior improvements include a newly resurfaced and striped lot with eight parking stalls (one handicapped accessible), a secure fenced yard with camera surveillance and a trash enclosure. Two entrances provide convenient access—one from Olive Ave and another from a back alley. The property is zoned for light industrial use and benefits from its proximity to major freeways (approximately 10 minutes from I-10 and 15 minutes from I-210), offering easy access to key Inland Empire locations. This turnkey property presents a unique opportunity for businesses seeking a modern, well-maintained warehouse space.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,050,000
- ML approach
- $1,050,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $700,000
- 6.5%
- $645,000
- 7%
- $600,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $985,000 Current use
- OFFICE BUILDING
- $1,680,000 Change: +71% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,330,000 Change: +35% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,180,000 Change: +19% Conversion: Easy
- MEDICAL BUILDING
- $1,120,000 Change: +14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,040,000 Change: +6% Conversion: Moderate
- RETAIL STORES
- $860,000 Change: -13% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rialto
- County
- San Bernardino
- State
- California
- Longitude
- -117.369
- Latitude
- 34.0974
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,327
$153,875
$530,604
$684,479
-
$0.00
$0.00
$0.00
