317 Tullock St Rialto, CA 92376-7702
- Warehouses
- 12,320 SF
- 0.67 lot acres
Current Use by Public Records
- Ferguson Brothers Tree Service / Tree Service
Property Details for 317 Tullock St
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.67 lot acres
- Property size
- 12,320 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 0254-031-10-0000
- APU
- 254031100000
Description
This exceptional 13,255-square-foot industrial property in Rialto, CA, presents a compelling owner-user opportunity. Built in 2005 and renovated in 2021, this Class B building boasts a single-story design with a 22-foot ceiling height, perfect for distribution, manufacturing, or warehousing needs. The property features 13,255 square feet of net rentable space, one grade-level loading dock, and ample parking for 21 vehicles. Situated on a 0.67-acre lot within the Willow Industrial Park, this property benefits from a convenient location near the 10 freeway and Rialto Marketplace shopping mall. The building includes approximately 1,100 square feet of upgraded office space with laminate flooring, updated fixtures, and a kitchenette. A spacious warehouse area features new LED lighting, foil insulation, and upgraded plumbing. A mezzanine level offers an additional 1,129 square feet of open space with approved plans for further office expansion. The property is zoned IND (IP), allowing for various uses including contractor offices, warehousing, and distribution. The asking price is $3,925,000, representing a price per square foot of $581.40 and a 4.77% cap rate. The property offers a strong NOI of $186,400 and is suitable for a 1031 exchange. The property is fenced for security and features a drip irrigation system for landscaping. Low taxes and the absence of HOA fees further enhance its appeal. This well-maintained property offers a unique blend of functionality and convenience, making it an ideal investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,690,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,840,000
- 6.5%
- $3,340,000
- 7%
- $3,865,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,130,000
- Geo Method
- $3,920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,460,000
- Retail
- $2,995,000
- Mixed-Use
- $3,145,000
- Hospitality
- $4,055,000
- Educational
- $4,055,000
- Residential Income
- $3,675,000
- Energy
- $3,500,000
- Income-Based Land
- $3,065,000
- Food Service
- $3,430,000
Location Insight
- Map
- Local Demand
- City
- Rialto
- County
- San Bernardino
- State
- California
- Longitude
- -117.375
- Latitude
- 34.0761
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
