Property profile

317 Tullock St Rialto, CA 92376

OFF-MARKET
Warehouses
Property ID
US10-0579588
12,320 SF 0.67 ac lot Built 2005
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,320 SF
Lot 0.67 ac (29,011 SF)
APN 0254-031-10-0000
UPID US10-0579588

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

317 Tullock St Rialto, CA 92376-7702
Rialto metro Census 3609 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.78M
Blend (final) Blend
$3.69M

Owner & transaction history

since 2024
Last sale
$3.7M
4 recorded transactions
2024
Price N/A
2024
$3.7M
2019
$1.8M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $5.8M +84.4%
Office building $5.4M +70.6%
Commercial (general) $4.2M +35.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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