Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    658 Bloomington Ave Rialto, CA 92376
    Back to Search
    Property profile & analytics

    658 Bloomington Ave Rialto, CA 92376

    View on Map
    • Retail properties & Spaces
    • 6,834 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US10-0954228
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arreola Professional Services / Law Firm
    • Kayla's Makeup & Hair Academy / Vocational School / Training Center
    • Our Fashion Boutique / Clothing & Fashion Store
    • Rebekah Meredith Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Major Leagues Barbers / Barber Shop

    Property Details for 658 Bloomington Ave

    Year built
    2011
    Lot size
    1.00 lot acres
    Property size
    6,834 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional investment opportunity presents a fully occupied, two-story retail building situated at 658 Bloomington Avenue in Rialto, California. The property boasts a substantial 6,834 square feet of leasable space, distributed across eight individual units, making it ideal for both owner-occupancy and investment purposes. The building is classified as Class B and sits on a one-acre lot, providing ample space and potential for future expansion or development. Its prime location offers unparalleled access to the I-10 Freeway, ensuring high visibility and convenient access for customers and tenants. The surrounding area is characterized by a strong concentration of national retail brands, including AutoZone, Walmart, Starbucks, Walgreens, and Wingstop, as well as numerous restaurants and other local businesses, creating a vibrant and thriving commercial environment. This strategic location ensures high foot traffic and a robust customer base for all tenants. The property's current status as fully occupied guarantees a consistent and immediate return on investment, making it an attractive proposition for discerning investors seeking a stable and profitable asset in a high-demand market. The property's multi-tenant structure provides diversification and minimizes risk, while the potential for future rent increases further enhances its long-term value. This is a rare opportunity to acquire a well-established, high-performing retail property in a prime Rialto location.

    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
    Rialto
    County
    San Bernardino
    State
    California
    Longitude
    -117.383
    Latitude
    34.08234

    Comparable in this City

    • $125,000
      1,100 SF

      Turn-Key Restaurant Business Opportunity

      Established frozen yogurt franchise in a high-traffic Rialto shopping center.
      1310 S Riverside Ave, Rialto, CA 92376
      View Details
    • $2,275,000
      14,800 SF

      Rialto Industrial Building For Sale

      14,800 sq ft industrial building on a 24,025 sq ft lot.
      491 W Rialto Ave, Rialto, CA 92376
      View Details

    Similar Nearby for Sale

    • $125,000
      1,100 SF

      Turn-Key Restaurant Business Opportunity

      Established frozen yogurt franchise in a high-traffic Rialto shopping center.
      1310 S Riverside Ave, Rialto, CA 92376
      View Details
    • $1,599,000
      5,880 SF

      Rialto Retail Building For Sale

      Seven-unit retail building with diverse tenants on a large lot.
      106 N Riverside Ave, Rialto, CA 92376
      View Details
    • $1,500,000

      Rialto Retail/Office Redevelopment Opportunity

      Freestanding building on Foothill Blvd, ideal for owner-user or redevelopment.
      162 W Foothill Blvd, Rialto, CA 92376
      View Details
    • $1,100,000

      Downtown Rialto Retail/Office Building

      Multi-tenant retail/office building in Downtown Rialto with value-add potential.
      123 S Riverside Ave, Rialto, CA 92376
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Rialto Mixed-Use Property

      Mixed-use property in Downtown Rialto, near transportation.
      219 S Riverside Ave, Rialto, CA 92376
      View Details
    • $1,850 /Mo
      1,200 SF

      Rialto Restaurant/Retail Space For Lease

      Restaurant/Retail space with high visibility and easy freeway access.
      249 E Base Line Rd, Rialto, CA 92376
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces ranging from 1,000 to 6,500 square feet.
      210 Hwy & Riverside Ave, Rialto, CA 92376
      View Details
    • Contact for pricing
      6,000 SF

      Rialto Retail Space Available

      Retail spaces for lease in Rialto, California.
      380 W Foothill Blvd, Rialto, CA 92376
      View Details
    • $3 SF/Yr

      Former Restaurant Space Available

      Former restaurant space in prime food court location.
      1155 W Renaissance Pkwy, Rialto, CA 92376
      View Details
    • $880 /Mo

      Retail Space with Courtyard

      Retail space with parking and easy freeway access.
      202 N Riverside Ave, Rialto, CA 92376
      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.
    658 Bloomington Ave
    Rialto, CA 92376
    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
    658 Bloomington Ave, Rialto, CA, 92376
    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!