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    Property profile & analytics

    7390 Cherry Ave Fontana, CA 92336-4204

    • Community centers
    • 57,043 SF
    • 4.95 lot acres
    OFF-MARKET
    Value Estimations
    $6,865,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1577418
    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.

    Current Use by Public Records

    • Vons Pharmacy / Pharmacy
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Vons Bakery / Bakery / Specialty Food Shop
    • Vons / Grocery & Convenience Store / Food Market
    • Western Union / Bank / Credit Union

    Property Details for 7390 Cherry Ave

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.95 lot acres
    Property size
    57,043 SF
    Property type
    Community centers
    APN
    1100-691-08-0000
    APU
    1100691080000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,408,000
      Market price range: $6.18M - $27.3M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fontana
    County
    San Bernardino
    State
    California
    Longitude
    -117.49
    Latitude
    34.12
    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
    2023
    $79,950
    $1,190,584
    $5,592,429
    $6,783,013
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $605,000
      3,184 SF

      14439 Baseline Ave

      MINI-MALL • 3,184 SF
      14439 Baseline Ave, Fontana, CA 92336-3621
      View Details
    • Value Estimation
      $1,135,000
      6,501 SF

      14584 Baseline Ave

      MINI-MALL • 6,501 SF
      14584 Baseline Ave, Fontana, CA 92336-1646
      View Details
    • Value Estimation
      $555,000
      2,376 SF

      7376 Cherry Ave

      MINI-MALL • 2,376 SF
      7376 Cherry Ave, Fontana, CA 92336-4204
      View Details
    • Value Estimation
      $720,000
      3,991 SF

      14600 Baseline Ave

      MINI-MALL • 3,991 SF
      14600 Baseline Ave, Fontana, CA 92336-1648
      View Details
    • Value Estimation
      $595,000
      3,546 SF

      7400 Cherry Ave

      MINI-MALL • 3,546 SF
      7400 Cherry Ave, Fontana, CA 92336-4224
      View Details
    • Value Estimation
      $1,530,000
      8,910 SF

      14548 Baseline Ave

      MINI-MALL • 8,910 SF
      14548 Baseline Ave, Fontana, CA 92336-1667
      View Details

    Similar Nearby for Sale

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      Fontana Industrial Building For Sale

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    Similar Nearby for Lease

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      High-traffic retail pad, ±6,000 SF available.
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      View Details
    • Contact for pricing
      74,000 SF

      Arboretum Marketplace: Retail Spaces Available

      Prime North Fontana Retail Center; 6 spaces from 1-2260 sqft.
      0 Market Pl, Fontana, CA 92336
      View Details
    • Contact for pricing
      3,911 SF

      Summit Heights Gateway Retail Space

      Prime I-15 & I-210 Retail Office
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      North Fontana Logistics Center

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      86,282 SF

      New Industrial Build-to-Suit Opportunity

      New 86,282 SF industrial building with fenced yard for lease.
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      View Details
    • $1.50 SF/Yr
      3,200 SF

      Industrial Condo with Office Space

      Industrial condo featuring office space and a roll-up door.
      7888 Cherry Ave, Fontana, CA 92336
      View Details

    Property Visit Statistics

    • Visits by month
      118.4k
    • Visitors by month
      59.0k
    • Avg Time on site
      23 min
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    Fontana, CA 92336-4204
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    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
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