Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8788 Citrus Ave Fontana, CA 92335

    • Commercial real estate
    • 51,310 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0611521
    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

    • Commercial real estate

    Property Details for 8788 Citrus Ave

    Property size
    51,310 SF
    Property type
    Commercial real estate
    APN
    0233-051-01-0000 and 0233-051-13-0000

    Description

    This exceptional 51,310 square foot commercial land parcel in Fontana, California, presents a remarkable redevelopment opportunity for fast-food establishments. Located at 8788 Citrus Ave, Fontana, CA 92335, this Class A property is zoned for GC Fast Food with a drive-thru CUP already approved, eliminating significant pre-development hurdles. The site boasts a convenient location at the Northwest corner of Citrus Avenue and Ceres Avenue, benefiting from a new signalized intersection. The land is vacant and offered for sale by owner as an LLC holding. The asking price is $1,198,000, translating to $23.35 per square foot. Detailed site plans are available upon request. The property features ample parking and is situated in a high-traffic area with strong demographics, including an estimated population of 31,390 within a one-mile radius. The property's APN is 0233-051-01-0000 and 0233-051-13-0000. Lease options are available for qualified tenants. This is a credit-rated tenant property. The investment type is redevelopment, specifically targeting fast-food ventures. This prime location offers significant potential for a thriving business. Don't miss this chance to secure a highly desirable site in a rapidly growing area. Inquire today to learn more about this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fontana
    County
    San Bernardino
    State
    California
    Longitude
    -117.45375109249
    Latitude
    34.09411493987

    Comparable in this City

    • $14,989,888

      Fontana Commercial Land Opportunity

      4.5 acres of commercial land in Fontana, California.
      15682 Arrow Blvd, Fontana, CA 92335
      View Details
    • $139,800
      230 SF

      Fontana Land For Commercial Sale

      Prime location in Fontana, ready for development, excellent investment.
      Wheeler Ave, Fontana, CA 92335
      View Details
    • $7,500,000
      95,832 SF

      Fontana Land Parcel For Sale

      2.2 acre fully leased, improved and secured investment property.
      15082 Valley Blvd, Fontana, CA 92335
      View Details
    • $7,998,000
      172,623.00 Acres

      Fontana Land Parcel for Sale

      Approximately 4 acre land parcel suitable for warehouse development.
      15797 Foothill Blvd, Fontana, CA 92335
      View Details
    • $3,000,000
      93,218 SF

      Vacant Land Foothill Blvd Frontage

      2.14 acres of vacant land with commercial and industrial potential.
      Fontana, CA 92335
      View Details
    • $4,220,000
      2 SF

      Retail Development Land For Sale

      2.42 Acres retail development land in a heavy retail corridor.
      Swc Foothill Blvd & Cherry Ave, Fontana, CA 92335
      View Details

    Similar Nearby for Sale

    • $14,989,888

      Fontana Commercial Land Opportunity

      4.5 acres of commercial land in Fontana, California.
      15682 Arrow Blvd, Fontana, CA 92335
      View Details
    • $139,800
      230 SF

      Fontana Land For Commercial Sale

      Prime location in Fontana, ready for development, excellent investment.
      Wheeler Ave, Fontana, CA 92335
      View Details
    • $7,500,000
      95,832 SF

      Fontana Land Parcel For Sale

      2.2 acre fully leased, improved and secured investment property.
      15082 Valley Blvd, Fontana, CA 92335
      View Details
    • $7,998,000
      172,623.00 Acres

      Fontana Land Parcel for Sale

      Approximately 4 acre land parcel suitable for warehouse development.
      15797 Foothill Blvd, Fontana, CA 92335
      View Details
    • $3,000,000
      93,218 SF

      Vacant Land Foothill Blvd Frontage

      2.14 acres of vacant land with commercial and industrial potential.
      Fontana, CA 92335
      View Details
    • $4,220,000
      2 SF

      Retail Development Land For Sale

      2.42 Acres retail development land in a heavy retail corridor.
      Swc Foothill Blvd & Cherry Ave, Fontana, CA 92335
      View Details

    Similar Nearby for Lease

    • $0.57 SF/Yr
      56,199 SF

      Secured Yard with Office/Shop Buildings

      1.29 acre paved yard with office and shop buildings.
      14675 Valley Blvd, Fontana, CA 92335
      View Details
    • Contact for pricing
      226,512 SF

      Fontana Land with Secured Yard

      5.2 acres with maintenance facility and secured yard.
      9979 Cherry Ave, Fontana, CA 92335
      View Details
    • $0.30 SF/Yr
      207,781 SF

      Contractor's Yard with Building

      4.77 acre contractor's yard with 5,000 SF building.
      8424 Cottonwood Ave, Fontana, CA 92335
      View Details
    • $0.36 SF/Yr
      82,760 SF

      Fontana Land with Office Building

      Land with office and shop buildings, close to freeways.
      8695 Calabash Ave, Fontana, CA 92335
      View Details
    • Contact for pricing
      165,425 SF

      Fontana Yard with Maintenance Shop

      3.8-acre yard with a 6,000 SF maintenance shop for rent.
      15060-15102 Ceres Ave, Fontana, CA 92335
      View Details
    • $6,250,000
      103,237 SF

      Industrial Yard For Rent

      Approximately 2.37 acre fenced and paved industrial yard available.
      15243 Washington Dr, Fontana, CA 92335
      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.
    8788 Citrus Ave
    Fontana, CA 92335
    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

    Google sign-in failed. Please try again or use another login method.