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    901 Covina Blvd San Dimas, CA 91773
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    Property profile & analytics

    901 Covina Blvd, San Dimas, CA 91773

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    • Commercial real estate
    • 3.23 lot acres
    Off-Market
    Property ID
    US09-8563026
    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

    • Commercial real estate

    Property Details for 901 Covina Blvd

    Lot size
    3.23 lot acres
    Property type
    Commercial real estate
    APN
    8385-006-027

    Description

    This exceptional 3.23-acre commercial land parcel presents a remarkable development opportunity in the desirable San Dimas, California market. Located at 901 W Covina Blvd, this property boasts a prime location with convenient access to major freeways, including the 10, 210, and 57. The lot size is approximately 140,739 square feet, offering ample space for a variety of commercial projects. The property's APN is 8385-006-027. Currently zoned I-Single Family Residential, this presents a unique chance for developers to explore potential rezoning options and realize the significant potential of this strategically located land. The asking price for this exceptional property is $5,500,000. Situated in Los Angeles County, with a San Dimas zip code of 91773, this location offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-growth area. The property's geographical coordinates are 34.100695 latitude and -117.8249837 longitude. This is a rare opportunity to acquire a substantial land parcel in a thriving California community.

    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
    San Dimas
    County
    Los Angeles
    State
    California
    Longitude
    -117.8249837
    Latitude
    34.100695

    Comparable in this City

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      San Dimas Commercial Infill Site

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      327,135 SF

      San Dimas Land Opportunity

      7.51 acres of land with excellent development potential.
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    • $3,150,000
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      San Dimas Land/Lot Opportunity

      Land for development in San Dimas neighborhood.
      649 W Gladstone St, San Dimas, CA 91773
      View Details

    Similar Nearby for Sale

    • $1,400,000
      61,276.00 Acres

      San Dimas Land/Lot Opportunity

      1.412 acre lot in established neighborhood, ideal for development.
      West 5Th St, San Dimas, CA 91773
      View Details
    • New
      $899,000
      0.50 Acres

      San Dimas Commercial Infill Site

      0.50 acre commercial site ideal for redevelopment.
      409 W Bonita Ave, San Dimas, CA 91773
      View Details
    • Contact for pricing
      327,135 SF

      San Dimas Land Opportunity

      7.51 acres of land with excellent development potential.
      914 W Cienega Ave, San Dimas, CA 91773
      View Details
    • $3,150,000
      69,696.00 Acres

      San Dimas Land/Lot Opportunity

      Land for development in San Dimas neighborhood.
      649 W Gladstone St, San Dimas, CA 91773
      View Details

    Similar Nearby for Lease

    • $16,230 /Mo
      10,820 SF

      San Dimas Executive Office Space

      Well-appointed office space in a prominent San Dimas location.
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      Restaurant Space For Lease

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      Renovated Warehouse with Freeway Access

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      San Dimas Office Space Available

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      San Dimas Freeway Business Park

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    • $1.65 SF/Yr
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      San Dimas Warehouse Space

      90,852 sqft warehouse space available for lease.
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      View Details
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    901 Covina Blvd
    San Dimas, CA 91773
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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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