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    Property profile & analytics

    9129 Cherry Ave Fontana, CA 92335

    • Warehouses
    • 78,960 SF
    • 17.55 lot acres
    OFF-MARKET
    Value Estimations
    $7,450,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0721361
    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

    • Warehouses

    Property Details for 9129 Cherry Ave

    Year built
    1987
    Construction
    TILT-UP CONCRETE
    Lot size
    17.55 lot acres
    Property size
    78,960 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    0231-021-59-0000
    APU
    231021590000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $11,185,000
      6.5%
      $10,325,000
      7%
      $9,590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $10,107,000
      Market price range: $3.24M - $23.4M

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

    Location Insight

    • Map
    • Local Demand
    City
    Fontana
    County
    San Bernardino
    State
    California
    Longitude
    -117.487
    Latitude
    34.0874
    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
    2024
    $131,021
    $5,069,201
    $7,328,025
    $12,397,226
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $13,590,000
      97,709 SF

      15713 Vly Blvd

      MINI-WAREHOUSE, STORAGE • 97,709 SF
      15713 Vly Blvd, Fontana, CA 92335-6427
      View Details
    • Value Estimation
      $2,425,000
      15,000 SF

      8459 Cherry Ave, Unit ABCD

      MINI-WAREHOUSE, STORAGE • 15,000 SF
      8459 Cherry Ave, Fontana, CA 92335-3062
      View Details
    • Value Estimation
      $960,000
      5,000 SF

      10001 Oleander Ave

      MINI-WAREHOUSE, STORAGE • 5,000 SF
      10001 Oleander Ave, Fontana, CA 92335-7809
      View Details
    • Value Estimation
      $11,930,000
      106,844 SF

      14750 Foothill Blvd

      MINI-WAREHOUSE, STORAGE • 106,844 SF
      14750 Foothill Blvd, Fontana, CA 92335-8016
      View Details
    • Value Estimation
      $2,975,000
      27,730 SF

      8638 Almond Ave

      MINI-WAREHOUSE, STORAGE • 27,730 SF
      8638 Almond Ave, Fontana, CA 92335-3070
      View Details
    • Value Estimation
      $28,670,000
      210,930 SF

      13232 Vly Blvd

      MINI-WAREHOUSE, STORAGE • 210,930 SF
      13232 Vly Blvd, Fontana, CA 92335-2611
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,560 SF

      Fontana Industrial Investment Opportunity

      Leased industrial building on 1.85 acres in Fontana.
      16190 Valley Blvd, Fontana, CA 92335
      View Details
    • Contact for pricing
      1,353 SF

      Fontana Warehouse: 1,353 SF

      Industrial warehouse, 3.1-acre yard, freeway access.
      14816 Valley Blvd, Fontana, CA 92335
      View Details
    • $6,850,000
      988 SF

      Fontana Industrial Property with Truck Docks

      Industrial property in Fontana, CA, with truck docks and ample power.
      14619 Merrill 14619, Fontana, CA 92335
      View Details
    • $1,820,000
      6,000 SF

      Fontana Warehouse in Industrial Area

      6,000 sq ft warehouse in high-demand industrial zone.
      8265 Fremontia Ave, Fontana, CA 92335
      View Details
    • Contact for pricing
      26,400 SF

      Industrial Buildings with Craneway

      Two industrial buildings on 1.97 acres with fenced yard.
      14665-14679 Hawthorne Ave, Fontana, CA 92335
      View Details
    • $6,950,000

      Industrial Property Near 10 Freeway

      Industrial property with truck docks, ample power, and easy access.
      14619 Merrill Ave, Fontana, CA 92335
      View Details

    Similar Nearby for Lease

    • $22,812
      17,250 SF

      Fontana Warehouse and Office Space

      Warehouse and office space for lease in Fontana, California.
      14644 El Molino St, Fontana, CA 92335
      View Details
    • $1.30 SF/Yr
      17,224 SF

      Industrial Building with Fenced Yard

      Industrial building featuring office space and a large fenced yard.
      8606 Sultana Ave, Fontana, CA 92335
      View Details
    • Contact for pricing

      Industrial Space with Fenced Yard

      Well-maintained industrial park with office, mezzanine, and fenced yard.
      14662 El Molino St, Fontana, CA 92335
      View Details
    • Contact for pricing
      28,284 SF

      Fontana Cross Dock Facility

      28,284 SF cross dock facility with shop on 9.49 acres.
      10223 Calabash Ave, Fontana, CA 92335
      View Details
    • $1.65 SF/Yr
      10,400 SF

      New Construction Multi-Tenant Building

      New construction industrial space with office, ground level door.
      15252 Vly Blvd Unit C1, Fontana, CA 92335
      View Details
    • $1.35 SF/Yr
      4,700 SF

      Fontana Industrial Space with Office

      Industrial space featuring an upstairs office and convenient freeway access.
      14189 Foothill Blvd, Fontana, CA 92335
      View Details
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    9129 Cherry Ave
    Fontana, CA 92335
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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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