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Closed
- Listed price
- $5,250,000
- Listed Sep 30, 2022
- Sold price
- $5,150,000
- Sold Jan 20, 2023
86,000 sqft lot|1985 Built|67 MLS days on market
3351 S Riverside Ave 2, Bloomington, CA 92316
Property Description
This industrial property consists of 2 buildings approx. 8,000 SF, and sits on a triangular corner lot totaling over 86,000 SF. The main/front building was extensively renovated in 2020. The site has excellent frontage along South Riverside Avenue & along Industrial Drive. Located within close proximity/access to Interstate-10, Interstate-60, Interstate-215, and Interstate-15. Neighbors include Walmart Distribution Center, FedEx Ground, Living Spaces, Cooper Lighting, Razor USA, Lineage Logistics, Colgate Palmolive Company, UPS Freight, etc. SINGLE-TENANT INDUSTRIAL LEASED INVESTMENT OPPORTUNITY! Offering Price: $5,250,000; Land Price Per SF: $61; Year 1 CAP rate: 5.25%; Net Operating Income(NOI): $274,228.08; 5 years lease term; 3% annual increase; Lease Form: AIR Industrial Single - Tenant Lease – NET; Retrofit Technologies will sign a 5 years lease before close of escrow. Retrofit Technology, Inc. is specializing in the repair and replacement of chilled water systems in existing buildings. For more info.: https://www.retrofittechnology.com/portfolio
Listing agent: Steven DoanDRE #01378506stevenkdoan@yahoo.com, Listing office: Realty One Group West
MLS data updated 10/31/2026, 3:48:17 PM PT
Source: CRMLSMLS #: OC22212990
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$5,150,000
Jan 20, 2023
Available records22022–2023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$5,150,000Closed sale · Jan 20, 2023ZIP 92316 · Jan 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsSep 30, 2022 – Jan 20, 2023
ZIP 92316 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.