Norco, CA
Commercial Real Estate Market Trends & Data

$1,188 per SF Avg asking sale price
$23 per SF Avg asking lease rate
13,550 SF Avg unit lease size
14,910 SF Avg building size for sale
6.00% Average cap rate

Norco's Demographic Profile

Norco has 6,538 households and a median income of $121,479, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 25,249
# Households 6,538
Median age 41
Median household income $121,479
Avg household size 3.0
Renter-occupied housing units 1,195
5-year population change +3%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Norco $309 52,733 SF 6.00%
Corona $469 12,465 SF 7.35%
Chino $550 6,669 SF 5.61%
Ontario $458 9,340 SF 6.69%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Mira Loma $306 11,292 SF 5.68%
Corona $310 318,310 SF 5.25%
Chino $372 82,756 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Norco $429 2,968 SF
Mira Loma $616 7,300 SF
Corona $502 43,495 SF
Chino $592 15,675 SF
Jurupa Valley $630 14,485 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Corona $287 6,000 SF 5.04%
Chino $389 5,597 SF 7.00%
Jurupa Valley $447 6,666 SF 5.83%
Ontario $466 5,250 SF 5.74%
Riverside $404 22,536 SF 6.68%

Commercial Properties For Sale in Norco

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

400 E Rincon St

Corona, CA 92879

  • 52,733 SF Office Building
  • 6.00% Cap Rate
  • $16,300,000
For Sale

791 6th St

Norco, CA 92860

  • 972 SF Specialty
  • $3,485,000
For Sale

620 N Main St

Corona, CA 92878

  • 2,300 SF Retail Building
  • $1,150,000
For Sale

River Road Condominiums

Corona, CA 92880

  • 0.42 AC Lot
  • 1 Residential Income Lot
  • $1,400,000
For Sale

Freestanding retail with street frontage

Corona, CA 92880

  • 3,636 SF Retail Building
  • $1,300,000
For Sale

SW Corner 6th St & Corona Ave

Norco, CA 92860

  • 1.06 AC Lot
  • 1 Commercial Lot
  • $1,050,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Norco pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Norco $1,188 14,910 SF
Eastvale $1,112 10,765 SF
Mira Loma $410 10,493 SF
Corona $574 148,918 SF
Chino $478 49,083 SF

Regional Demographic Comparison

This comparison places Norco alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Norco or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Norco 25,249 6,538 41 $121,479 3 1,195 3%
Eastvale 69,422 17,115 35 $144,179 4 3,834 4%
Mira Loma 23,194 5,600 35 $98,102 4 1,388 2%
Corona 157,252 46,882 37 $101,518 3 17,381 4%
Chino 93,676 27,895 37 $101,899 3 10,763 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Norco, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Norco

View All Commercial Real Estate For Sale in Norco
Is Norco a good market for a first-time commercial real estate investor?

Norco offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Norco?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Norco. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Norco?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Norco. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Norco compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Norco. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Norco acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Norco, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends