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Freeway Frontage Distribution Warehouse
For Sale
$10,801,701

4985 Hallmark Pky., San Bernardino, CA 92407

Distribution warehouse with direct freeway access and frontage.

Property Size47,169 SF
Price / SF$229
Days on Market251

Property Features for 4985 Hallmark Pky.

General Information

Standard status Active
Size 47,169 SF
Property subtype Industrial

Building Details

Year Built 1989
Listing Agency: Lee & Associates
Listed By: Toby Tewell · License #CalDRE #01822772
Source: Lee-associates
Added: Nov 26, 2025 Changed: Jul 6 Last Checked: Aug 3 at 5:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates

Investment Insights

Based on property information with market context.

This 47,169-square-foot distribution warehouse benefits from direct frontage on the I-215 Freeway, offering immediate access to the I-215, I-210, and I-15 Freeways. The property is approximately 23 miles from LA-Ontario International Airport. The building allows drive-around access and will be available at the close of escrow.

Key Highlights

  • Direct I‑215 Freeway Frontage
  • Immediate access to I‑215, I‑210 & I‑15 Freeways
  • Drive‑around building

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $673.6k $14.28
− Vacancy −$56.6k −$1.20
EGI $617.0k $13.08
− OpEx −$92.5k −$1.96
NOI $524.4k $11.12
47,169 SF · lease $14.28/SF/yr · vacancy 8.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$7.49M
$6.56M – $8.74M (±1% cap)
NOI $524,444 @ 7.0% cap · market cap 4.86%
Second Best
Industrial
$6.36M
$5.56M – $7.42M (±1% cap)
NOI $445,034 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$14.21M
$12.43M – $16.57M (±1% cap)
NOI $994,398 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Caesar Hardware International ... Home Decor Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92407, CA

67,814
Population
19,029
Households
3.6
Avg Household Size
31
Median Age
19%
College-Educated
78%
High-School Grad
81.7 sq mi
ZIP Area
830
Density / Sq Mi
$83,662
Median Household Income
$38,967
Median Earnings
$1,771
Median Rent
$473,200
Median Home Value

Market

Properties on Market for Warehouses in San Bernardino

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • SecurCare Self Storage 5185 Hallmark Pkwy, San Bernardino, CA 92407

Frequently Asked Questions

What type of property is this?
Warehouse - Distribution warehouse with direct freeway access and frontage.
Where is this warehouse located?
The property is located at 4985 Hallmark Pky. San Bernardino, CA.
What is the asking price?
The asking price for this property is $10,801,701.
What are key features of this property?
This property features: Direct I‑215 Freeway Frontage; Immediate access to I‑215, I‑210 & I‑15 Freeways; Drive‑around building
More about this property
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