Renovated Medical Office in San
980 North D Street San Bernardino, CA 92410
980 North D Street, San Bernardino, CA, 92410
$1,100,000
Pending
For Sale
$1,100,000
Pending
Fully renovated medical office with ample parking in San Bernardino.
Property Size3,520 SF
Days on Market803
Property Features for 980 North D Street
General Information
- Standard status
- Pending
- Size
- 3,520 SF
- Property subtype
- Commercial Sale / Multi Family
Building Details
- Year Built
- 1956
Listing Agency
Coldwell Banker Commercial
(562) 495-6070
Listed by
Christa Vessell · License #02058824
(562) 495-6070
Source
Compass
Added: May 9, 2024 Checked: Jul 19 at 4:43 am
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 Coldwell Banker Commercial
Investment Insights
Based on property information with market context.
This is a fully renovated medical office building located in San Bernardino. The property has been updated with new electrical, plumbing, and HVAC systems. The site is gated and secured, providing ample parking. The neighboring parcel, APN 0140-151-10, is included in the sale. The building is located in an opportunity zone, which provides incentives and opportunities for redevelopment.
Key Highlights
- Fully renovated medical office with new electrical, plumbing, and HVAC.
- Includes neighboring parcel (APN 0140‑151‑10) in the sale.
- Located in an opportunity zone, offering redevelopment incentives.
Local Financial Insights For Office B
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 | $88.7k | $25.20 |
| − Vacancy | −$8.4k | −$2.39 |
| EGI | $80.3k | $22.81 |
| − OpEx | −$20.1k | −$5.70 |
| NOI | $60.2k | $17.10 |
3,520 SF · lease $25.20/SF/yr · vacancy 9.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$860.1K
$752.6K – $1.00M
NOI $60,208 @ 7.0% cap · market cap 5.47%
Second Best
Healthcare Medical
$776.1K
$679.1K – $905.5K
NOI $54,327 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.06M
$927.6K – $1.24M
NOI $74,207 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Meena Kumari Meka
Physician
Mabel Carson
Physician
Meena Meka
Physician
Ajay Meka
Physician
Udoh Obioha
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Fully renovated medical office with ample parking in San Bernardino.
Where is this medical office space located?
The property is located at 980 North D Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully renovated medical office with new electrical, plumbing, and HVAC.; Includes neighboring parcel (APN 0140‑151‑10) in the sale.; Located in an opportunity zone, offering redevelopment incentives.
