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    Commercial Warehouse Building For Sale Title is generated by Realmo AI

    1275 E Highland Ave, San Bernardino, CA 92405

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    Multi-use building on 1.01 acres with showroom and warehouse space.

    Type:INDUSTRIAL
    Property size:
    17,345 SF
    Lot size:
    1.01 Acres
    Price / SF:
    $198/SF
    Added:
    Jun 11, 2024
    Days on Market:
    736
    Last Refresh:
    Apr 5 at 8:13 pm

    Property Features for 1275 E Highland Ave

    General Information

    Standard status
    Active
    Size
    17,345 SF
    Lot size
    1.01 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Cody Moran
    Cody Moran

    Listing agent Cody Moran License #02036603

    Listing office Lee & Associates

    Listing date Jun 11, 2024

    Source Moodyscre

    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

    HighLights

    • Multi‑Use Building on 1.01 Acres
    • External Truck Well With 2 Positions & Dock Platform
    • Current Mix of Office, Showroom & Warehouse Space
    • Improved Interior With HVAC Throughout
    • Paved With New Slurry Coat
    • Available With Notice or at Close

    Overview

    This commercial warehouse building is available for sale or lease. The multi-use building is situated on 1.01 acres, which is paved with a new slurry coat. The improved interior features HVAC throughout. The property includes an external truck well with 2 positions and a dock platform. The building currently features a mix of office, showroom, and warehouse space.

    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 $437.1k $25.20
    − Vacancy −$41.5k −$2.39
    EGI $395.6k $22.81
    − OpEx −$98.9k −$5.70
    NOI $296.7k $17.10
    17,345 SF · lease $25.20/SF/yr · vacancy 9.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.24M
    $3.71M – $4.94M (±1% cap)
    NOI $296,678 @ 7.0% cap · market cap 8.64%
    Second Best
    Warehouse
    $2.75M
    $2.41M – $3.21M (±1% cap)
    NOI $192,849 @ 7.0% cap · market cap 5.62%
    Theoretical Best
    Office A
    $5.22M
    $4.57M – $6.09M (±1% cap)
    NOI $365,660 @ 7.0% cap · market cap 10.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Physical Therapy Physician WickedFlow Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Near-By Storage Units — 2296 N Arrowhead Ave, San Bernardino, CA 92405
    • Near Me Self Storage Units — 1460 Pepper Tree Ln, San Bernardino, CA 92404
    • Neighbor Monthly Parking — 215 E Highland Ave, San Bernardino, CA 92404

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.26
    Latitude
    34.1347

    FAQs

    What type of property is this?
    Warehouse - Multi-use building on 1.01 acres with showroom and warehouse space.
    Where is this warehouse located?
    The property is located at 1275 E Highland Ave San Bernardino, CA.
    What is the asking price?
    The asking price for this property is $3,434,310.
    What are key features of this property?
    This property features: Multi‑Use Building on 1.01 Acres; External Truck Well With 2 Positions & Dock Platform; Current Mix of Office, Showroom & Warehouse Space
    (951) 276-3624 Call to check price and availability
    More about this property
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