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Industrial Building with Fenced Yard
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280 E Drake Dr, San Bernardino, CA

Free-standing industrial building with office space and fenced yard.

Property Size9,458 SF
Lot Size0.53 Acres
Price / SF$253.75
Days on Market391

Property Features for 280 E Drake Dr

General Information

Standard status Active
Size 9,458 SF
Lot size 0.53 Acres
Property subtype INDUSTRIAL
Listing Agency: Lee & Associates
Listed By: Jonathan Pauls · License #01417045
Source: Moodyscre
Added: Jul 9, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:55AM

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 free-standing industrial building features 825 square feet of office space and a warehouse with 18-foot ceilings. The property includes a fenced yard area. It offers access to the 10 and 215 Freeways. The building's total size is 9,458 square feet.

Key Highlights

  • Great access to 10 & 215 Fwys
  • Free standing building
  • 18' warehouse ceiling

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 $135.1k $14.28
− Vacancy −$11.3k −$1.20
EGI $123.7k $13.08
− OpEx −$18.6k −$1.96
NOI $105.2k $11.12
9,458 SF · lease $14.28/SF/yr · vacancy 8.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,158 @ 7.0% cap · market cap 4.38%
Second Best
Industrial
$1.27M
$1.12M – $1.49M (±1% cap)
NOI $89,235 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M (±1% cap)
NOI $199,390 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Pharmacy (Bike/Boat/Book/etc) Store Veterinary Clinic Plumbing Service

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

89
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Warehouses in San Bernardino County

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

  • Olivewood Business Park — E Mill St, San Bernardino, CA 92408
  • T & M Smog — 385 E Mill St # 20, San Bernardino, CA 92408
  • Docu-Trust — 145 E Mill St, San Bernardino, CA 92408
  • Lock & Leave Storage at San Bernardino — 322 S Waterman Ave, San Bernardino, CA 92408
  • Extra Space Storage — 875 E Mill St, San Bernardino, CA 92408

Frequently Asked Questions

What type of property is this?
Warehouse - Free-standing industrial building with office space and fenced yard.
Where is this warehouse located?
The property is located at 280 E Drake Dr San Bernardino, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Great access to 10 & 215 Fwys; Free standing building; 18' warehouse ceiling
(951) 276-3643 Call to check price and availability
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