Open-Span Warehouse
For Sale
Contact for pricing
448-464 S Pershing Ave, San Bernardino, CA 92408
Warehouse buildings with yard area, substantial clearance, and direct connectivity to major freeways in San Bernardino.
Property Size20,620 SF
Price / SF$189.14
Days on Market74
Property Features for 448-464 S Pershing Ave
General Information
Standard status
Active
Size
20,620 SF
Property subtype
INDUSTRIAL
Listing Agency:
Daum Commercial
(909) 980-1234
Listed By:
Gus Andros · License #01010235
(909) 912-0003
Source:
Moodyscre
Added: Aug 5
Changed: Oct 10
Last Checked: Oct 16 at 11:40AM
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 Daum Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse portfolio includes 20,620 square feet of clear-span building area at 448-464 S Pershing Ave in San Bernardino. The structures offer 12'-14' clearance and are accompanied by a large yard, providing functional space for warehouse operations and related outdoor needs.
The property has immediate access to the 10 and 215 freeways, connecting the site with the surrounding San Bernardino area and regional transportation network.
The property has immediate access to the 10 and 215 freeways, connecting the site with the surrounding San Bernardino area and regional transportation network.
Key Highlights
- 20,620 SF of clear‑span warehouse buildings
- 12'-14' clearance
- Large yard included with the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,262
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,585,240
$4.6M
Cap Rate 7%
$3,275,171
$3.3M
Cap Rate 9%
$2,547,356
$2.5M
Market Conditions
NOI Build-Up for 20,620 SF
Gross rent
$294.5K $14.28/SF
− Vacancy
−$24.7K −$1.20/SF
EGI
$269.7K $13.08/SF
− OpEx
−$40.5K −$1.96/SF
NOI
$229.3K $11.12/SF
Area
San Bernardino, CA
Vacancy
8.40%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,585,240
Cap Rate 7%
$3,275,171
Cap Rate 9%
$2,547,356
Alternative Uses
Best Use
Warehouse
$3.28M
$2.87M – $3.82M
NOI $229,262 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.21M
$5.43M – $7.25M
NOI $434,703 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92408, CA
13,488
Population
4,403
Households
3.1
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
10.5 sq mi
ZIP Area
1,285
Density / Sq Mi
$63,696
Median Household Income
$32,122
Median Earnings
$1,314
Median Rent
$407,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Docu-Trust — 145 E Mill St, San Bernardino, CA 92408
- T & M Smog — 385 E Mill St # 20, San Bernardino, CA 92408
- Lock & Leave Storage at San Bernardino — 322 S Waterman Ave, San Bernardino, CA 92408
- CubeSmart Self Storage — 401 S Waterman Ave, San Bernardino, CA 92408
- Burgess Moving & Storage Co — san bernardino, ca 92401
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse buildings with yard area, substantial clearance, and direct connectivity to major freeways in San Bernardino.
Where is this warehouse located?
The property is located at 448-464 S Pershing Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 20,620 SF of clear‑span warehouse buildings; 12'-14' clearance; Large yard included with the property
