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565 E Caroline St., San Bernardino, CA 92408

IL-zoned site with a gated layout, on-site utilities, and an existing two-story structure.

Property Size2,927 SF
Price / SF$273.32
Days on Market59

Property Features for 565 E Caroline St.

General Information

Standard status Active
Size 2,927 SF
Property subtype Office, Industrial, Land
Zoning IL
Listing Agency: MGR Real Estate
Listed By: Tony Hermosillo · License #CA 01756910
Source: Crexi
Added: Aug 19 Changed: Oct 8 Last Checked: Oct 16 at 7:54AM

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 MGR Real Estate

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Investment Insights

Based on property information with market context.

This industrial land offering includes a 21,300-square-foot yard and a 2,927-square-foot, two-story structure. The site is fully enclosed and gated, with utilities already in place to support operational use. The existing improvements provide space for immediate commercial activity alongside outdoor yard functions.

Access to I-10, I-215, and major freight routes supports transportation-oriented operations, equipment storage, fleet parking, and light industrial use. IL zoning establishes the property’s industrial land-use designation. The configuration is suited to contractors, logistics users, and small industrial operators seeking a combination of secured outdoor area and building space in San Bernardino.

Key Highlights

  • 21,300 SF industrial yard
  • 2,927 SF two‑story structure
  • IL zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,616
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,320 $552.3K
Cap Rate 7%
$394,514 $394.5K
Cap Rate 9%
$306,844 $306.8K
Market Conditions
NOI Build-Up for 2,927 SF
Gross rent
$42.1K $14.40/SF
− Vacancy
−$2.7K −$0.92/SF
EGI
$39.5K $13.48/SF
− OpEx
−$11.8K −$4.04/SF
NOI
$27.6K $9.43/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,320
Cap Rate 7%
$394,514
Cap Rate 9%
$306,844

Alternative Uses

Best Use
Industrial
$394.5K
$345.2K – $460.3K (±1% cap)
NOI $27,616 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$881.5K
$771.3K – $1.03M (±1% cap)
NOI $61,706 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Daycare Center Florist Tattoo & Piercing Shop Locksmith

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

1,855
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Industrial land - IL-zoned site with a gated layout, on-site utilities, and an existing two-story structure.
Where is this industrial land located?
The property is located at 565 E Caroline St. San Bernardino, CA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 21,300 SF industrial yard; 2,927 SF two‑story structure; IL zoning
(909) 917-2179 Call to check price and availability
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