Sprinklered Industrial
For Sale
$2,600,000
630 S Waterman Ave., San Bernardino, CA 92408
Industrial property with a secured yard and frontage along Waterman Ave.
Property Size11,315 SF
Days on Market49
Property Features for 630 S Waterman Ave.
General Information
Standard status
Active
Size
11,315 SF
Property subtype
Industrial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Sprinkler System
Yes
Building Details
Building Size
11,315 SF
Year Built
2006
Listing Agency:
Lee & Associates
Listed By:
Craig Yocum · License #CalDRE #00942165
(951) 276-3625
Source:
Lee-associates
Added: Sep 1
Changed: Oct 8
Last Checked: Oct 19 at 4:46AM
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
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Investment Insights
Based on property information with market context.
This industrial property was built in 2006 and includes a fenced yard for secured outdoor space. The building is fully sprinklered, adding a defined fire-protection feature to the improvements. Frontage along Waterman Ave. provides direct street presence for the property.
Key Highlights
- Built in 2006
- Fully sprinklered building
- Fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,756
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,135,120
$2.1M
Cap Rate 7%
$1,525,086
$1.5M
Cap Rate 9%
$1,186,178
$1.2M
Market Conditions
NOI Build-Up for 11,315 SF
Gross rent
$162.9K $14.40/SF
− Vacancy
−$10.4K −$0.92/SF
EGI
$152.5K $13.48/SF
− OpEx
−$45.8K −$4.04/SF
NOI
$106.8K $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%
$2,135,120
Cap Rate 7%
$1,525,086
Cap Rate 9%
$1,186,178
Alternative Uses
Best Use
Industrial
$1.53M
$1.33M – $1.78M
NOI $106,756 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M
NOI $238,538 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property with a secured yard and frontage along Waterman Ave.
Where is this industrial property located?
The property is located at 630 S Waterman Ave. San Bernardino, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Built in 2006; Fully sprinklered building; Fenced yard
