Fenced-Yard Industrial
New
For Sale
Contact for pricing
642 S Waterman Ave, San Bernardino, CA 92408
The site features a fenced yard, 400-amp electrical service and fire sprinklers.
Property Size9,363 SF
Price / SF$229.63
Days on Market4
Property Features for 642 S Waterman Ave
General Information
Standard status
Active
Size
9,363 SF
Property subtype
INDUSTRIAL
Zoning
OIP
Site & Location
Neighborhood
Meadowbrook
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Power
400 amps
Sprinkler System
Yes
Listing Agency:
Lee & Associates
(951) 276-3600
Listed By:
Herrick Johnson · License #CA 01013436
(951) 276-3632
Source:
Moodyscre
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 3:01PM
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.
Located at 642 S Waterman Ave in San Bernardino, this 9,363-square-foot industrial property is part of Waterman Place Business Center. The site has frontage along Waterman Avenue and includes a fenced yard, 400-amp electrical service and a fire sprinkler system.
The property is zoned OIP (Office Industrial Park) by the City of San Bernardino.
The property is zoned OIP (Office Industrial Park) by the City of San Bernardino.
Key Highlights
- 9,363 square feet in Waterman Place Business Center
- Frontage along Waterman Avenue
- Fenced yard area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,339
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,766,780
$1.8M
Cap Rate 7%
$1,261,986
$1.3M
Cap Rate 9%
$981,544
$981.5K
Market Conditions
NOI Build-Up for 9,363 SF
Gross rent
$134.8K $14.40/SF
− Vacancy
−$8.6K −$0.92/SF
EGI
$126.2K $13.48/SF
− OpEx
−$37.9K −$4.04/SF
NOI
$88.3K $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%
$1,766,780
Cap Rate 7%
$1,261,986
Cap Rate 9%
$981,544
Alternative Uses
Best Use
Industrial
$1.26M
$1.10M – $1.47M
NOI $88,339 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M
NOI $197,387 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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
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
Frequently Asked Questions
What type of property is this?
Industrial property - The site features a fenced yard, 400-amp electrical service and fire sprinklers.
Where is this industrial property located?
The property is located at 642 S Waterman Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 9,363 square feet in Waterman Place Business Center; Frontage along Waterman Avenue; Fenced yard area
