Industrial Office and
For Sale
$3,119,906
790 S Gifford Ave, San Bernardino, CA 92415
Well-maintained industrial facility combining office space with warehouse space, totaling approximately 13,054 SF.
Property Size13,054 SF
Price / SF$239
Days on Market65
Property Features for 790 S Gifford Ave
General Information
Standard status
Active
Size
13,054 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Building Details
Building Size
13,054 SF
Year Built
1987
Listing Agency:
Lee & Associates
Listed By:
Larry Null, SIOR · License #CalDRE #00822133
(951) 276-3616
Source:
Lee-associates
Added: Jul 3
Changed: Sep 4
Last Checked: Sep 5 at 3:52AM
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.
Well-maintained industrial facility offered for sale at 790 S Gifford Avenue in San Bernardino. The building includes approximately 1,576 SF of office space and approximately 11,319 SF of warehouse space, totaling approximately 13,054 SF.
The property is described as providing excellent access to I-10, I-215, and San Bernardino International Airport, supporting efficient regional connectivity.
The improvements are configured to support a blended industrial operation with dedicated office space alongside primary warehouse area.
The property is described as providing excellent access to I-10, I-215, and San Bernardino International Airport, supporting efficient regional connectivity.
The improvements are configured to support a blended industrial operation with dedicated office space alongside primary warehouse area.
Key Highlights
- +13,054 SF industrial building for sale at 790 S Gifford Avenue, San Bernardino, CA 92415
- +1,576 SF office space plus +11,319 SF warehouse space
- Well‑maintained industrial facility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,140
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,902,800
$2.9M
Cap Rate 7%
$2,073,429
$2.1M
Cap Rate 9%
$1,612,667
$1.6M
Market Conditions
NOI Build-Up for 13,054 SF
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.
Gross rent
$186.4K $14.28/SF
− Vacancy
−$15.7K −$1.20/SF
EGI
$170.8K $13.08/SF
− OpEx
−$25.6K −$1.96/SF
NOI
$145.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,902,800
Cap Rate 7%
$2,073,429
Cap Rate 9%
$1,612,667
Alternative Uses
Best Use
Warehouse
$2.07M
$1.81M – $2.42M
NOI $145,140 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.93M
$3.44M – $4.59M
NOI $275,199 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92415, CA
2
Population
50
Median Age
0.1 sq mi
ZIP Area
20
Density / Sq Mi
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained industrial facility combining office space with warehouse space, totaling approximately 13,054 SF.
Where is this warehouse located?
The property is located at 790 S Gifford Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $3,119,906.
What are key features of this property?
This property features: +13,054 SF industrial building for sale at 790 S Gifford Avenue, San Bernardino, CA 92415; +1,576 SF office space plus +11,319 SF warehouse space; Well‑maintained industrial facility
