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    241 Central Ave San Bernardino, CA 92408

    Sponsored
    For Sale
    $4,500,000

    San Bernardino industrial land, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 94,089 square foot lot, located at 241 E Central Avenue in San Bernardino, California (zip code 92408), presents a compelling investment opportunity. Currently utilized as a place of worship, this property offers significant potential for future development. The expansive lot size, exceeding two acres, allows for a wide range of possibilities. The property is classified as industrial land with warehouse and commercial subtypes. The asking price is $4,500,000. While the building square footage is not currently specified, the substantial lot size makes this an attractive proposition for developers seeking a large-scale project in a prime San Bernardino County location. The property's address is precisely 241 E Central Ave, San Bernardino, CA 92408, offering easy access to major transportation routes and amenities. Given its size and current use, this property is well-suited for redevelopment into various commercial or industrial ventures. Serious inquiries are encouraged to explore the full potential of this unique offering.

    Property Features for 241 Central Ave

    General Information

    Property type
    Distribution properties

    HighLights

    • 2.1‑acre lot (94,089 SF) at 241 E Central Ave, San Bernardino, CA 92408.
    • Currently used as a place of worship, ideal for redevelopment.
    • Zoned industrial, with warehouse and commercial subtypes.
    • $4,500,000 asking price.
    • Excellent location with easy access to major transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.280325
    Latitude
    34.085551

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    FAQs

    What type of property is this?
    Distribution property - San Bernardino industrial land, high potential.
    Where is this distribution property located?
    The property is located at 241 Central Ave San Bernardino, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: 2.1-acre lot (94,089 SF) at 241 E Central Ave, San Bernardino, CA 92408.; Currently used as a place of worship, ideal for redevelopment.; Zoned industrial, with warehouse and commercial subtypes.
    Request Owner's contact information
    241 Central Ave San Bernardino, CA 92408
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    San Bernardino, CA 92408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    241 Central Ave San Bernardino, CA 92408
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