Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    420 Hospitality Ln San Bernardino, CA 92408

    • Commercial real estate
    For Lease
    View listing
    $30 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0959593
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Certified Federal Credit Union / Credit Union
    • Cafe Organix / Cafe / Lunch Restaurant
    • Mrs. Rhonita Henry / Nurse Practitioner
    • D1 Barbershop / Barber Shop
    • Beauty Blow Bar / Hair Salon

    Property Details for 420 Hospitality Ln

    Property type
    Commercial real estate

    Description

    This ±1,108 square foot retail space is ideally situated within the bustling Tri-City Commercial Hub in San Bernardino, CA (92408), at 420 E Hospitality Ln. The property benefits from a central location within a high-traffic area, surrounded by 1.7 million square feet of office and commercial space within a 0.5-mile radius, ensuring consistent foot traffic, particularly during weekday lunch hours. This location boasts strong retailer activity, with neighboring tenants including major brands such as Home Depot, Costco, Sam's Club, Best Buy, and numerous popular restaurants. The limited availability of comparable retail spaces in the Tri-City Corporate Centre creates a highly desirable environment with low vacancy rates, making this an exceptional opportunity for businesses seeking spaces in the 1,000-2,500 square foot range. The property's strategic location offers maximum exposure, with convenient access from the westbound Waterman Avenue freeway exit off Interstate 10, directing traffic directly to the center. Ample parking is available, with approximately 1,535 stalls provided through reciprocal parking arrangements with surrounding buildings. This combination of high visibility, strong tenant mix, and convenient access makes this retail space an exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.2759653
    Latitude
    34.0668864

    Comparable in this City

    • Contact for pricing
      38,768 SF

      Prime San Bernardino Land Parcels

      Two developable pads, ideal location.
      0 Hospitality Ln & Harriman Pl, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      4,800 SF

      Prime San Bernardino Retail Space

      4,800 SF Retail/Restaurant, High Traffic
      510 Orange Show Rd, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      34,122 SF

      San Bernardino Retail Space Available

      High-visibility retail space with flexible layout and ample parking.
      Inland Center Dr, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      4,208 SF

      Retail Space in San Bernardino

      Retail space available in 7-Eleven anchored strip center.
      1935 S Waterman Ave, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Available For Rent

      Retail space available for rent in San Bernardino, CA.
      1224-1228 W 2Nd St, San Bernardino, CA 92408
      View Details
    • $13 SF/Yr
      7,824 SF

      Flex Warehouse/Office Space

      7,824 SF Single-Tenant Building
      1836 Commercenter Cir, San Bernardino, CA 92408
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.89 Acres

      San Bernardino Commercial Land Pads

      Prime San Bernardino location, two developable pads.
      0 Hospitality Ln & Harriman Pl, San Bernardino, CA 92408
      View Details
    • $1,995,000
      1 SF

      San Bernardino Commercial Land Available

      1.9 acres of commercially zoned land ideal for various uses.
      386 S Allen St, San Bernardino, CA 92408
      View Details
    • $4,650,000
      21,000 SF

      San Bernardino Warehouse Investment

      High-yield warehouse, net lease, 5.78% cap rate.
      1730 E St, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      17,300 SF

      San Bernardino Warehouse - 17,300 SF

      1.67-acre warehouse, ideal for distribution. High traffic location.
      151 Redlands Blvd, San Bernardino, CA 92408
      View Details
    • $3,100,000
      6,114 SF

      Multi-Tenant Retail Opportunity For Sale

      Multi-tenant retail center with drive-thru and billboard income.
      291-297 N Waterman Ave, San Bernardino, CA 92408
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      17,300 SF

      Redlands Blvd Flex Space For Lease

      17,300 SF Flex Space, High Visibility
      151 Redlands Blvd, San Bernardino, CA 92408
      View Details
    • $13 SF/Yr
      7,824 SF

      Flex Warehouse/Office Space

      7,824 SF Single-Tenant Building
      1836 Commercenter Cir, San Bernardino, CA 92408
      View Details
    • $0.85 SF/Yr
      31,150 SF

      San Bernardino Retail Space Available

      Retail property available for lease in San Bernardino, CA.
      1364 Camino Real, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      34,122 SF

      San Bernardino Retail Space Available

      High-visibility retail space with flexible layout and ample parking.
      Inland Center Dr, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      4,208 SF

      Retail Space in San Bernardino

      Retail space available in 7-Eleven anchored strip center.
      1935 S Waterman Ave, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Available For Rent

      Retail space available for rent in San Bernardino, CA.
      1224-1228 W 2Nd St, San Bernardino, CA 92408
      View Details

    Property Visit Statistics

    • Visits by month
      11.5k
    • Visitors by month
      9.2k
    • Avg Time on site
      69 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 Hospitality Ln
    San Bernardino, CA 92408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.