1364 Camino Real San Bernardino, CA 92408
- Industrial properties
- 26,294 SF
- 2.97 lot acres
Current Use by Public Records
- Farmers Insurance - Patricia Cisneros / Insurance Agency
- Farmers Insurance: Roberts Amit / Insurance Agency
- Aesthetic Automotive / Car Wash
- Royal Road Collision Center / Auto Repair Shop
- Avenger Cycle Works Inc. / Auto Repair Shop / Motorcycle Shop
Property Details for 1364 Camino Real
- Year built
- 1990
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.97 lot acres
- Property size
- 26,294 SF
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 0141-251-64-0000
- APU
- 141251640000
Description
This exceptional retail property, a corporate auto center, presents a unique investment opportunity in San Bernardino County. The entire center encompasses a substantial 23,186 square feet, offering ample space for various automotive-related businesses. Currently, one unit is available for lease, measuring 1,968 square feet, ideal for expansion or a new tenant. The property boasts a secure, fenced lot, providing enhanced safety and security for both businesses and customers. With a total of 92 parking spaces, ample parking is readily available for customers and employees. The property's classification as a "Multiple Tenancy" building suggests a strong potential for diverse income streams and a robust tenant base. The existing structure is well-suited for automotive businesses, but the versatile layout could potentially accommodate other retail uses, subject to necessary permits and approvals. This prime location in San Bernardino County offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The substantial square footage and ample parking make this property a highly desirable asset for investors seeking a strong return on investment in the thriving automotive retail sector. The fenced lot adds an extra layer of security and peace of mind. This is a rare opportunity to acquire a well-established and strategically located retail property with significant growth potential. Serious inquiries are encouraged.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,135,000
- 6.5%
- $3,815,000
- 7%
- $3,545,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,675,000
Market price range: $1.15M - $5.02M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $4,780,000 Current use
- AUTO REPAIR, GARAGE
- $5,275,000 Change: +10% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $5,260,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.298
- Latitude
- 34.0753
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
