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    Property profile & analytics

    1396 Waterman Ave San Bernardino, CA 92404-5313

    • Medical offices
    • 2,657 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $2,280,000
    Last Sale
    Jul 02, 2024
    $2,250,000
    Location Intelligence
    Property ID
    US10-1005589
    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

    • Foundation Laboratory / Laboratory
    • In-Home Motivation / Weight Loss Service

    Property Details for 1396 Waterman Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.37 lot acres
    Property size
    2,657 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    0146-213-42-0000
    APU
    146213420000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,495,000
      6.5%
      $2,335,000
      7%
      $2,295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,430,000
      Geo Method
      $2,265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,435,000
      Retail
      $2,475,000
      Mixed-Use
      $2,215,000
      Hospitality
      $2,415,000
      Educational
      $2,505,000
      Residential Income
      $1,985,000
      Energy
      $2,445,000
      Income-Based Land
      $1,915,000
      Food Service
      $2,635,000

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.279
    Latitude
    34.1252
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,949
    $89,242
    $139,440
    $228,682
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $305,000
      5,000 SF

      754 Highland Ave

      MEDICAL BUILDING • 5,000 SF
      754 Highland Ave, San Bernardino, CA 92404-4005
      View Details
    • Value Estimation
      $210,000
      2,388 SF

      1520 Waterman Ave

      MEDICAL BUILDING • 2,388 SF
      1520 Waterman Ave, San Bernardino, CA 92404-5111
      View Details
    • Value Estimation
      $380,000
      4,560 SF

      249 Highland Ave

      MEDICAL BUILDING • 4,560 SF
      249 Highland Ave, San Bernardino, CA 92404-3707
      View Details
    • Value Estimation
      $460,000
      5,152 SF

      489 21st St

      MEDICAL BUILDING • 5,152 SF
      489 21st St, San Bernardino, CA 92404-4816
      View Details
    • Value Estimation
      $245,000
      2,440 SF

      1780 Highland Ave

      MEDICAL BUILDING • 2,440 SF
      1780 Highland Ave, San Bernardino, CA 92404-4618
      View Details
    • Value Estimation
      $645,000
      528 SF

      2045 Waterman Ave

      MEDICAL BUILDING • 528 SF
      2045 Waterman Ave, San Bernardino, CA 92404-4834
      View Details

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    Similar Nearby for Lease

    • $2,742 /Mo
      2,384 SF

      Waterman Medical Center Lease Opportunity

      Medical business center with high visibility and easy freeway access.
      1364 N Waterman Ave, San Bernardino, CA 92404
      View Details
    • $1.65 SF/Yr
      7,503 SF

      San Bernardino Office Space Available

      Office and medical space for rent near Saint Bernardine's Hospital.
      2020 N Waterman Ave, San Bernardino, CA 92404
      View Details
    • Contact for pricing
      26,054 SF

      Waterman Medical Plaza: Suites Available

      Prime Medical Office Space, Highland & Waterman
      2150 Waterman Ave, San Bernardino, CA 92404
      View Details
    • $1.25 SF/Yr
      13,848 SF

      Highland Avenue Retail/Office Space

      Retail or office units with great exposure and flexible zoning.
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      View Details
    • $1.65 SF/Yr
      1,132 SF

      Office Condo with Private Parking

      Office condo featuring private parking, offices, and open space.
      2048 N Waterman Ave, San Bernardino, CA 92404
      View Details
    • Contact for pricing
      1,500 SF

      San Bernardino Commercial Space Available

      1500 SF warehouse/industrial space for lease in San Bernardino.
      126 E Highland Ave, San Bernardino, CA 92404
      View Details
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    San Bernardino, CA 92404-5313
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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
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