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    1795 Riverview Dr San Bernardino, CA 92408-3072
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    Property profile & analytics

    1795 Riverview Dr, San Bernardino, CA 92408-3072

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    • Flex space
    • 38,829 SF
    • 1.95 lot acres
    Off-Market
    Last Sale Aug 19, 2024
    $8,962,000
    Property ID
    US10-0960822
    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.

    Value Estimations
    $6,980,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Giroux Glass Inc / General Contractor / Renovation Specialist

    Property Details for 1795 Riverview Dr

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.95 lot acres
    Property type
    Flex space
    APN
    0280-261-44-0000
    APU
    280261440000

    Description

    This exceptional ±38,965 square foot industrial property at 1795 Riverview Drive, San Bernardino, CA 92408, presents a unique sale-leaseback opportunity. Situated on a spacious ±2.06-acre lot, this single-story building boasts a heavy industrial zoning designation (APN: 0280-261-44-0000). Constructed in 1981, the property features an 18-foot ceiling height, ideal for various distribution and manufacturing uses. The building includes three dock-high doors and three ground-level doors, ensuring efficient loading and unloading. Ample parking is provided with 40 spaces. The interior comprises approximately 38,965 square feet of warehouse space and approximately 3,200 square feet of office space. The property's infrastructure includes a 0.21/1,500 sprinkler density and 800 amps of power (277/408 volts). This sale-leaseback offers a two-year lease term at a current market capitalization rate. The property is offered as a NNN lease with a single tenant. This is an excellent opportunity for investors seeking a stable, long-term income stream in a prime San Bernardino location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,105,000
      6.5%
      $5,635,000
      7%
      $5,235,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,908,000
      Market price range: $4.21M - $11.4M
      AI Estimate
      $4,438,000
      Market price range: $1.70M - $7.41M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $7,060,000
      Current use
      MEDICAL BUILDING
      $11,235,000
      Change: +59% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $11,100,000
      Change: +57% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $10,450,000
      Change: +48% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,790,000
      Change: +10% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $7,770,000
      Change: +10% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.25
    Latitude
    34.0799
    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
    2024
    $44,680
    $820,635
    $2,966,912
    $3,787,547
    -
    $0.00
    $0.00
    $0.00
    More about this property
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