Property profile

1831 Commercenter W San Bernardino, CA 92408

OFF-MARKET
Industrial properties
Property ID
US10-1415363
6,480 SF 0.35 ac lot Built 1980
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,480-square-foot warehouse, located at 1831 Commercenter West in San Bernardino, California, 92408, presents a fantastic opportunity for businesses seeking efficient and functional space. Built in 1980, this single-story building sits on a 15,248-square-foot lot and offers a generous 14-foot ceiling height. The property features two loading docks, simplifying loading and unloading operations. The warehouse is currently vacant, providing immediate occupancy for the new tenant. Ample parking is available with 21 stalls. The property boasts a fully paved yard, adding to its convenience and functionality. The zoning is designated as CR3 Commercial Regional (verification recommended). The electrical service is 400 amps, 120/480V (verification recommended). Its strategic location provides easy access to the 10 and 215 freeways, ensuring seamless transportation and logistics. The Assessor's Parcel Number (APN) is 0141-51-06. This warehouse is ready for immediate occupancy and offers a compelling combination of size, features, and location. This property is an excellent choice for businesses seeking a well-maintained and conveniently located warehouse in the San Bernardino area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,480 SF
Lot 0.35 ac (15,300 SF)
APN 0141-451-06-0000
UPID US10-1415363

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic
  • Construction Company
  • Physician
  • Corporate Office

Location

1831 Commercenter W San Bernardino, CA 92408-3303
San Bernardino metro Census 12400 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$940k
Comparable Approach Comparable
$884k
Blend (final) Blend
$385k

Owner & transaction history

since 2018
5 recorded transactions
2018
$690,000
2016
Price N/A
2013
$370,000
2012
$662,400
1979
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.3M +10.3%
Apartment house (5+ units) $1.3M +10.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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