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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Industrial properties
1904 Riverview Dr San Bernardino, CA 92408-3057
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1726218
Property summary
AI-generated overview
This exceptional San Bernardino industrial property, located at 1904 Riverview Dr, offers a prime opportunity for businesses seeking versatile manufacturing or warehouse space. The 19,820-square-foot building sits on a 1.05-acre lot and boasts a range of features ideal for various industrial operations. Built in 1991, the property includes 14 dock-high doors and 14 drive-in doors, ensuring efficient loading and unloading. The high ceilings, measuring 14 feet, provide ample vertical space for storage and equipment. Currently, 1,500 square feet of space is immediately available for lease. The property is zoned IH - Industrial Heavy, and features a fenced and paved lot, enhancing security and accessibility. The property's address is 1904 Riverview Dr, San Bernardino, CA 92408, within San Bernardino County. The APN is 0280-281-13-0000. This multi-tenant building presents a unique chance to establish or expand your industrial operations in a well-located and functional facility. The combination of ample space, convenient access, and robust infrastructure makes this property an attractive option for a variety of industrial uses. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,220 SF
Lot
1.06 ac (46,173 SF)
APN
0280-281-13-0000
UPID
US10-1726218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Vistalite Corporation Factory Production Facility
-
Willy's Diagnostics and Dyno shop Auto Repair Shop
-
Voesten Diagnostics and Dyno Auto Repair Shop
-
Von's Transmission Auto Repair Shop
-
Car's Cash For Junk Clunkers Discount Store Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.74M
Owner & transaction history
Z6 Riverview LLC · 3 yrs held
Z6 Riverview LLC
since 2023
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+10.3%
Apartment house (5+ units)
$3.8M
+10.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,825,000
ML approach
$2,785,000
CAP Approach
CAP Return
Estimation
6%
$3,020,000
6.5%
$2,790,000
7%
$2,590,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,495,000
Current use
AUTO REPAIR, GARAGE
$3,855,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,845,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±10% · vs last sale $2.51M (May 25 2023)
Last sale anchor
$2.51M
May 25 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$142 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$30,262
Tax year 2024
Assessed value
$2,560,200
Assessed 2024
Previous assessed
$2,560,200
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$765,000
Assessed improvement
$1,795,200
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
14
Rooms
4
Bathrooms
1
Total area
19,220 SF
Lot
1.06 ac (46,173 SF)
APN
0280-281-13-0000
UPID
US10-1726218
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
14
Rooms
4
Bathrooms
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Z6 Riverview LLC
Entity
Mailing address
3240 MSN INN AVE, RIVERSIDE, CA 92507-4069
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2023
$2,510,000
Z6 Riverview LLC
Mdm Investments 1 LLC
Grant Deed
—
Feb 16, 2017
—
Mdm Investments 1 LLC
Michael G Rademaker
Grant Deed
$712,500 · Bank Of The West
Aug 3, 2016
$950,000
Rademaker Trust
Riverview Dev Partners LP
Grant Deed
—
Apr 26, 1991
$90,000
Dev Pa Riverview
Redevelopment Ag
Grant Deed
$550,000 · Sanwa Bank California
—
—
Mdm Investments 1 LLC
—
Deed Of Trust
related
$1,235,000 · Bank Of The West
—
—
Mdm Investments 1 LLC
—
Deed Of Trust
related
$203,373 · Niedermeier Family Trust (pt)
—
—
Riverview Dev Partners LP
—
Deed Of Trust
related
$210,000 · Dai & Alyssa Phung
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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