3972 N Waterman Ave San Bernardino, CA 92404
This 9,289 square foot office building, located at 3972 N Waterman Ave, San Bernardino, CA 92404, presents a compelling owner-user investment opportunity. The property sits on a 0.73-acre lot and is ideally suited for a variety of uses, including other office properties, residential offices, medical offices, and mixed-use purposes. Currently, the building offers a strong potential for rental income, with a current net operating income of $91,400. This translates to a 6.20% capitalization rate at 90% occupancy, indicating significant value and return on investment. The asking price is $1,475,000, representing a low cost per square foot of $158. The property is particularly attractive to owner-users seeking a blend of operational space and investment potential. Furthermore, the property qualifies for Small Business Administration financing with a 10% down payment, making it accessible to a wider range of buyers. This presents a value-added opportunity with significant upside potential for rental income growth. Serious inquiries are encouraged to explore this exceptional investment prospect.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.